I: iii) Security and insurance 

For safety and to reduce internal and external, theft, it may be advisable to fit:

• Tills
• Safes
• CCTV (Closed Circuit Television)
• Administrative Procedures, Checks & Audits
• Cash/Cheque control & transfer procedures
• Stocktaking
• Safety/Night lighting
• Alarms/Panic Buttons
• Internal/External Lighting
• Barriers/Shutters
• Bollards

You will require the following essential basic insurance, at least:

• Public liability insurance
• Third party liability insurance
• Employee liability insurance.

You may also require thsese too: 

• Building insurance
• Fixtures and fittings insurance
• Stock/goods insurance

You may want to consider the following insurances, for yourself and certain employees:

• Critical life/life insurance
• Key person insurance 
• Private medical insurance  
• Employment tribunals
• Tax and VAT Investigations

From a personal perpective it is important that you have made a will. The absence of a will could result in a finacial outcome that could be both costly and problematic for your business.