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One important aspect often overlooked in wedding planning is wedding insurance. While it may seem unnecessary to some, having wedding insurance can protect you from unforeseen situations that could disrupt or cancel your big day. All About WedSafe Wedsafe is a reputable provider specializing in wedding insurance.
Event insurance is necessary to shield hosts, planners, and venues from the financial losses resulting from these unforeseen circumstances. In this post, we’ll take a deeper look into the intricacies of event insurance, the key benefits, and recent advancements. Get started today!
Enter event insurance, which acts as a safety net to protect both your clients and your business. This article explores the different types of event insurance available, helping you understand how each policy can safeguard your clients and foster a secure environment for your business to thrive. Learn more today!
While exceptional service and stunning spaces continue to be essential to setting your business apart, there’s one often-overlooked factor that can give you a significant edge: event insurance. It demonstrates proactive risk management By offering or requiring event insurance, you showcase your commitment to risk management.
Are you currently planning an event but are not sure about whether you should get event insurance? Without further ado, let us begin with the basics: what is event insurance? What is Event Insurance? Event insurance is an umbrella term covering all kinds of insurance that provides liability coverage for an event.
Of course, these three qualities won’t amount to a hill of beans if they aren’t supported by a fourth element: having a process that accounts for the hundreds of details you will need to track and thousands of decisions you will need to make as you work towards and beyond your event date. Step 3 – Establish a realistic event budget.
Here are some tips to make the process easier: 1. While the process doesnt need to be overly formal, its important to feel confident that each vendor is the right fit to bring your dream wedding to life. What does your typical process look like when working with a couple? Can you provide a Certificate of Insurance (COI)?
My advice in the beginning of the process is to enjoy the little butterflies that form when you first get engaged, take in the happiness, and remember no matter where your wedding plans take you, it is not worth losing sleep or fighting with your loved ones.
I have 10 employees with compensation under $100K, and when I total up their salary, commissions, tips, paid leave, health insurance premiums, retirement benefits and state/local taxes over the last 12 months, I arrive at $500,000. Whew … so much for a “simple” process. And I have 3 employees that make $110,000 each.
Last year, they single handedly saved the Group Meetings process for their sales team at Pacific Life Insurance, increasing sales by an incredible 15%. We put in a streamlined process where all they need to do is submit a Meeting Request Form and our team takes care of the rest,” Lauren explains. Taking Events to the Next Level.
From missed payments and complex registration systems, most event organizers spend endless hours following outdated processes that can lead to missed details, lost ticket sales, and miscommunication between the vendors, volunteers, attendees, and other event participants. The good news? There is a better way!
These could include: Any payments you’re making on the building itself Taxes and insurance Utilities Maintenance costs Advertising Staff payroll Depending on the nature of your specific business, you may choose to rely more on word of mouth than spending a lot on advertising. (But But we’ll talk about that in more depth a little later).
In-House Caterers Only - Sometimes venues only allow you to use their in-house catering, be sure to ask that early on in the process. This means they have created a valuable relationship and choose not to deviate from the list due to liability, learning curves, rules, insurance requirements, and regulations.
And it helps you create and define the processes for your new business! You will need to determine the initial capital needed to cover startup costs, including office or event space, equipment, marketing, and insurance. Protecting your event planning business with adequate insurance coverage is essential for mitigating financial risk.
In fact, we often approach it much like we do insurance. Finally, if you decide to hire an event security company, you should ask them about their staff training procedures/certifications, prominent events they have worked, references and insurance as well as what level of advance work they will do.
I made this ebook as an educational tool to assist with the wedding planning process, not to take the place of a wedding planner. If the planner only starts on the day of the wedding, I personally suggest looking further into how this planner goes about their process. What is your process for recommending vendors?
From missed payments and complex registration systems, most event organizers spend endless hours following outdated processes that can lead to missed details, lost ticket sales, and miscommunication between the vendors, volunteers, attendees, and other event participants. The good news? There is a better way!
Building out your processes and internal operations ahead of time is critical to generating revenue as you prepare to open your new venue. 2 – Devising a business plan makes the process of launching an event space business vastly smoother. It’s part of the planning process to consider this.”.
The venue selection process gives priority to locations between Austin and Georgetown, considering Williamson County’s strategic position. Booking Process Steps The booking process for your ideal corporate event venues in Austin needs a well-laid-out approach. Local vendors can help reduce costs by 20%.
Department of Transportation (DOT) compliant and insured. Lime Media tries to discourage clients from buying its vehicle assets because of the storage, upkeep and insurance requirements, Hughes says, adding that repurposing is key. Still, the vehicles themselves offer a kind of bare-bones template to start the creative process over.
Business description : Here, you provide more detailed information about your business, including the specific products or services you offer and the operations process. On top of that, there’s a special Peerspace Host insurance policy to give you added peace of mind. The policy offers $1 million in liability insurance for hosts.
“Depending on where you live or where you're having your photos done, you can expect to pay anywhere from $400 – $1200+ for a professional, insured photographer for 1-4 hours,” adds Kathryn. Turnaround time for editing engagement photos tends to fall between two and six weeks. Ask and never assume!”
LIABILITY Protecting your business from unexpected risks is essential, and having the right insurance and legal safeguards in place can shield you from costly claims and liabilities. For example, if you are a photographer and a guest trips over your equipment and gets injured.
Tip: Include additional categories for insurance, hotel accommodations, or honeymoon expenses. Adjust and prioritize Throughout the planning process, set a recurring date to review your budget and ensure you’re staying on track. Feel free to add or customize categories to fit your unique wedding plans.
Keep in mind, if you are asymptomatic, COVID tests are typically not covered by insurance. We just pulled out the restrictions that we felt would have the greatest impact on your event and might carry the most weight in your decision making process. Not getting married in New England?
FYI – Planning Pod can help you operate with fewer staff and service workers by automating processes, creating timesaving workflows and streamlining communications. FYI – Having these automations in place means that you no longer have to train new staff on all the follow-through required with manual processes.
You are newly engaged and starting the wedding planning process. They are insured We exclusively work with licensed, insured vendors… and you should too. Congratulations!! If you have narrowed your destination wedding search to Central Oregon, you might be wondering if you need a wedding planner and when to hire one.
To add even more pressure, the event management software Andrea depended on was in the process of a buyout and transition as the full force of the pandemic hit the hospitality industry. How Clay Theatre streamlined processes to keep their business growing. Check out a full list of tools here. The kicker?
Your planner will be your guide and confidante throughout the planning process, and they will help you create the wedding of your dreams. Make sure the planner is licensed and insured. Choosing a wedding planner is one of the most important decisions you will make when planning your wedding. Read online reviews.
Wedding planners are typically booked early on in the wedding planning process OR if a couple has begun planning but find they need support to complete the wedding plan. If we run into any issues throughout the planning process, what level of advocacy can we expect from since we are booking a day of coordination package?
Create a simple spreadsheet or tracker that will help you stay on top of spending throughout the planning process. RESEARCH INSURANCE If this pandemic has taught us anything it’s that we must plan for the unexpected. Be clear form the beginning how much you have available to spend on the wedding including family contributions.
This ensures a smooth onboarding and working process. TLP’s templates offer peace of mind, sort of like insurance. You hope you never have to make an insurance claim, but you’re always relieved to have coverage. Stakes are high, and so are emotions. Having the right contracts and agreements in place is critical.
It saves you the hassle of negotiating with your host or dealing with surprise fees or insurance policies. Loved this space and Griffin was AMAZING to work with throughout the entire process. Most venues rent by the hour, with many spaces offering discounts for all-day rentals, and some even allowing you to book instantly online.
With countless options — from classic to contemporary, diamonds to sapphires, and price tags that vary widely — the process can feel a little daunting. How much does it cost to insure an engagement ring? The cost to insure an engagement ring typically falls between 1% and 2% of its value.
Collect insurance information from every vendor every time. Insurance is one of those things you don’t think about until you need it. Set up your systems and processes. Pricing and packaging your services. This way, clients won’t get stuck in the rain and blame it on the event venue.
In a nutshell, event planning is an effort (a process) of planning and managing all the logistics of an event. This is why each event planning process has its own nuances and challenges, as we will discuss below. The insurance can help you in refunding purchased tickets, among other potential issues. Event Planning: The Basics.
Please ensure your vehicle is insured for F-Roads before venturing on. Iceland wedding planning companies can help you do this and we suggest you hire a professional to help you through that process. Because the road is an F-Road, has river crossings and is deeply rutted with potholes.
If we run into any issues throughout the planning process, how will you advocate for us? Specifically- During the vendor selection process, will you provide options? The logistics- Do you have insurance to provide to a venue if necessary? How much access will I have to you throughout the planning period?
This approach is more common for wedding decorators who are providing all of the decor, are hired early in the planning process, and have been in the business for a very, very long time. Are you insured? Does the insurance cover all of your staff and property? that are not included in the package price? Are you licensed?
Perhaps you’re well into your venue research, and you want to simplify the process of narrowing down the mind-numbing number of venue options available to you. Security, permits, insurance, or deposit Are you throwing a big party or shindig with lots of VIPs? Well, that’s pretty much what we do here at Peerspace !
Choosing the right caterer for your wedding is a crucial step in the wedding planning process. health permits, liability insurance, etc.) We are a fully insured catering company and work out of a commercial kitchen that is licensed by the health department. What’s your process for coming up with a menu for couples?
Ensure adequate insurance. This individual will be at the helm of your event, ensuring that each part of the process aligns with your brand and objectives. Technical glitches can arise at any point during the event planning process or even during the event itself. Streamline the process. Guarantee technical support.
The brand set up several stations depicting each stage of the process, such as turning and lacing, and had its team of experts on hand to work through each one. Navy blue signage around the lounge thanked the military members for their service and promoted USAA’s “all-pro lineup” of insurance and banking products.
But do you know what to look for in their contracts that will protect you and insure you will have a vendor who can deliver on your wedding day? We have a great step by step process and we walk with our clients to determine what’s most important to them. A venue we love, Calamigos Ranch , has laid their process out clearly online!
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