CONSULTANCY

Adstock are not consultants in the general sense of the word. The company is run by people who have many years experience of the licensed trade and who would like to pass that knowledge on to others.  The specialities of the proprietors lie in profitability and it is in that field that they excel. Whether a small pub or a substantial hotel, every licensee wants to maximise on his or her profitability and this can often be achieved by a third party viewing the business with experienced eyes. It is surprising how much information can be gleamed by a short inspection of the records and a good look round the property so as to establish a feel for the operation. Adstock do not interfere and the visit can be treated confidentially if preferred, but at the end of the day, the advisor will give an honest opinion which hopefully will benefit the business.

The company has been aware for several years that potential purchasers have no where to turn if seeking advice on whether to proceed or withdraw. Adstock can offer this service and are keen to help people with an honest appraisal of the proposed purchase. This need not be expensive and various grades of service are available starting with a brief verbal report right up to a business plan with explanatory notes on the reasons for any advice given.

So many licensees are unaware of what to look for when considering acquisitions and it is well worth their while taking professional advice prior to investing in a business which might not be the right thing for them. Obviously Adstock cannot dictate what people do with their money, but they can look at the intended purchase with open and unbiased eyes and give a true opinion of its potential in a friendly and helpful way.

Speak to Adstock and perhaps the company can save you a lot of money.

 No one likes to admit that their business is not running properly or that they are loosing money. Unfortunately many licensees are unable to face up to the fact, they become depressed and things get even worse until suddenly it is all over and they are forced to sell the business, or even worse have it sold for them often at a low price. This is a typical scenario, but it is quite unnecessary because help is at hand if only people would call in the experts at the earliest signs of a problem.  Adstock are there to help and with over forty year’s experience of the trade, genuinely want to pass on their knowledge to those needing it, whether they be new to the trade or veterans.

Generally Adstock would look at margins currently produced on liquor and if applicable food. Cost and selling prices in each area would be scrutinised, marketing techniques examined, room rates if relevant discussed, and the ambience of the property assessed. It might be that menu changes would be beneficial or that staff levels could be reduced through re planning. Whatever the route of the problem Adstock will make its recommendations in a friendly and courteous way so that they can be discussed properly and openly. If preferred this service can be offered on a confidential basis.

Licensees should not be afraid to ask for help, and with several levels of service available to them the cost need not be excessive. At the lower end of the scale a representative of the company will spend one day or whatever it takes on site,  so as to assess the business and formulate a plan for discussion prior to departure. The company are very aware that cash flow is important to these potential clients and therefore try to offer a first class service at highly competitive rates.

Adstock have the experience to help and can often save licensees not only their business and livelihood, but their reputation and capital.