Maintaining a Proactive Approach to Risk for Bars & Clubs
If you’re the owner or operator of a bar or club, there are a number of risks prevalent and a number of safety measures you would need to put in place to combat this. Some of these instances are unique to running a licensed premises, whilst others can be more prevalent in a bar or club compared to another business or a domestic setting.
Risks are constantly changing and evolving, so you should look to stay on top of risks and maintain a proactive approach to ensure you identify and manage these risks, but also that you’re both protected from the financial implications if these risks come to pass. So what should you be looking out for?
Fire Safety
When you’re operating a licensed premises, certain fire risks are more prevalent than others, meaning you have to stay vigilant to prevent fires in a range of different areas. In the three years of 2015, 2016 and 2017; 50% of fires in pubs were caused by cooking or smoking. Other common fire risks include electrical faults, flammable materials placed next to lighting, and arson.
Considering your venue will serve and store a considerable amount of flammable alcoholic liquids, it’s important to prevent fires from happening at the source, as the fire will not only damage your stock, but it can accelerate the flames and cause more damage too.
As you’re operating with the public, you should also have the correct measures in place to deal with a breakout of a fire. Having a functional alarm system, an evacuation policy and regular drills should all be part of your fire risk strategy.
Spiking
Unfortunately, spiking is something that can occur in a bar or club environment. However, there are steps you can take to reduce the risk of it happening on your premises and prevent the worst outcomes when it comes to drink spiking. Spiking will usually occur through adding a substance into someone’s drink or by injecting it. This could be through illegal drugs or even prescription drugs like sleeping tablets.
As a venue, keeping the public safe should be your number one priority. Therefore you should take steps to combat the risk of spiking taking place in your venue. Steps can include more thorough searches on entry, drink stoppers given out when serving drinks and training staff to spot the signs of spiking and informing them of the steps they need to take when someone has been spiked.
We are the right people for you
Lets work together
Financial Risks
Just like any business, your premises operate to make a profit. However, many new nightclubs don’t stand the test of time and can close only a few years after opening due to the lack of planning and sound financial management. Running a successful business means keeping an eye on the financial risks associated with the day-to-day operations, as well as any unexpected costs that might arise.
Financial risks can be mitigated by financial planning and forecasts, giving predictions about takings for days, weeks, months and quarters. You can also factor in any investment you wish to make in infrastructure as well as unexpected costs, such as emergency repair works, an increase in energy bills or key equipment breaking.
Client quote / testimonial is
Top reason to choose Company
Last year we provided over xxxx policies
We are a team of xxx experts here to support you
Insurance for Bars and Clubs
No bar or club is exactly the same, so why should your policy be? You can work with an experienced broker like [broker_name] who can work with you to find the most suitable policy for your bar or club, tailored to the risks that exist with your business, including the ones you’ve proactively identified. It means you can have cover in the right areas, and at the right level too.
