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Event Contracts: Agree to Be Agreeable

SmartMeetings

Negotiation experts share tips for building win-win event contracts The ROI is in the details when drafting a vendor contract. A win-win contract allows everyone to feel that their biggest risks are covered and they can partner in good faith to execute confidently while working creatively to deliver the best event possible.

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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

Unless you plan events for a booming industry, your reality working for professional and trade associations is that revenue from your 2022 and 2023 meetings is 15 percent (or more) lower than 2019. Event planners are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses.

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Budget Financial Meetings: Doing More with Less

SmartMeetings

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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7 Considerations: Financial and Insurance Planners Plot the Return to Productive Meetings

SmartMeetings

Hybrid meetings may be the bridge to bringing corporate gatherings back. Not everyone is going to be comfortable attending a meeting in person just yet, or anytime soon. Budget: Hybrid meetings require healthy AV line items if you are going to engage both audiences. Who will manage screening and cleaning ?

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Building a Winning Corporate Events Program: 7 Critical Success Factors

Attendease

This is best done by scheduling a planning meeting with company leadership and other key stakeholders for the event. Schedule regular status update meetings to discuss timelines, blockers, and wins. It’s crucial to monitor expenses closely and adhere to the budget to ensure financial stability. based on expertise.

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Money Talks: Defining an Event Budget

TicketBud

According to a recent Maritz Industry Trends Report , most meeting expenses are up over 20 percent since before the pandemic. 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. But, most budgets haven’t budged.

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How To Start A Catering Business In 2024

Planning Pod

So, how can you turn your passion for food into a thriving business? What type of food do you feel the most passionate about? Obtain permits and licenses: Catering businesses require a food service license, which may involve local health department inspections. What’s your favorite dish to cook?

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