1. General Liability Insurance: This kind of insurance covers you in case you are held liable for someone else’s injuries or property damage as a result of your commercial endeavors. For instance, general liability insurance would pay for the visitor’s medical expenses and any legal costs if they choose to file a lawsuit if they fall over a piece of equipment that you left out.
2. Professional Liability Insurance: Also referred to as errors and omissions insurance, this sort of insurance shields you from claims that you made a mistake or failed to deliver the services you promised to a client. For instance, professional liability insurance would pay for any losses if a vendor doesn’t show up on the wedding day and it’s your duty to make sure they do.
4. Workers’ Compensation Insurance: In the majority of states, you must obtain workers’ compensation insurance if you have employees. If a worker is hurt at work, it offers coverage for medical costs and lost pay. What Services Do Wedding Planners Provide?
Wedding planners handle a variety of duties before and on the big day. Typical services provided by a wedding planner include the following: (1) Site selection and coordination (2) Vendor coordination and management (3) Budget administration (4) Contract review and negotiation (5) Timeline development and management (6) Day-of support
Yes, organizing weddings can be a successful career. The Bureau of Labor Statistics reports that in May 2020, the median yearly salary for event planners was $50,600. However, how much money you make will depend on your background, where you live, and the kind of events you organize. Where Do Wedding Coordinators Earn the Most Cash?
Larger cities typically pay their wedding planners more than smaller communities do. The top 10% of event planners, according to the Bureau of Labor Statistics, earn more than $85,360 annually. Generally speaking, high-end events or destination weddings may also allow wedding planners to charge more. How Can I Promote Myself as a Wedding Planner? A solid internet presence is one of the finest methods to market oneself as a wedding planner. Making a website and social media accounts to communicate with potential clients and display your work are part of this process. To establish your reputation and receive recommendations, you should network with other wedding industry experts in your community, such as photographers, caterers, and florists. Finally, think about providing discounts or exclusive promotions to draw in new customers and expand your clientele.