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Culinary Finance 101: Food Costs for Restaurant Owners

Planning Pod

Many restaurant owners today are struggling to avoid rising food costs eating into profits and hindering their overall growth. At Planning Pod, we’ve noticed an uptick in business owners asking for tips on lowering food costs while maximizing profits. Not sure how to calculate your food cost percentage for a specific dish?

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Event Budget Basics: Everything You Need to Know

Eventmobi

Establishing an event budget is a crucial step during the planning phase, right after setting your goals and objectives. A budget is a detailed forecast of what will be happening financially at your event. It helps control your expenses and revenues, and measures the success of your meeting or event performance.

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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

According to a study by the World Scholarship Vault , event planner stress levels are hitting a new high — the third-most stressful job in the world for 2023. Annual conference budgets are usually finalized 12-plus months prior to the event. But things have changed. Price increases. Can Vendors Be Part of the Solution?

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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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Food Rescue and Donating to Those in Need: The Law Is On Your Side

Smart Meetings

What the Food Donation Improvement Act Means for Events A new federal law could make it easier to donate unused food from a conference to those in need. An estimated 40% of the food produced in the U.S. We want the food to be handled properly and safely,” says Second Servings founder and President Barbara Bronstein. “We

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Financial Meeting Planners Face Special Challenges During Crises

SmartMeetings

When the going gets tough, the tough cut costs—at least in the financial and insurance conference sector, where budgets often are more likely to come under the scrutiny of regulators. More : Budget Financial Meetings: Doing More with Less. We see it as an opportunity to help these clients see their business in a different way.”.

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3 Event Catering Tips That Can Save a Budget

Master the Event

Wondering what to serve at your next event? Most events have themes or a general format. But if you’re serving food and beverage at your event it’s important to keep in mind the type of venue, the timing and the menu itself. You just need to think about your food and beverage as you’re planning the event.