HTT 607 Lecture Notes - Lecture 9: Cirque Du Soleil, Fairmont Royal York, Ocad University
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Clarify/remove from the contract: protect your client, ensure there"s no hidden fees ex. Av equipment and power: read the fine prints, contracts can say whatever you want. Ensure you understand how they view your business. Protect your client: balance the contract, reword contract to make it fair, remove the grey from your contract. Upon signing to 1 month prior to established date. 1 week to 1 month prior to established date. If they"re able to resell the space, my profit should be < what you"re receiving from the other client: The venue shall undertake all reasonable efforts to sell cancelled rooms and meeting/function space and will credit those revenues against projected revenue in an amount not to exceed the full amount of such damages. Ex. owe them ,000 and they get an event rental for ,000; you as the person that cancelled doesn"t need to pay anything.