While some industries have rebounded post-pandemic, the UK hospitality sector continues to face significant challenges. Mounting energy costs, regulations, ongoing Brexit effects on supply chains, alcohol duty reforms, and difficulties in hiring and retaining staff directly impact profits and well-being, placing numerous businesses in jeopardy. Orchestrating a successful business rescue requires a multifaceted approach, and Capcon can provide valuable support.
How Capcon Supports Business Rescue Practitioners
- Analysing Product Range and Demographics: We help analyse whether the product range is suitable for the target demographic. With data-driven insights, Capcon can guide practitioners to identify which products resonate best with customers and make informed decisions about refining the offerings.
- Optimising Cost Prices: Capcon’s data insights enable a thorough review of cost prices, ensuring businesses are procuring at the most competitive rates.
- Competitor Price Analysis: We provide practitioners with data-driven insights to conduct thorough competitor analyses, helping them strategically set selling prices for maximum competitiveness and profitability.
- Staffing Cost Ratio Assessment: Capcon’s insights can assist practitioners in assessing staffing costs relative to revenue, aiding in efficient resource allocation.
- Reviewing Trading Hours: Our data-driven insights can aid practitioners in assessing whether the current trading hours align with customer demand and market trends, optimising revenue streams.
- Efficient Menu Structuring: Capcon facilitates menu optimisation by analysing popular items and streamlining ingredients, thereby minimising stockholding and waste.
- Enhancing Kitchen Practices: Effective kitchen practices can directly impact profit margins. We can provide insights into various operational aspects, such as cooking oil management, which can contribute to increased food margins.
- Effective Stock and Order System: Implementing an efficient stock and order system is crucial for reducing wastage and loss risk. Capcon’s inventory management features can assist practitioners in optimising stock levels and ordering processes.
- Strategic Marketing and Incentives: Our data analytics enable practitioners to assess marketing impact, refining strategies for better customer engagement.
- Equipment and Controls: Capcon ensures operational continuity by helping practitioners maintain and control dispensing and EPOS equipment to mitigate risks.
From Crisis to Prosperity
Capcon is highly regarded as a trusted ally for business rescue practitioners. Our suite of services and analytical capabilities help to steer distressed companies toward solvency or creditor-favourable outcomes. By providing insights and systems to address critical aspects like cost efficiency, operational effectiveness, and strategic decision-making, Capcon paves the way for businesses to emerge stronger from adversity. In partnership with Capcon, business rescue practitioners can not only navigate challenges but also unlock the hidden potential that lies within distressed businesses, moving them towards a more prosperous future. Get in touch to find out more.