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Having been a national officer of my NPC group, on the housing side which is rife with risk management issues, I have to say that the lack of proper insurance coverage and interface with legal entities would be my biggest concern. How do you have events without liability insurance? Where do you get such coverage and at what cost? What about bonding for your officers? Who handles your income tax returns? Who filed your incorporation papers and maintains your corporate status with the state? How does your payroll get done? Who provides the W2s or 1099 to your employees? All those are off the top of my head. Sorry, too scary for me.
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