Bar Inventory in 15 Minutes, My Ass!

Bar Inventory in 15 Minutes, My Ass!

I have a standing challenge to any bar inventory software company who claims their app and software can count inventory in 15 minutes: Come do inventory for one of my clients and if you can do it in 15 minutes, I will give you $50,000. I’m not kidding. And not with 6 people using 6 devices. Anyone can do that. It still adds up to 90 minutes of labor and bars aren’t going to have 6 people taking inventory for them. Why the challenge? Because companies like these are the result of modern-day inflated marketing tactics and an over-exaggeration of the girth they’re carrying under the hood, which always leads to a very unsatisfying experience for the user. This leads me to believe they are compensating for something. The fact is, inventory software makes counting MUCH faster, it’s true. 50 – 70% faster, which is Awesome with a capital “A”. But 6 hours to 15 minutes? That’s your claim? Bring it on. I’d love to see that. Can...
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Why is Bar Inventory SO Important? 3 Hard Truths You Need to Look at

Why is Bar Inventory SO Important? 3 Hard Truths You Need to Look at

I know you really don’t want to open up and read this article, because if you find out just HOW important your bar inventory is, it means you won’t be able to ignore it anymore. And yes, you’ve been ignoring it. That lazy count you do once per month on your clipboard is having the same impact as those shoes you buy that are supposed to shape your butt. Problem is, everyone thinks that their business is failing for a variety of reasons, and while that is sort of true, there is really only one real reason, and it’s because they choose to ignore the issues that need to most attention. Neglecting to monitor your inventory will have the same result as leaving your dog in the car with the windows rolled up in July. Yes, I’m aware that is a very graphic metaphor, and despite the angry PETA emails I will receive, I need this to sink in. Did you know at 7-Eleven...
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How to Determine Optimal Inventory Levels For Your Bar

How to Determine Optimal Inventory Levels For Your Bar

Bar managers love their giant inventory. They must. Why else would they have $20,000 of inventory on-hand when they’re sales are only $60,000 per month? I assume it’s the variety. Like owning a stamp or coin collection. It’s fun to show off your array of rare whiskeys and Scotches to people who walk in, which for some bars is fine because that’s their main theme. For instance, if you’re a whiskey bar and people are expecting a wide range of whiskeys, then you sure as shootin’ better have a nice selection. I get that. What I don’t get are the mainstream bars that employ a bar manager who manages based on his whims. Just last week he went to this “totally awesome” classic cocktail bar he visited in Manhattan, and so now he’s inspired to create an iconic mixologist cocktail menu, and so he orders unique inventory to create this menu.  In the meantime, the bar he is managing, The Six-Shooter Country Lounge, attracts clients with...
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The Secret to Cost Control That Nobody is Practicing

The Secret to Cost Control That Nobody is Practicing

If you’ve been in this industry for any amount of time, you have at least been exposed to an insane way of thinking that doesn’t exist in any other work force I’ve ever come across. This way of thinking has become so engrained over the years into the minds of owners and managers that it’s difficult for me to penetrate the brainwashing that has taken place and change their way of thinking for the betterment of their establishment. The mindset I’m talking about from the owners goes a little something like this: “I need to give away free drinks because that’s what bars have been doing for hundreds of years.” The mindset of the bartenders is: “I need to give away free drinks so I can get bigger tips and buy shiny things.” The mindset of owners about bartenders is: “Oh well, what’re you gonna do?” Wake up, stupid! This is a mindset built for destruction. Bars have a unique opportunity to make HUGE profits...
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