BARTENDER JOURNEY WITH BRIAN WEBER
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Bonus "Holiday Track" : Raw audio from the Meehan Bartender's Manual Book Launch Event at New York Distilling and Co.
bjp236_meehansbartendermanual.mp3
File Size: 85079 kb
File Type: mp3
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Thinking of Owning a Bar or Restaurant? Remember to Think About What You Need for Insurance
Guest Post from Embroker*
 
When planning the layout of a bar or restaurant owners are like creative artists. They combine different elements into something unique and memorable that many people find irresistibly attractive. Moreover, they work to establish a comfortable environment where people feel welcome. Insurance for your bar or restaurant is usually the last thing on your mind, but after all, even artists must pay the bills. So, some good guidelines are critical.
When it comes to insurance for restaurants, bars, private clubs, and other such establishments, workers’ compensation, business property insurance, and general liability insurance are absolutely essential.

Workers’ Compensation
In September 2016, the Oklahoma Supreme Court ruled that the state’s opt-out provision was unconstitutional. The case dealt a serious blow to the nascent opt-out movement, which began in Texas, but despite the efforts of lobbyists, has yet to spread beyond the Lone Star State. So, it looks like workers’ compensation insurance is here to stay, at least for the foreseeable future.
Workers’ Compensation insurance provides no-fault benefits to injured workers; these benefits cover direct economic losses, such as medical bills and lost wages. While the no-fault aspect is sometimes hard for business owners to swallow, the upside is that injured workers cannot sue for negligence in civil court.
Rules and rates vary significantly by jurisdiction, as workers’ comp is basically a state-run insurance program that has various coverages, exclusions, and procedures.

General Liability Insurance
Dram shop laws vary significantly by state as well, but a majority of jurisdictions still allow personal injury plaintiffs in car accidents, barroom assaults, and other such incidents to sue the bar or restaurant that provided the alcohol, at least in some cases. Due to the continued popularity of these lawsuits among plaintiffs’ attorneys — largely due to the supposed deep pockets of business owners — general liability restaurant insurance may be the only thing that prevents bankruptcy if a lawsuit is filed.
GL insurance pays for not only lawsuit settlement costs, but also for an attorney to defend the bar/restaurant in court. In this way, an insurance policy is a deterrent to such actions, because many lawyers will think twice before taking on an aggressive and well-established insurance defense law firm.

Business Property Insurance
Business Property Insurance covers both the building itself, as well as the inventory, furniture, fixtures, and other items inside the building, against fires, floods, break-ins, and other unexpected situations.  There are basically two kinds of BPI policies:
  • Replacement Cost (RC) insurance, which pays whatever is necessary to replace whatever is lost, and
  • Actual Cash Value (ACV) policies that take depreciation into account.
ACV insurance premiums are usually lower, although restaurant insurance costs largely depend on the business’s Experience Modification Rates (XMod), which is essentially the insurance company’s way of comparing comparable businesses.
There are many other factors involved in a comprehensive bar insurance policy, and an experienced broker  experienced broker can help you sort them out with a minimal investment of your time.

For more information about this, you can contact William Ferree, Northeast contact for Embroker. 

*This guest article contains information and external links maintained by the Embroker organization and are provided for the user’s convenience.  Bartender Journey does not control or guarantee the accuracy, relevance, timeliness or completeness of this information and it is not intended as an endorsement by Bartender Journey, Full Throttle Productions or Whiskey with Me, LLC. 

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  • A Bar Above.  A great online Bartending course from Chris Tunstall.  Take your cocktails to the next level!
BevSpot Beverage Management has lots of great tools and articles on their resource page.
  • USA Bartending Licensing Requirements from Bartending License Help

Suggested Reading:
The Bar Book: Elements of Cocktail Technique
~Author Jeffrey Morgenthaler  interviewed in Podcast #113


The Kings County Distillery Guide to Urban Moonshining - How to Make and Drink Whiskey
~Co-author Colin Spoelman interviewed in Podcast #115

Bourbon Empire:  The Past and Future of America's Whiskey
~Author Reid Mitenbuler interviewed in
Podcast #114

  • The Craft of the Cocktail by Dale DeGroff
  • The PDT Cocktail Book by Jim Meehan
  • Bitters and Shrubs by Warren Bobrow
  • Whiskey Cocktails by Warren Bobrow
  • The Speakeasy: The Employees Only Guide to Classic Cocktails Reimagined by Jason Kosmas  and Dushan Zaric

Tools for making Clear Ice:
On Bartender Journey Podcast Number 112 we talked to Camper English about, among other things, making Clear Ice. Here are some of the tools that I use to do it:
  • Small cooler, (fill about 1/3 with water and put in freezer with top open).
  • Jeweler's Hammer
  • Ice Picks - one Single Prong and one Six Prong.





Your Bartender Journey™ Series!
As part of expanding our resources to help you on your own Bartender Journey
™, we will begin to create our own library of resources. 
  • Let's Get Personal; Branding for Bartenders is designed to accompany Podcast 192. 
  • ​Upcoming: What Color is Your Garnish?  Career planning and Resume Work for Bartenders​

    Send me the Personal Branding for Bartenders PDF and add me to the resource update list for Bartender Journey

Submit
Documentary: Hey Bartender.  Available for download on iTunes.
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  • Podcast
  • About
  • Contact
  • Testimonials
  • Subscribe
  • Blog
  • Drinks
  • TipCup
  • Get Involved!
  • Tastings
  • Events
    • Past Events (2017)
    • Past Events (2016)
  • Competitions
  • Resources
    • Bar Institute NYC 2017
  • Tale of Tales
  • nominate