It’s that Business Inspector again!

in Business Basics, Jane's Blog

Yes, I watched the five.tv show The Business Inspector again this week. Even if you don’t like Hilary Devey’s style, she certainly seems to know her stuff. I personally have found some of her tips very useful. And if you’ve missed these hour long programmes, you can watch them again at www.demand.five.tv.

In fact I had a double dose of Hilary this week, as I watched early this morning one of the previous programmes that I’d missed, the one with the cocktail bar owner who wasn’t making nearly enough money. By an analysis of his figures, she pointed out that he could make an extra 35p per cocktail if he bought in less expensive spirits. Despite some resistance, the owner followed her advice, and that, combined with lowering the cost of a cocktail to £5 from £6 for a special offer evening, resulted in a very busy evening with lots of cocktails being bought, amongst demonstrations of ‘flairing’ — what the bartenders do when they juggle with the cocktail shaker! Honestly, just for this bit alone this programme is worth watching! It was Episode 2 I think.

What have I amended in my business since watching? Set up a system for recording all cash income and outgoings; developed a new product; applied to have my very own business mentor locally; got inspired to re-do my business plan. Watch this space!

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