Events Planning Business

The Expert to Tax Planning William Perez outlines the six forms of business organizations recognized within the U. by the IRS: Sole proprietor, C-Corporation, S-Corporation, Partnership, Trust and Non-profit organization. Event planning businesses should secure general liability and other forms of insurance to protect the business owner’s interests.Several forms of insurance exist, so it’s best to speak with an insurance advisor to learn all of the requirements.

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This could mean a solo freelancing business, or it could be an entire operation — with employees and even a brick-and-mortar location.

Event planners work with a variety of suppliers, including caterers, florists, photographers and more.

And although you may think that you can handle all tasks, ultimately you are going to need to establish an infrastructure of resources to support your events and overall operations.

What about communications services for event communications and more?

With services in mind, it’s important to determine your fee structure.

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