Insights and tips on how to protect your adventure sports business, giving you and your guests peace of mind.
Selecting the right structure for your outfitter business is important. As an owner, you may be trying to determine the right business framework for you — likely either a sole proprietorship or limited liability company (LLC). For many adventure sport owners, minimizing risk is top of mind, and an LLC is a way to gain added protection in addition to insurance.
Adventure sports workers have a high risk for injuries while in the field. Your employees day-to-day in the office is nothing compared to those who work “desk jobs”. Protection for your team and strong insurance coverage that offers workers’ compensation is a necessity.
When insuring your outfitter and guides business, you have probably had questions regarding 1099 guides. Oftentimes, 1099 paperwork can be difficult to understand and extremely complex. It’s always best to consult with an attorney and accountant before structuring your staff and how to handle workers’ compensation laws.