The Jubilee is nearly upon us – and across the country businesses are bracing themselves for an unusual weekend.
Regardless of the nature of your business, the bank holiday weekend is likely to have some impact on you and your organisation. It’s only two days away – but there are still some last-minute preparations that you can make in order to make the most of the Jubilee.
1. Check your local events
It is likely that there will be events occurring over the weekend and throughout the bank holiday period. As a business owner it is important that you know what is going on in your area, and that you make plans to mitigate the negative impacts and maximise the potential benefits. For example, if there are public events happening near your premises, you might consider handing out samples or flyers.
2. Prepare for changes in footfall
If yours is a customer-facing business, the Jubilee is likely to cause significant changes in footfall. Retailers in particular need to be prepared for fluctuations – but the nature of your business will determine whether you are likely to see more customers or fewer. Pubs and restaurants, for example, can almost certainly expect a busy few days. Others, however, might expect to see their footfall drop. If you think this applies to you, you should make sure that you have factored the changes into your financial projections.
3. Understand employment law
If you are an employer it is important that you understand your rights and responsibilities with regard to bank holidays. In the first instance you should consider your employees’ contracts. It is common for employees to be contractually entitled to paid time off over bank holidays. There is not, however, a general legal obligation to give paid time off. On the other hand, if employees have been given bank holidays off over an extended period, this may be considered to have become an implied part of their contract. More information on bank holidays is available from BusinessLink.
4. Think about travel
The government has advised against non-essential travel in central London over the Jubilee weekend. But the travel implications extend across the country, and businesses need to be prepared for difficulties. You should make contingencies to ensure that your business will be able to continue to run in the event that you or your staff are late or cannot get to work. This might involve taking on extra cover, or changing your opening hours.
5. Remember it’s a short week!
Finally, remember that with two bank holidays next week is likely to be busy! If you won’t be working on Monday and Tuesday, think about prioritising the tasks that need to be completed before the weekend, or during next week. You might also like to read our roundup of productivity tips and tools to help you make the most of the working days.