Liabilities are the debts and obligations that a company is liable to pay. If the expenses are not paid on time, they become a liability. When a festival company hosts or promotes a festival or event. They must make tremendous purchases, rent out equipment, pay artists, and pay for the workforce. …
6 Laws Dispensaries In Oklahoma Should Know
Four years after Oklahoma legalized medical marijuana, the state is flooded with various marijuana retail shops. The city leads the country in per-capita dispensaries in medical cannabis states, with 56 dispensaries per 100,000 residents. And 1 in 13 adults in Oklahoma carries a patient …
Who Should Get Annual Production Insurance?
As a filmmaker, it is nearly impossible to cover all the shortcomings and possible liability issues that arise on the shoot. Operating a successful film set is not easy. There are tens of moving parts, and unfortunate events can occur in the blink of an eye, regardless of the production size. …
6 Cannabis Compliance Risks to Avoid
In recent years, cannabis has come out of the shadows, with many States decriminalizing its use and reselling. However, it does not mean your cannabis business cannot be harmed. Cannabis is classified as a "schedule 1 drug" by the federal government. Thus, to run a successful cannabis business, …
Managing Risks With Festival Insurance
Recent estimates put the number of annual festival-goers in the United States at 32 million. That's just the music festivals. You can see how that number rises dramatically when you add in all the other types of festivals that happen every year, such as religious, food, film, and arts festivals. …
Short-Term Production Insurance And Why You Need It
When you commit to a film, TV series, commercial, or other project, you must protect your performers, crew, film location, equipment, props, and clothing from entertainment industry liabilities. It is essential to get enough insurance to protect your assets. Short-term production insurance can …