Remove Banking Remove Food and Beverage Remove Negotiating Remove Venues
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Four Strategies for Minimizing F&B Expenses at Events 

ePly

Did you know that food and beverage (F&B) expenses are among the most significant expenses associated with any event? First and foremost, food and beverage are some of the most memorable aspects of any event. Negotiating is recommended and should be seen as a crucial aspect of your event planning strategy.

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Don’t Blow Up the Budget: How to Spend Less for More

SmartMeetings

Imagine a world where you can stay under budget while producing an event that looks as if it broke the bank. Food and beverage is an essential element of any gathering—and it is also one of the costliest. How to spend less without sacrificing quality. You may be surprised how down-to-earth their suggestions are.

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15+ Event Ideas to Help You Wow Attendees on a Budget

Social Tables

Luckily, as important as events are, they don’t have to break the bank. That’s because: Each element—from promotion and decoration to food and entertainment—becomes décor. As important as events are, they don’t have to break the bank. Food and drink lie at the core of a positive guest experience. Click To Tweet.

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Budget Financial Meetings: Doing More with Less

SmartMeetings

Overall, uniqueness and the “wow” experience were the most influential factors in planners’ selection of a venue for ancillary activities, according to the FICP’s fall survey. “As Keep in mind that negotiation doesn’t have to be about lowering the price if you can get additional services thrown into a deal. hours,” says Huggins.

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The Ultimate Event Strategy Guide 2023

Stova

They have the tools to enable teams of planners to negotiate rates on event costs, they can speed up venue sourcing processes and they provide visibility and analysis into event spend. They scheduled quarterly business reviews with their top 100 accounts to review the impact they have had on negotiated cost savings.

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Rethinking How You Work With Procurement

PCMA Convene

I know where my negotiation points are, and where I can bring expenses down to create more value for the company.’”. For meeting professionals who work hard at building relationships and excel at negotiation, requiring sign-off from a procurement team — or even having procurement run the RFP process — can be a hard pill to swallow.

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The Ultimate List of Conferences to Attend in 2023

Stova

July IAVM VenueConnect July 31 - August 3, 2023 – Philadelphia, PA The International Association of Venue Managers (IAVM) VenueConnect Conference and Trade Show provides targeted education and networking opportunities for venue management professionals, including arenas, convention centers, amphitheaters, stadiums, universities, and more.

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