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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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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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Event Budget Basics: Everything You Need to Know

Eventmobi

A budget is a detailed forecast of what will be happening financially at your event. When building your event budget, it’s best to determine what financial success means for your event and how you want to measure it. Determine What Financial Success Means to You And How It Relates To Your Event Budget. Number of People.

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8 Clues that Your Meeting Hotel Is—or Isn’t—Financially Strong

MeetingsNet

While meeting pros have contractual issues to consider (Read “ Can You Protect a Meeting if the Venue Goes Bankrupt? ”), there are also common-sense questions to ask and things you can do to check up on a hotel’s financial stability. Judy Wilbur, director of sales at Dunes Manor Hotel, Court & Suites in Ocean City, Md.,

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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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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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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

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 are experiencing sticker shock from rising costs for audiovisual, food and beverage, and other direct meeting expenses.