News & Articles - contracts

  • Steps For Successful Sponsorships

      Sponsorships are a great way to raise funds for revenue generating events, however, the process of seeking and securing sponsorships can be time consuming and incredibly challenging. Not only do you need to sharpen your skills in sales, but you also need to confidently pitch your event with all the necessary details. Whether your event is taking place virtually or in-person, there are numerous possibilities for brand exposure, audience interaction, activations and so much more. So, what can you…

    Event Branding & Marketing, Event Operations

  • Will Contract Complacency Set in Again?

      by Heather Reid As an entrepreneurial event planner since 1994, I’ve been through the September 11, 2001 terrorist attacks, the SARS outbreak in 2003-2004 and the Great Recession of 2007-2008.  After each of these crises, there was a palpable buzz in the industry about the importance of event contracts and balanced contract clauses, and yet each time, that buzz quickly took a “backseat” to the plethora of planners’ more pressing responsibilities. Now that we are all emerging from the…

    Event Operations

  • Tips For Contracts and RFPs During COVID

      by Shannon Byck and Joe Nishi Over the last two years, the business events industry has been incredibly impacted by meeting cancellations and “lifting and shifting” of groups. From a contract perspective, we have had to quickly incorporate addendums and revisions to contracts that allowed for updated Force Majeure, flexible deposit, attrition and cancellation schedules and a huge amount of goodwill and relationship capital has been spent working through all of this. What should not be overlooked is the…

    Event Budgeting, Event Operations

  • contract

    How Contracts and Negotiations have Changed with COVID-19

    The events industry was among the first sectors hit by the pandemic and will be one of the last to recover, forcing many event professionals to cancel or postpone scheduled events. In the process, it has raised questions (and concern) around contracts and ensuing obligations. Here, Heather Reid, founder and CEO of Planner Protect, an Ontario-based contract review agency that negotiates event contracts for organizations and those hosting events, fields Corporate Meetings Network’s questions on this all-too important topic during…

    Contingency/Disaster Planning

  • meeting event

    CMEExpo Launches Free Webinar Series for Meeting, Event Professionals

    The largest and longest running trade show and conference for meeting and event professionals has launched a brand-new virtual learning program. Called Speaker Series, the webinars will feature exclusive interviews with top industry leaders and experts about topics that matter most to attendees. “Our live event is known for its gold star education. To be able to deliver the same level of content through webinars will allow us to inspire our community of meeting professionals in a new way,” says…

    Breaking News

  • Steps to Protect Yourself if an Event is Cancelled

    Many events have been affected by the COVID-19 pandemic, resulting in cancellations. Some vendors have returned deposits while others have agreed to hold them as a credit toward rescheduled events. Then there are those who have refused refunds or credits altogether. Why the difference? It often comes down to the terms included in your contract. With uncertainty around the outbreak and, consequently, when in-person events may take place, it’s important to review the cancellation policy to avoid a penalty. Also,…

    Meeting Community, The Business of Meetings

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