Running a business requires a very careful balance of inflow and outflow to ensure you maintain your profit margins and remain sustainable. One poor decision can impact your bottom line, so it’s essential to be mindful of revenue coming in and expenses going out at any given time.

However, when business is in a constant state of go-go-go, it can be hard to take time out to run the numbers and look for gaps and inefficiencies that are costing you hard-earned money.

We’ve outlined five key mistakes caterers make that reduce their profit margins so you can know what to avoid.