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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

A budget is a detailed forecast of what will be happening financially at your event. Although a well-planned budget takes time to create and manage, it can mean the difference between success or failure. 28% replied that their organization manages resources and processes for them. Food & Beverage ($35/person).

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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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The Royal College of Physicians, in partnership with Company of Cooks, appoints a new Group General Manager for catering and venue operations at RCP London Events and Spaces at the Spine.

Prestige Events Magazine

The Royal College of Physicians today announces the appointment of Jo Stafford as the new Group General Manager for catering and venue operations at its London and Liverpool venues: RCP London Events and Spaces at the Spine. She has also managed high-profile events for the military in Southeast England and Her Majesty Queen Elizabeth II.

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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. Create a Google alert for the hotel and the hotel's management company.

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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. Risk management is a team challenge and should be approached from every angle.”.

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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.