QC Event School

FEBRUARY 23, 2023

As an event planner, your contract is one of the most important documents in your business. Writing a solid event planning contract helps ensure that everyone involved understands their roles and responsibilities, as well as what they can expect from the event itself. So, let’s get started!

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Event Industry News

OCTOBER 12, 2021

Alliance Nationwide Exposition , The Hotel Show Pros, offers the “Risk Free Contract,” accommodating event cancellations at any time, free of fees. economy, so the Risk Free Contract is a solution we can all get behind.”. The “Risk Free Contract” will be available to all future events without exception.

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Contracts Hotels Financial Event Planning 67

Velvet Chainsaw

APRIL 13, 2020

The previous low for occupancy was during the financial crisis in 2009 when occupancy was 55 percent. However, from past experience, any time that there has been a shift from a seller’s to a buyer’s market, those contracts signed during a seller’s market just flat out had to be updated. From Recovery to Reform. Remove Barriers.

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Social Tables

AUGUST 3, 2017

In any type of contract work, miscommunication can arise between the contractor and client. You need a written contract to outline the terms and conditions of your service. A contract will be the go-to source in the event of a dispute. So be sure to always include these features in your event planning contract.

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Contracts Event Planning Government Financial 115

SmartMeetings

OCTOBER 28, 2020

The financial and insurance industry is based on relationships, and the more you can engage your clients, the more you can strengthen the relationship. Alternative plans covered in the contract also need to include the possibility that a group may outgrow a venue if social-distancing guidelines make the space unworkable.

Insurance 85

Insurance Financial Meetings Food and Beverage 85

SmartMeetings

APRIL 3, 2020

Meetings in the financial and insurance sector require outside-the-box thinking. The economy was humming along before the coronavirus hit, but even then the majority of meeting planners in the financial and insurance industries were keeping their budgets in neutral. Financial and insurance meetings in the U.S.

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Financial Insurance Meetings Food and Beverage 65

Prestige Events Magazine

MARCH 11, 2024

Elena joins the venue as Sales and Marketing Director from Hyatt Place London Heathrow Airport, where she re-launched the hotel post-pandemic, built a brand-new corporate base, and secured several major airline contracts. New Finance Director EeLain Ong has worked across multiple sectors throughout her 28-year career in financial services.

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Insurance Financial Airlines 2024 104

Smart Meetings

DECEMBER 15, 2023

How to Supercharge Your Strategy Status It is important to understand the difference between a budget and a financial model. In this article, Smart Meetings explains how meeting professionals can take control of their finances by relying less on the static nature of budget plans and better preparing for the future with financial models.

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2023 Financial Contracts Education 104

MeetingsNet

MARCH 25, 2020

Understanding things like event-insurance fine print and which areas of operation hotels get group revenue from will help planners become better at contracting and negotiating. This article from Reuters has more details on the postponement-clause fine print in those event-insurance contracts.

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Contracts Hotels Insurance Negotiating 72

Velvet Chainsaw

MARCH 15, 2023

This perfect storm significantly threatens the sustainability of associations and adds tremendous pressure to those who are organizing events to find ways to improve their financial performance. Event planners should consider asking key suppliers to add a Service Level Agreement (SLA) to their contract.

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MeetingsNet

JANUARY 23, 2018

Here are three ways you can, and should, be addressing cybersecurity in your supplier contracts, according to Joshua Grimes, Esq., When you’re doing the contract several years in advance, you may not know what the state-of-the-art speed will be at that time, but that doesn’t mean you shouldn’t address it.

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Contracts Hotels Financial Tech 69

Prestige Events Magazine

FEBRUARY 12, 2024

Gross margin and net profit also showed positive growth, showcasing the company’s financial strength. Contracted positions exceeded expectations, reflecting growth over previous years and outperforming set budgets. The company beat all previous years’ figures, achieving significant turnover revenue of £20.9

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2024 2023 Contracts Financial 52

The Planner's Lounge

APRIL 17, 2024

Services, Pricing, and Financial Planning: This section discusses deciding the range of services offered, setting competitive prices, and the importance of financial planning for startup costs, ongoing expenses, and income projections. The importance of having legally sound contracts was also emphasized.

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Financial Insurance Contracts Marketing 52

Eventtia

OCTOBER 20, 2023

It serves as a financial roadmap, providing a clear view of all expenses and revenues associated with the event. By creating an effective event budget plan, organizers can exercise financial control and achieve maximum returns on their investments. Quick note: This guide works for free-to-participate events.

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Financial Negotiating Entertainment Retail 117

Skiddle

SEPTEMBER 8, 2022

In this week’s update, we’ll be informing you of the latest news whilst sharing some of our various different department’s performance statistics from the first quarter of the 2022/23 financial year whilst – including Account Management, Business Development, Marketing and Content. Business Development.

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Financial 2022 Contracts Marketing 52

Attendease

JULY 20, 2023

The real magic lies in negotiating SaaS contracts. With the right skillset and a clear understanding of your organization’s needs, you can emerge from the negotiation process with a contract that drives significant value and savings. We’re here to guide you through the essential elements of negotiating your next SaaS contract.

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Event Industry News

OCTOBER 16, 2017

SWIFT (The Society of Worldwide Interbank Financial Telecommunication) has appointed Grass Roots to provide a range of delegate management services for Sibos, its annual conference and exhibition for the financial industry, until 2021. The post Grass Roots awarded three-year Sibos contract appeared first on Event Industry News.

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Skiddle

NOVEMBER 14, 2023

They’re asking the government to cut VAT across the board for the Hospitality and Cultural sectors, allowing them the financial headroom to survive. In addition, operating costs have risen to 40% above pre-pandemic levels, with eventgoers feeling the financial pressures.

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Government Financial Hospitality Contracts 72

Smart Meetings

OCTOBER 18, 2022

Now, the question is how to build contracts moving forward. Phoenix-based hotel attorney Lisa Devlin sat down for some rapid-fire questions about what is and isn’t working today and offered her prescription for a win-win solution to trading contract clauses. Read More : A Breakdown of Post-Pandemic Contract Clauses.

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Hotels Negotiating Contracts Financial 98

MeetingsNet

DECEMBER 20, 2022

Given that the property has 15 meeting rooms and 29,000 square feet of event space, though, the severe damage to the ground floor makes it probable that any events contracted to meet there in the foreseeable future will have to move.

Hotels 105

Hotels Meetings Contracts Financial 105

MeetingsNet

OCTOBER 26, 2023

While associations are seeing strong attendance across most segments, planning challenges include finding available meeting space, lack of flexibility on contract terms, and attendees registering late. However, the landscape for corporate clients is distinct from association clients.

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Event Planning BluePrint

JUNE 1, 2016

Question: Have you ever run up against a client who suddenly stopped paying for your event services, which left you wondered what to include in your event legal contracts to protect you and your event business? Your Event Legal Contracts. At what point do you sue over breach of contract? (16:29). Geneen via @eventblueprint.

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SmartMeetings

MARCH 26, 2024

However, is there another way that we might be able to financially quantify risk rather than just a percentage of budget? The concepts of frequency and impact can be directly applied to the financials of an event by adding another column to the budget. Turns out there is. Weighted Risk All risks are not equal.

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Risk Management Management Financial Insurance 86

TicketBud

DECEMBER 13, 2023

Instead, event planners are living within the constraints and are more reliant on proper planning and financial forecasting to ensure the success of their events. Why Event Budgets are Important A budget serves as a financial blueprint for a successful event, aligning expenses with desired outcomes and ensuring financial viability.

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Negotiating Financial Food and Beverage Sponsorships 113

The Planner's Lounge

SEPTEMBER 16, 2021

Contracts, invoices, bookkeeping, and even your calendar are right at your fingertips. Utilizing this business and financial management software will also ensure that your communications are professional, efficient, and consistent. Booking coordination — Create and send quotes, contracts, and invoices. Easy peasy!

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MeetingsNet

MARCH 9, 2021

This should give many hotel owners confidence that they will have cash flow and can say to their financial institutions, ‘Okay, we’re back to a good revenue stream, so let’s work things out.”. And if a group’s contracted property suspends operations during that time, “trying to find another hotel to use could be pretty tough.”.

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Smart Meetings

NOVEMBER 15, 2022

Koleen Roach, director of meetings and conference management at Securian Financial Group, led a panel of veteran explainers during Financial and Insurance Conference Professional ’s 2022 Annual Conference at Omni Boston Hotel at the Seaport. Once the contract has been signed, the tough talk doesn’t stop. By the Numbers.

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Financial Insurance Medical Meetings Contracts 98

SpotMe Blog

APRIL 4, 2023

The management team, the product and services lineup and all existing contracts remain unchanged. SpotMe will tap into Swiss Post’s technology portfolio and network and will continue to expand in its key markets. Both parties have agreed not to disclose transaction details. Press contact: David Pires, press@spotme.com, +1 312-383-9087.

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2023 B2B Contracts Financial 130

Smart Meetings

SEPTEMBER 14, 2023

An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal. A 7-Step Process A true process will go beyond RFP sourcing and site selection, contracting and negotiations. Step 4: Site Tour and Evaluation Thoroughness and attention to detail are key.

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Event Industry News

MAY 2, 2019

Specialist financier ExWorks Capital has signed a deal to provide £7.5 ExWorks offered the client a bespoke, flexible, funding solution in the form of a revolving credit line, to provide working capital for the company’s various contracts to deliver semi-permanent venues for the 2020 Olympic Games, to be held in Tokyo.

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SmartMeetings

SEPTEMBER 14, 2023

An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal. A 7-Step Process A true process will go beyond RFP sourcing and site selection, contracting and negotiations. Step 4: Site Tour and Evaluation Thoroughness and attention to detail are key.

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Conference Site Selections Negotiating Contracts 96

MeetingsNet

MARCH 7, 2024

The hyper-granular attention to detail required to negotiate and contract the various parts of an event, and then manage the ever-changing tactical and strategic elements leading up to the opening session, is beyond my capabilities. Read the story in our digital magazine now , or read it online at MeetingsNet.com as of Monday, March 11.)

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Negotiating Contracts Financial Education 59

SmartMeetings

JUNE 16, 2020

In the fifth of FICP’s new virtual education series, Financial & Insurance Professionals (FICP) Chats, more than 200 participants explored how to book group business for future meetings, including immediate adjustments for events, and how those were not being written into RFPs for the long-term. Uncertainty Persists in the Short Term.

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Event Planning BluePrint

MARCH 25, 2024

Strategic planning ensures that every decision, from theme selection to vendor contracts, contributes to the overarching objectives of the event. Budgeting and Financial Acumen Financial savvy is key to successful event planning. Effective budgeting and financial management are the linchpins of this process.

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Event Planning Financial Negotiating Education 62

GEVME

AUGUST 13, 2019

A creative event partnership ca n provide financial stability and future prospects for your event. To offer valuable resources aside from the obvious financial benefits, partners can bring other assets, such as networks, media coverage or client lists you can access to increase your brand awareness and succeed. Signing a contract.

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Contracts Financial Social Media Marketing 136

Smart Meetings

DECEMBER 23, 2021

What contracts need to include and how to negotiate those from third parties. As a result, travel planners are shifting the focus to their budgets and contracts with third parties. Guest safety has become a focal aspect of incentive travel planning. Costs are changing and budgets must follow suit.

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Travel Contracts Negotiating Hotels 98

The Planner's Lounge

JANUARY 31, 2024

Financial Planning Develop a clear financial plan. Contract Creation Finally, one of the most important things you need to do is create contracts. There are many places where you can purchase contract templates, but it is always good to have a lawyer look over everything to ensure it protects you and your business.

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Insurance Contracts Social Media Financial 52