![]() Unfortunately, there’s a chance you may be held responsible for any destructive, inebriated guests or your client who ignores safety regulations. However, things could spiral out of control under your watch. ![]() Your job is to plan a successful event and arrange all the details on a timeline. ![]() Plain and simple – you need to be protected from actions that are out of your control. Terminating an event with an unpredictable client can save your business in the long run! 4. This policy should only allow you to pull out of an event when there’s evidence of negligent or reckless behavior. After all, nobody likes someone who quits when the going gets tough! But slight disagreements aren’t enough reason to invoke this clause. You may believe that invoking a termination clause could lead to a bad reputation for your business. Say your client turns out to be a daredevil or is frivolous with money – you don’t want to be caught up in their mess. It’s a bit different from a cancellation policy in terms of why you would invoke it. Similarly, you’ll also want to include a termination policy in your contract. Rather than dealing with an inane client who doesn’t get that the show can’t go on, invoke this clause and leave it at that until further notice. If things don’t go according to plan and you or your client needs to cancel the event, you’ll be lost without this clause! Sometimes, circumstances warrant a cancellation and there’s nothing you can do about it. This will ensure you have enough funds to start planning the event! 2. While you’re at it, outline the terms of your deposit policy. If your client refuses to pay you back or simply runs out of money, your business will be left with the debt! Remember that you should never pay on behalf of your client with the expectation that they’ll pay you back. With your vendors or event venues, negotiate payment plans with them, too. Work with your clients to decide on dates and amounts for each payment. Be proactive with how you handle budgeting and finances and get signed consent for any decisions you broker between your client and vendor. ![]() Any new purchases, with receipts, should also be carefully organized and documented in your financial documents. It should outline the change in pricing, the reason for the change, and the date. If, for example, there are changes to the dessert menu for a wedding, ensure you draft an amendment for your client to sign. Include the agreed upon pricing structure, taking care to explicitly state any surcharges that may be incurred. The only way to avoid any confusion or misunderstanding is to outline everything in the contract.We don’t like to think about it, but there are people out there who will try to take advantage of your services when given the chance. Payment disputes can, and probably will, happen at some point in your career. And please have a lawyer look them over! 1. So before you walk into your next consultation, include these 8 clauses in your contract. We’re not fond of cliches, but this one needs to be said: Always expect the unexpected! To ensure your budding career isn’t stifled before it comes into its own, you’ll need to design strong contracts with your clients, vendors, and suppliers! Sometimes an event is cancelled due to a force majeure! You can’t predict what exactly will go wrong, but you can protect yourself right at the get-go from anything that comes your way. It won’t always be a matter of non-payment, wrong-doing, or client dissatisfaction that could affect your paycheck, though. Your business won’t survive financially through a lawsuit, and your reputation will be shattered by a scathing online review! While you can (and should) always try your best to ensure your clients are satisfied, sometimes things won’t go according to plan. Even the best certified event planners can fall victim to a lawsuit. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |