Managers working in the hospitality sector understand that in today’s economic climate, the job doesn’t just involve late nights and busy weekends, it’s also about getting more people through the door and balancing the books. With a growing number of hotel managers wanting to take their skills in a new direction, Mike Smith, Director at Stocktake UK discusses the opportunities a stocktaking franchise offers to hospitality professionals seeking an alternative career path.

The ups and downs of hospitality

The last few years have been exceptionally challenging for UK hotels. Brexit led to a shortage of workers, income dried up during the pandemic, the cost-of-living crisis has impacted bookings and high inflation has made it far harder to maintain profitability.

Demand for Stocktakers

Faced with higher costs and fewer visitors, it has become increasingly important for hotel owners across the sector to improve inventory management so they can eliminate waste and increase sales margins. This need has led to a growing number of hotels, large and small, seeking the services of professional stocktakers.

Indeed, many now find this an indispensable service, as it provides managers with the means to keep check on their stock levels, make informed purchases and eradicate over and understocking. Essentially, it enables them to fulfil customer demand in the most cost-efficient way.

From Hotel Manager to Stocktaking Franchisee

With the steadily rising demand for stocktaking services, becoming a stocktaking franchisee enables former hotel managers to start their own business in an area that offers both stability and growth while being fully supported by the parent company. Stocktake UK’s franchise programme offers hotel managers an alternative way to utilise their existing skills and experience while remaining in a familiar sector. Potential earnings are promising too, with the average franchisee making around £50K a year and top partners accruing in excess of £125K.

For many hotel managers, the main attraction of a stocktaking franchise is the lifestyle change it offers. Instead of the inconvenience of long days and unsociable hours, franchisees have far greater flexibility when it comes to organising their working days and, indeed, the days they work. This brings the promise of a better work-life balance and more time to spend on what they enjoy.

Getting started as a stocktaking franchisee

For hotel managers considering a stocktaking franchise, joining Stocktake UK’s national network of professional stock auditors means being supported from day one. Franchisees need no previous stocktaking experience, as they receive full training in everything from business management to using specialist stocktaking software. Additionally, all equipment is provided and continuous support, together with regular leads, are provided from the head office.

With over 25 years’ experience, Stocktake UK is a leading provider of professional stocktaking services to hotels and the hospitality industry at large. We have an extensive client portfolio that includes everything from independent clubs and restaurants to regional pub chains and distinguished hotel groups.

For more information, visit Stocktake UK.