Are Your Vendors Paying Kickbacks Without Your Knowledge?
Every couple of years the issue of kickbacks surfaces in our local event planning community. A kickback is a fee paid by a vendor to another vendor or facility for the "privilege" of doing business with them. This is not yet a problem in the Boise area, but it is becoming increasingly common in other areas of the country and is beginning to rear its ugly head here. The Better Business Bureau considers the practice unethical and we agree. Here is how it works. A facility might offer an event planner or a caterer a kickback on the amount that you, the client, pays for the rental of a facility. This kickback is paid to encourage the planner or caterer to persuade you to choose one facility over another because the planner or caterer will personally benefit from your choice (without your knowledge, of course). Therefore, you might be encouraged to choose a facility that charges $2,000 over a facility that charges $1,500 because a portion of the $2,000 fee will be returned to y...