​We are fortunate to have Sylvia join our team, expanding the Bizpal Find presence into the Victorian market.

Welcome to the team Sylvia!

Mistakes we often see:

• The Business owner buys from Auction.
  This can mean that the quality of the equipment is unknown. When a vital piece of equipment breaks down during a busy period the impact on the business can be significant. Saving a couple of dollars when purchasing a second-hand piece of equipment may end up costing you more in revenue and service costs.
• Not taking climate into consideration, in particular with refrigeration.
  Unfortunately, sometimes a customer will purchase a cheaper brand not taking into account the summer tropical months, resulting in loss of food etc.
• Using their own capital.
  Spending valuable working capital on deprecating assets (equipment) in a business may not be the best use of capital. Reserving working capital for seasonal business trends, and marketing to get more revenue can be a better option. This is critical for a new business that may take time to grow their customer base.
• Buying the cheapest.
  The old saying of “you get what you pay for” often applies. As an example, a hotplate or oven that does not maintain a consistent temperature ends up impacting food quality and also your operational costs.

 
Solutions:

• Used Equipment.
  Buy what you know. If the seller can provide you some assurances (such as a warranty or proof of servicing), buying Used equipment can work well.
• Budget.
  Hospitality Funding options are available and worth considering. This ensures that you don’t sacrifice quality.
• Consider and compare all of your options.

 
For more information give us a  call on 1800 011 981, we supply Certified Used Equipment (with warranties) and New Equipment.
 
Hospitality funding solutions are also available through our partner business Bizpal Services. 

Stephanie Richter
​Marketing Co-ordinator

​Bizpal have been working with new and existing Hospitality Businesses for many years. In this time, we've noticed the following common traits of successful Hospitality businesses that grow in size and profits:

​Business plans.
Most successful hospitality businesses have been using business plans from the beginning, detailing their vision and forecasts on both revenue and operating costs. They use these plans like a road map and calibrate regularly on their journey.