Tag: profit margins

Stop profit margins falling
Kitchen Finance

Stop your profit margins falling | Kitchen CUT

In the UK hospitality industry alone, research is consistently showing that profits are down.  Profit margins have plummeted from 19% to 1.5% – figures which for many businesses are not sustainable.  The fact is, many companies are making a loss and are in danger.  Here, Michelin Starred chef John Wood looks at the reasons behind the…