Tailored Solutions for Every Stage of Your Journey
Effectively managing Gross Profit (GP) is essential for the long-term success of your business. GP is critical because it one of your biggest costs alongside labour.
Here at The Engine Room, we understand that streamlined operations, insightful data, and precise financial management are key to thriving in this competitive landscape.
We want to empower you to take control of your business’s gross profit by optimising costs and boosting efficiency through a comprehensive overview of your costs and sales. This goes beyond simple financial tracking to encompass a full range of operational controls—from inventory management to sales analysis
Technology Integration
We help to integrate systems to streamline the entire ordering process—from supplier
management to payments. Our GP management process tracks your purchases to ensure you
only buy what you need and minimise wastage.
Keeping seldom-bought options on menus is harmful for your bottom line especially if you
otherwise struggle with staffing or holding popular services and items. A more thorough
understanding of your inventory and sales will create greater room for new growth within your
business.
Using a payment system helps to keep an eye on invoices to make sure they are paid promptly,
helping you maintain robust cash flow control. Monitoring your bills carefully places you ahead
of mistakes and miscommunication thereby strengthening supplier relationships.
Costing
An efficient GP management system will allow you to instantly see the cost implications of your
services and goods, making it easier to adjust expenditures to improve profitability.
The Engine Room goes beyond simply calculating gross profit, by investigating industry averages, by looking into whether supplies have become more expensive or if your competitors are charging more, which will indicate if your pricing may need an update.
For food-based businesses, our approach includes a detailed recipe database that allows you to manage costs down to the ingredient level. This feature also provides critical allergen and nutritional information to ensure compliance with industry regulations, keeping your customers informed and safe.
Contact our team today
Get in touch to learn how we can help improve your hospitality business
Contact UsSales Mix
Understanding what products are selling and at what margin is crucial to effective GP management. Our team analyses your sales mix, identifying the most profitable items on your menu.
Armed with this data, you can make knowledgeable decisions, such as optimising your menu to emphasise high-margin items or adjusting pricing strategies to maximise profit without sacrificing customer satisfaction.
Choose The Engine Room
Managing your gross profit effectively doesn’t have to be overwhelming. This is why our GP management support is not a one-size-fits-all solution; it is designed to be adaptable, ensuring it meets the specific needs of your business.
At The Engine Room, we bring years of experience in hospitality consultancy and combine it with innovative tech solutions to help our clients manage their gross profit more effectively. Whether you’re running anything from a fine dining restaurant or a themed bar, to a bustling café or a chain of hotels, our platform will support you in driving profitability and operational efficiency.
Our consultants become an extension of your team to help you simplify the process and make data-driven decisions that lead to better financial outcomes.
Start optimising your operations with The Engine Room and see the difference in your bottom line.
But why trust our opinion? Here’s what our clients had to say:
“I just wanted to say that The Engine Room have been excellent advisors to help me expand my company. They are on the top of their game when it comes to numbers and projections. They also know how to listen and ask the awkward questions that make your business even more appealing to your market.”
Julien Plumart, Owner, Julien Plumart
If you’re ready to elevate your hospitality business contact The Engine Room to start planning your success.
Get in touch