Remove Contracts Remove Food and Beverage Remove Marketing Remove Reference
article thumbnail

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.

article thumbnail

Tips for Negotiating Your Next Big Event Contract

Smart Meetings

But entering a new relationship with a hotel usually comes with a detailed contract of agreements and stipulations. State of the Market Based on the current state of the market, Payne has seen a shift occur due to the events that transpired during Covid-19. Smart Meetings chatted with Cheryl M.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Money Talks: Defining an Event Budget

TicketBud

By delineating expenses across various categories such as venue, marketing, and entertainment, budgets help prioritize spending for maximum impact. Break down, prioritize, and allocate expenses into categories such as venue, catering, marketing, staffing, technology, permits, etc. Understand expenses. Set up a contingency fund.

article thumbnail

Creating Restaurant Event Spaces that Sell

Social Tables

Acting as an event venue opens restaurants to the revenue potential associated with event rental and catering services—revenue with higher profit margins than traditional food service. With built-in food service available , guests never have to worry about their food getting cold as it travels from the kitchen to the event.

article thumbnail

What to Look for When Choosing an Event Management Company

The Castle Group

You are also aware that events, when executed successfully, are an essential part of your marketing mix. Credibility/reputation – As part of the decision-making process, it’s wise to check references, seek testimonials from past or current clients, and ask to see examples (photos, videos, case studies, etc.) of past events.

article thumbnail

The Event Planner’s Guide to Venue Sourcing and the RFP Process 2023

Stova

Likewise, venues that offer food and beverage, AV, and production as part of the events package will often agree on discounts on total event spend, taking all elements into account. Signing off on guarantees for food and beverage is plain sailing for some but for others, it’s the rock upon which they perish. Happy days.

Venues 40
article thumbnail

How to Write an Event Proposal (with a Template and Tips)

QC Event School

Marketing plans, etc. Include testimonials or references from previous clients, if possible. Provide detailed information about your target audience, marketing plans, etc. In our third example, let’s imagine that you’re a wedding planner looking to secure a contract for an upcoming wedding. Venue selection.