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When you hear the word private, what is the first thing that comes to mind? You would immediately think of something that is not shared throughout the public eye. Something that is kept hidden and only meant for a single person or a specific person or a specific group of people. Anything that is considered private one would think of only the most important people are allowed to seek it. If you add the word events, you would also think of parties, concerts, special comings and goings. So if you mix these two words together you would get a whole new meaning to it. Private events make you think of lavish parties where the rich and famous or those who are into the whole private and less people type of events. However, if you think this is an easy way to get it, you have to go through a lot of paperwork and for event coordinators, this is the best deal they can give. This means that if you are planning on doing business with event coordinators, the one thing that a client should ask is a contract. How do you write it, you ask? Check out the article below.
A private event contract is a kind of document that serves as an agreement between two or more parties. This is the type of agreement contract that is often given by the event coordinator to explain, define and to show the necessary information that their clients may want to know about. The use of this event contract is to show the client the pricing for each of the resources that they may need for the event and the rules that they need to abide when it comes to the event in question. In addition to that, a private event contract can also be used as a way to remind the client of the deal that both parties had made before signing the document. So basically, a private event contract’s purpose is to give an outline of what the client may want in the said event, to show the pricing and the location and the number of people allowed in their event.
Are you an event coordinator who is told to write or to make a private event contract? You may also be a client who is in search of a good private event contract. Whether you are curious as to what it may look like or you are a coordinator looking for the right private event contract, you are in luck. Here are some tips for you to get you started with writing a private event contract.
List down all the services you provide in your business, basically this also means that the prices list must be included. When you explain the services you provide, make sure to use general terms to make it easier for your clients to understand. Never add a service that you do not provide in order to avoid any issues with your clients.
Another thing to place in your contract is the schedule of the event. This is important as your client should also have a copy of every single detail found in the contract. To be able to know the schedule of the event, it must also be placed and upon agreement from both parties. The reason for this is to avoid any misunderstanding and any misinterpreted dates that may cross with other clients.
Payment details are also an important factor for the contract. You and your client must have agreed upon when the down payments should be made, the quarter payments or the full payment. Each payment must also be placed with their dates as to not have to pay twice or more than what is necessary.
In case of any cancellation of the contract, it must also be stated as to what your business or your agreement would be. This is also necessary so that in the case of your client cancelling the agreement, that the agreement should be stated if payment should be made or refunded. Especially if the cancellation is made within a few weeks or months before the actual event.
Last but not the least, the signature of all parties should at least be present in the contract. Your client must of course know and read the fine print before signing the agreement. As this agreement contract is legally binding, discussing and questioning from your clients’ part is normal. Explain as much as possible about the contract and if there are no other questions, you must let your clients sign the contract. Letting them know that once they do sign, they are fully aware of how the contract works.
The contract is necessary when you are dealing with business that involves two or more clients. This is to make sure that all parties have understood the contract and its contents.
Depending on the agreement and the contents, most of the time the clients are warned that there would be consequences if one of the parties breaks the contract.
There are others who prefer a lawyer present while there are others who do not. Depending on how the client may want it, a lawyer does not always have to be present during the signing of the contract.
This is the end of the article. When it comes to contracts, one must always be careful when dealing with them. Not only is a contract legally binding, it is also necessary to get all your information and facts straight before signing.