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Armstrong l portfolioproject
- 1. Steele Events, LLC. Lauren Armstrong
- 2. Steele Events, LLC. • Premier Event Planning Company • Event Center located in Monterey, CA • Personal service with small- knit group of planners • Weddings, music events, corporate parties, in-house events for clientele, pop-up bar/restaurant nights, milestone events and birthday parties
- 3. Start Up • Draft business plan • Network & create website • Mission statement • Investors • Market research • Find and meet with a lawyer
- 4. Benefits of LLC. • Ownership Flexibility • Management Structure Flexibility • Pass-through Taxation • Limited Personal Liability • Protected assets
- 5. Licenses • Business License • Liquor License • Food License • Event Planning Certification - Optional but beneficial
- 6. Insurance • Building Insurance • Events, Planning & Organization Insurance • Professional Liability/Indemnity insurance (more commonly known as Errors and Omissions)
- 7. Event Contract • Scope of Services • Cancellation Terms • Payment Schedule • Indemnification Clause • Termination Clause
- 8. Invest in Steele! • Currently in search of an INVESTOR! Will make 20% of profits. • GRAND TOTAL $17,500 • Rent $2,000 • Equipment $5,000 • Licenses & Taxes $500 • Communications $200 • Payroll $4,000 • Advertising & Promo $2,000 • Legal Fees & Accounting $1,300 • Insurance $1,000 • Miscellaneous $1,500