Fire Risk Assessments are a legal requirement in the United Kingdom for all non-domestic properties, as part of the Regulatory Reform (Fire Safety) Order 2005. Safety and health pros everywhere benefit from conducting fire risk assessments, though.
They involve identifying all the fire risks present within your environment, as well as people who may be particularly at risk, and then implementing measures which remove or reduce these risks as far as possible. You must also comprehensively plan what you would do in the event of a fire, informing and training staff as necessary.