{"id":3990,"date":"2017-06-26T12:36:29","date_gmt":"2017-06-26T12:36:29","guid":{"rendered":"https:\/\/www.get-licensed.co.uk\/get-daily\/?p=3990"},"modified":"2025-05-16T13:02:17","modified_gmt":"2025-05-16T13:02:17","slug":"5-mistakes-new-pub-owners-must-avoid-to-survive","status":"publish","type":"post","link":"https:\/\/www.get-licensed.co.uk\/get-daily\/5-mistakes-new-pub-owners-must-avoid-to-survive\/","title":{"rendered":"5 Mistakes New Pub Owners Must Avoid To Survive"},"content":{"rendered":"

The UK is not short of pubs. If you want yours to survive, it\u2019s going to take a lot of dedication and innovation. While there are many customers ready to buy a pint from you, you may want to keep your wits about you when it comes to the competition. <\/strong><\/p>\n

Obtaining your personal license is easy enough, but making your pub work for you long term is a different matter altogether.<\/p>\n

It\u2019s easy to fall into the following five traps of complacency. Try to avoid these by staying proactive in running your pub.<\/p>\n

1. Leaving management to someone else<\/h3>\n

Buying a pub is a great way to invest your money in something that will pay you back over the years. It\u2019s the type of investment someone might make once they\u2019ve quit their day job. A business to prepare you for a comfortable retirement.<\/p>\n

What most people don\u2019t realise is that owning a pub can become a very stressful endeavour\u2014even more stressful than working for a boss. The main reason for this is because most people see it as a business that someone else can run, while you sit back and rake in the profits. This is a mistake.<\/p>\n

If you are investing in a pub, invest time in managing it for the first two years at least. No one has more of an invested interest in your pub than you do, which means no one will manage it as well as you will.<\/p>\n

2. Avoiding menial tasks<\/h3>\n

Since you\u2019re at your pub regularly, you may as well learn how to do everything. Yes, EVERYTHING. Don\u2019t shy away from doing tasks you felt were beneath you. If you expect others to do it\u2014and are able to do them yourself\u2014do them.<\/p>\n

An important leadership skill in business is being able to instruct with the absence of ignorance. As a manager, you\u2019ll have more authority telling others to perform tasks if you know how to do them yourself. Here are some tasks your staff should see you doing:<\/p>\n