Why Risk Management Is Crucial for Venue Owners | Justin Sutton

Season 6Legal
Written By Jonathan Aymin

In this week's episode of The Venue Rx Podcast, our host Jonathan Aymin sits down with Justin Sutton from Nuptial to discuss the importance of risk management for venue owners. He highlights the need to protect the business and its assets, and the potential consequences of not doing so. Justin explains how his company helps venue owners address their concerns and mitigate risks related to their business structure, working with others, insurance contracts, and more. He also discusses the specific risks that venue owners may overlook, such as contractual obligations and alcohol service. Justin emphasizes the significance of equipping venue owners with the right tools and knowledge to handle risk effectively.

About Our Guest:

Justin founded Nuptial to be a bridge between venue owners, vendors, attorneys, accountants, insurance brokers, and other professionals. It wasn’t possible, or even practical, to get all of those people in the room together and discuss an owner’s goals.

There he found the challenge. If there were a group of people who knew, at a high level, how to discern what a venue needed and how to walk an owner through the questions to ask of all of the people above, the right answers would fall in line as they should.

This approach starts from the bottom, with the nuts and bolts of what you do. Then we determine how relationships, both internal and external, should be founded. When you’re entering and exiting these relationships tens or even hundreds of times a year, it is, without question, fundamentally important to get right every time.

Find Him Here:

If you are a new or existing venue owner and want a professional team to operate and manage your venue business click here!

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Jonathan Aymin
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An Innovative Solution For Finding & Booking A Wedding Venue | Jeff and Jesse Pavalone