How can you reduce the risk of vendor contract liabilities when working with subcontractors?
If you are an event planner, you probably work with various subcontractors to deliver your services to your clients. Subcontractors are independent vendors who provide specific tasks or products for your event, such as catering, entertainment, photography, or transportation. However, working with subcontractors also exposes you to potential risks and liabilities if they fail to meet their contractual obligations or cause any damage or injury. How can you reduce the risk of vendor contract liabilities when working with subcontractors? Here are some tips to help you protect yourself and your business.