Friday, January 20, 2012

The Importance of Restaurant Liquor Inventory Spreadsheets




Running a restaurant is a costly undertaking.  You need to accurately track your expenditures and profits in order to run your business as efficiently as possible.  One easy way to start is by using a liquor inventory spreadsheet.

One of the easiest places to lose money in your restaurant is the bar due to employee theft and inaccurate record keeping.  A liquor inventory spreadsheet can minimize or completely avoid this problem because it helps you track the cost of each product, the amount being sold, and the profit earned.  If there are any discrepancies at the end of the month, you'll be able to go back and track where the error occurred, and then take the appropriate measures to keep this from happening again.

An inventory spreadsheet is set up with some basic forms of information that you'll need to enter such as the name of the product, and the retail and wholesale price.  If there is other data you'd like to include, you can add that as well. Each time you purchase more product, you'll add this to the spreadsheet as well as anything that has been sold.  An important fact to remember when dealing with spreadsheets is that you must be consistent in keeping it up to date, otherwise it will serve no useful purpose and may even cause more confusion.

Many restaurants are running on a tight enough budget as it is, and the thought of buying expensive inventory software may be out of the question.  There is another option, however, and that is to download a free restaurant liquor inventory spreadsheet.  Dave Lipson from FreeRestaurantForms.com allows you to do this.  You can be assured that downloading this form from Mr. Lipson's site will give you a proper and accurate document that will make your inventory tracking as easy as possible.

Start taking control of your restaurant today by downloading your free liquor inventory form from FreeRestaurantForms.com.  You won't regret it, and may even wish you'd done