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sensei8
KF Sensei
Joined: 23 Feb 2008
Posts: 16104
Location: Las Vegas, NV
Styles: Shindokan Saitou-ryu [Shuri-te/Okinawa-te based]
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 Posted: Thu Jul 17, 2014 7:30 pm Post subject: |
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Have you gotten the permission of the University to run a tournament on their property??
First thing is first, imho.
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guird
Orange Belt
Joined: 21 Jun 2013
Posts: 198
Styles: BJJ, MMA, Gongkwon Yusul
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| Posted: Fri Jul 18, 2014 10:30 am Post subject: |
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| ps1 wrote: |
I can only go based on what we do in the US. In the U.S., not having legal counsel on an event like that is the same as bringing all of your possessions and giving them to all the participants.
The legal counsel will write up all of your release forms and make sure everything you do is on the up and up. Probably $1000 worth of work. Divide that over 300 competitors, it's an additional $3.00 each person to ensure they can't successfully sue you.
You may be right about the insurance of the event location. They may have some of their own. But it could be limited or only cover certain things. Check with them to see what their requirements are for you to carry insurance.
The only other think I'd do is have an accountant (or tax professional of some sort) look over how you handle the revenue from the event.
I know you're thinking of it as a martial arts venture. But you really need to look at is from the perspective of a business venture. Even if you're not looking to make much out of it, you need to be sure you, and more importantly your family, are protected from liability. |
I'm really planning a very small event, I don't expect more than 20 people or so to be interested. My university is pretty small, and in my experience only a small percentage of people are interested in martial arts competitons. |
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guird
Orange Belt
Joined: 21 Jun 2013
Posts: 198
Styles: BJJ, MMA, Gongkwon Yusul
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| Posted: Fri Jul 18, 2014 10:33 am Post subject: |
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| sensei8 wrote: |
Have you gotten the permission of the University to run a tournament on their property??
First thing is first, imho.
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It isn't going to be on university property, I intend to rent a space at the nearby sports centre. when I say 'for my university' I mean that I'm only going to promote, advertise, and poll for interest within the community of my university. I really just want a very casual tournament, ideally suitable for people with varying levels of experience. |
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ps1
Black Belt
Joined: 09 Nov 2004
Posts: 3025
Location: NE Ohio
Styles: Chuan Fa, Shotokan, JJJ, BJJ
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| Posted: Fri Jul 18, 2014 1:05 pm Post subject: |
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| guird wrote: |
| ps1 wrote: |
I can only go based on what we do in the US. In the U.S., not having legal counsel on an event like that is the same as bringing all of your possessions and giving them to all the participants.
The legal counsel will write up all of your release forms and make sure everything you do is on the up and up. Probably $1000 worth of work. Divide that over 300 competitors, it's an additional $3.00 each person to ensure they can't successfully sue you.
You may be right about the insurance of the event location. They may have some of their own. But it could be limited or only cover certain things. Check with them to see what their requirements are for you to carry insurance.
The only other think I'd do is have an accountant (or tax professional of some sort) look over how you handle the revenue from the event.
I know you're thinking of it as a martial arts venture. But you really need to look at is from the perspective of a business venture. Even if you're not looking to make much out of it, you need to be sure you, and more importantly your family, are protected from liability. |
I'm really planning a very small event, I don't expect more than 20 people or so to be interested. My university is pretty small, and in my experience only a small percentage of people are interested in martial arts competitons. |
My business is small when you compare it to Microsoft. A single person can destroy your entire life. Again, I don't know ANYTHING about rules and laws where you are. In the U.S., doing even a small tourney without proper consultation would be foolhardy at best. If you're taking money for service (They pay to compete), it's a business and should be treated as such.
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"It is impossible to make anything foolproof because fools are so ingenius." |
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sensei8
KF Sensei
Joined: 23 Feb 2008
Posts: 16104
Location: Las Vegas, NV
Styles: Shindokan Saitou-ryu [Shuri-te/Okinawa-te based]
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| Posted: Sun Jul 20, 2014 12:07 pm Post subject: |
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| guird wrote: |
| sensei8 wrote: |
Have you gotten the permission of the University to run a tournament on their property??
First thing is first, imho.
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It isn't going to be on university property, I intend to rent a space at the nearby sports centre. when I say 'for my university' I mean that I'm only going to promote, advertise, and poll for interest within the community of my university. I really just want a very casual tournament, ideally suitable for people with varying levels of experience. |
I see, my bad...sorry!
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sensei8
KF Sensei
Joined: 23 Feb 2008
Posts: 16104
Location: Las Vegas, NV
Styles: Shindokan Saitou-ryu [Shuri-te/Okinawa-te based]
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| Posted: Sun Jul 20, 2014 12:12 pm Post subject: |
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| Also, is it neccessary to get sanctions from governing organisations to host a small, non-commercial event like this? |
I don't think it's necessary because of it being a free-market. However, to use a governing organizations "brand", will require a letter of approval from them, and this letter must be filed accordingly and appropriately.
EDIT: Spelled "filed" incorrectly: "filled"...I'm a dork!!
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**Proof is on the floor!!!
Last edited by sensei8 on Sun Jul 20, 2014 7:25 pm; edited 1 time in total |
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guird
Orange Belt
Joined: 21 Jun 2013
Posts: 198
Styles: BJJ, MMA, Gongkwon Yusul
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| Posted: Sun Jul 20, 2014 3:57 pm Post subject: |
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| sensei8 wrote: |
| Quote: |
| Also, is it neccessary to get sanctions from governing organisations to host a small, non-commercial event like this? |
I don't think it's necessary because of it being a free-market. However, to use a governing organizations "brand", will require a letter of approval from them, and this letter must be filled accordingly and appropriately.
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ah, ok. thanks |
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