I caught up with a freind last night who,when I saw him 2 weeks ago, was all set to take over the running of a pub, albeit one that was on its last legs.
Things have developed and the tenancy has transferred to another party, they still want to keep my freind as manager and he is currently the key holder.
After much time role playing the situation with salt an pepper pots I think we managed to explain the what was happening to him*. One thing that was evident was that my friend wanted to open the pub, wanted to go to work and generally wanted to keep serving his customers.
This desire to keep a pub trading affects most of us that are in the licensed trade, every loss of a pub upsets us regardless of whether it is competition, its an industry that gets into your soul. The other thing that became apparent last night is that maths is not everybody’s specialist subject.
I gave up debating net versus gross profit because the fella just couldn’t see that at least 50% of his take was purchase cost and that’s without the complication of sales tax. The question that I have yet to answer is who is the daft one? Is it the man that doesn’t understand the maths but wants to do it or is it the likes of myself or Andrew who understand the numbers but plough on regardless?
*To anyone in the volunteer last night, the unexplained sneezing fit from our table was the result of my friend getting to close to the pubco as represented by the pepper pot