Canceled Contracts Are Becoming More Prevalent

We've received several reports from the SpeakerMatch community about contracts being canceled by meeting planners. Whether the conference itself gets canceled or the speaker budget gets cut, it's often the speaker who gets a raw deal. Be sure you have a contract which addresses this possibility!

Make sure that you have a solid, signed contract backing up the deal before you agree to firmly hold a date. A 50% deposit up front is customary. Be sure you have a standard contract ready which considers any penalties and other considerations that go into your cancellation policy.

Today, many airline tickets are nonrefundable and NON-CHANGEABLE, so also consider that when creating your cancellation policy. Travel insurance may make a lot of sense in the current environment.