SevenEvents

OCTOBER 17, 2023

step 1: define your event objectives before delving into the financial aspect of your event, it’s crucial to have clear objectives. fixed costs include venue hire, insurance, and entertainment, while variable costs cover items like food and beverage as this will can change depending on the amount of guests that attend.

Negotiating 52

Negotiating Food and Beverage Insurance Contracts 52

Smart Meetings

NOVEMBER 1, 2021

In the past several weeks, we have welcomed tech companies, financial, a crypto-currency group , realtors and association business. New York City is the financial capital, a desirable location and an exciting destination; it’s accessible. Courtney Stout, director of group sales, New York Marriott Marquis , New York City.

Food and Beverage 111

Food and Beverage Venues Hotels Telecommunications 111

Stova

MARCH 17, 2023

The Event Planner's Guide to Venue Sourcing and the RFP Process This guide examines a shift event professionals are experiencing in negotiation power with venues. For the first time in decades, event professionals are in command of the venue negotiation and selection process. The sharing economy is giving power back to the user.

Venues 40

Venues Negotiating Food and Beverage 2023 40

Stova

MARCH 17, 2023

They have the tools to enable teams of planners to negotiate rates on event costs, they can speed up venue sourcing processes and they provide visibility and analysis into event spend. Negotiated Venue Cost Savings Due to reduced commissions from major hotel chains, business models are changing and the sourcing landscape is transforming.

2023 40

2023 Negotiating Food and Beverage Financial 40

Master the Event

APRIL 2, 2022

There is always some wiggle room in food and beverage. Now don`t starve your delegates (there’s nothing worse than having too little food) but take a realistic look at your menus. Don`t over order for buffets and food stations (does each delegate really need three muffins at the morning break?)

Event Planning 40

Event Planning Food and Beverage Negotiating Financial 40

Event Leadership Institute

JULY 28, 2021

Key Takeaways: Be a fully informed planner: read the entire contract, ask questions, and hire a hospitality attorney if you need assistance in reviewing, negotiating, or renegotiating a contract. Renovation/construction: Some hotels have deferred renovations because of financial issues caused by a lack of business.

Contracts 80

Contracts Negotiating Food and Beverage Hotels 80

Planning Pod

FEBRUARY 6, 2024

There are two main types of cashless payment options: Credit cards – Physical cards that customers use in-person or online to borrow a limited amount of money from a financial institution. Automatic Clearing House (ACH) – Electronic transfers of funds between financial institutions (like banks) using routing and account numbers.

Financial 88

Financial Banking Food and Beverage Events 88

Endless Events

APRIL 27, 2023

In-kind sponsorships are relationships where a business sponsors an event by providing free goods or services rather than a financial contribution. As an experienced event professional in food and beverage, Nick is familiar with in-kind sponsorships. It’s all about negotiation. Xander agrees. Especially when it’s inbound.

Sponsorships 71

Sponsorships Negotiating Food and Beverage Events 71

Eventmobi

JULY 5, 2023

After all, with the right sponsors, you’ll not only receive financial support but also: Establish valuable partnerships Enhance your brand visibility Add credibility to your event And so much more! Instead, try asking yourself: what part of my event requires financial support? The right ideas = the right sponsors.

Sponsorships 195

Sponsorships Social Media Trade Shows Food and Beverage 195

SpotMe Blog

MAY 31, 2023

The energy consumed for event logistics, such as heating, cooling, and lighting the venue, as well as the waste generated from food and beverage services, disposable materials, and promotional items, also contributes to the environmental footprint. Get quotes from different vendors and negotiate the best deals.

2023 130

2023 Technology Event Apps Social Media 130

Event Leadership Institute

AUGUST 5, 2019

Ironically, food and beverage may not be allowed in the galleries where the art is. Negotiating With Venues. Course Domains: D: Financial Management. Museums are not cheap. You’ll probably be hit with a rental fee, and possibly additional fees for security, maintenance and other ancillary expenses. CMP Credit Hours: 0.75.

Food and Beverage 55

Food and Beverage Insurance Contracts Negotiating 55

zkipster

MAY 5, 2022

Dubai businesses and residents share this vision, and are actively contributing to Dubai’s future as a global city and one of the world’s leading financial and cultural centers.”. Photo by Nick Fewings via Unsplash. LOUISA HIRST | HEAD OF CLIENT RELATIONS FOR APAC & THE MIDDLE EAST | ZKIPSTER.

Hospitality 62

Hospitality Food and Beverage Hotels 2021 62

MeetingsNet

JANUARY 26, 2018

Take these incentives as a sign that you now have the upper hand in negotiations, a rare reprieve in today’s climate where suppliers typically hold all the leverage. . Most groups simply offer food and beverage minimums, but F&B actuals are much better for conveying your value to the hotel’s bottom line. .

Marketing 70

Marketing Food and Beverage Hotels 2019 70

Eventtia

OCTOBER 9, 2023

Outline a detailed budget for your event Financial planning is paramount to ensure the viability of your event. Negotiate terms. Negotiate mutually beneficial terms. Finalize catering-related details Finalize your food and beverage arrangements with the caterer. Work on safety details. Initiate conversations.

Event Planning 88

Event Planning Retail Social Media Speakers 88

Social Tables

APRIL 22, 2019

Anchors are non-negotiable deadlines that are often determined by key stakeholders and partners. The catering company you hired double booked themselves and can only supply a portion of your food and beverage orders. Determining your event budget six to twelve months in advance helps keep your financials on track.

Event Planning 138

Event Planning Food and Beverage Events Venues 138

Eventtia

APRIL 18, 2022

Negotiate details with the venue. Catering (food and beverages). Create a shortlist of talents you’d like at the event Contact the talents Negotiate and confirm. Finalize financial details: Update your budget with final expenses. Don’t underestimate good foods and event swag. Technology stack.

Social Media 62

Social Media Sponsorships Speakers Contracts 62

Eventmobi

JANUARY 24, 2019

To begin building your budget, it’s best to determine what financial success means for your event and how you want to measure it. Let’s take a look first at how you can determine what financial success means for your meeting or event before talking in more detail about cash flow. Food & Beverage @ $35/person.

Food and Beverage 199

Food and Beverage Meetings Financial Advertising 199

Stova

MARCH 17, 2023

We met with three executives in the financial, higher ed, and technology industries to understand how they optimized events and made crucial decisions that drove their business forward. Food How much will food cost? What Cost-Saving Tactics are Being Implemented? Keeping these events on budget was critical to Vicky’s MBOs.

2023 40

2023 Food and Beverage Social Media Negotiating 40

Eventtia

OCTOBER 20, 2022

Determine your must-have needs from a venue before negotiating and committing to a venue. Create a shortlist and negotiate with talents Create written contracts (make sure not to miss any details) Secure promotional details (bio, headshot, session draft, etc.) Prepare food, drinks, entertainment content, etc.,

Event Planning 62

Event Planning Sponsorships Food and Beverage Insurance 62

Planning Pod

JULY 9, 2021

Food-and-Beverage Management. You can quickly and easily add estimated, negotiated and actual costs, track payments and payment due dates for each line item, and view remaining amounts due. food-and-beverage packages and variable pricing options. Task & Project Management. Files & Note Management.

Food and Beverage 78

Food and Beverage Contracts Venues Management 78

All Seated

OCTOBER 4, 2022

“In New York, we have seen clients spend double what they spent for the exact same event pre-pandemic, and that would be inclusive of venue, food, AV, and other expenses,” says Liz King Caruso, CEO at techsytalk. Inflation has been dominating the news headlines not just in New York but all over the globe. inflation rate. Be Transparent.

Management 41

Management Food and Beverage 2023 Negotiating 41

PCMA Convene

MARCH 1, 2018

While at first look, this may appear to Marriott as a profitable decision on their part, I suspect this decision may not yield the financial gains they anticipated. Thirty-four years ago, my firm, Conferon, negotiated the first chain-wide, guaranteed commission (on net room price) contract in U.S. The Evolution of the Commission Model.

Site Selections 67

Site Selections Food and Beverage Contracts Negotiating 67

PCMA Convene

MARCH 6, 2019

Client politics, controlling costs for space and services, and contract negotiations were top of mind for some respondents, as was finding diverse speakers. Contract negotiation when dealing with India hotels. Keeping costs down, particularly food and beverage and audiovisual for meetings. Communication. Contracting. (3

Contracts 69

Contracts Hotels Food and Beverage Negotiating 69

Canadian Special Events

SEPTEMBER 1, 2016

Most of the organizers Hala spoke with said financial success starts with board and committee leadership. The committee needs to “own” the financial side of the event for it to be. Toronto Taste is one of the most celebrated food events in the city. successful. They partnered with Vitamin Water to create a “Lite Brite” Station.

Food and Beverage 64

Food and Beverage Social Media Entertainment Hospitality 64

Social Tables

MAY 14, 2019

And to create an experience, every little piece of the event needs to map back to the purpose, from the venue to the food. But that’s not to say you can’t negotiate. Tips for negotiating a bigger event budget When it comes to negotiating an event budget , the language stakeholders speak most fluently is data.

Negotiating 141

Negotiating Sponsorships Social Media Venues 141

Planning Pod

MAY 3, 2017

Chief Financial Officers are laser-focused on revenues, investments, capital and funding. This includes not sharing things like potential venues, speakers/performers, food-and-beverage option, etc. Chief Executive Officers often are focused on revenues, trends and new opportunities/ideas. anything more is overkill).

Event Ideas 142

Event Ideas Food and Beverage Marketing Events 142

Eventtia

DECEMBER 16, 2021

Having a clear budget as early as possible will provide you with more options and more time to negotiate with different vendors, and also provide you with a clear roadmap to ensure your hybrid event stays cost-effective. Event technology ( event registration software , event management solution , virtual event platform, etc. )

2022 62

2022 Social Media Sponsorships Food and Beverage 62

Planning Pod

MAY 3, 2017

Chief Financial Officers are laser-focused on revenues, investments, capital and funding. This includes not sharing things like potential venues, speakers/performers, food-and-beverage option, etc. Chief Executive Officers often are focused on revenues, trends and new opportunities/ideas. anything more is overkill).

Event Ideas 60

Event Ideas Food and Beverage Marketing Events 60

Capterra Event Management

FEBRUARY 14, 2018

Catering (bartenders, servers, food, beverages, linens, table settings). With more benefactors in the mix, your event poses a much smaller financial risk to your company or event firm. Catering: Survey registered attendees to find out what their tastes are, and if you need to make any special food accommodations.

Social Media 110

Social Media Food and Beverage Advertising Speakers 110

Planning Pod

JULY 25, 2019

This platform takes a modular approach in its setup by offering a standard set of features (including CRM, event file management , invoicing/payments and communications) and then letting clients customize their account with suites of tools for event, venue, financial and inventory management and much more. ClearEvent. Calendaring.

Event Management 112

Event Management Management 2019 Social Media 112

Stova

MARCH 20, 2023

ABA Bank Marketing Conference September 27 - 29, 2023 – Austin, TX The American Bankers Association (ABA) annual Bank Marketing Conference is a must-attend event for marketers in financial services. This 2-day event is designed for innovators in the financial industry to explore open banking, mobile-first models, AI, blockchain & more.

2023 52

2023 Conference Healthcare B2B 52

Planning Pod

JULY 25, 2019

This platform takes a modular approach in its setup by offering a standard set of features (including CRM, event file management , invoicing/payments and communications) and then letting clients customize their account with suites of tools for event, venue, financial and inventory management and much more. ClearEvent. Calendaring.

Event Management 60

Event Management Management 2019 Social Media 60

PCMA Convene

MARCH 6, 2019

In the 28th Annual Meetings Market Survey, respondents listed rising food and beverage costs as a major challenge. Nearly 30 percent of respondents’ answers in some way reference budgets or rising costs this year, with AV, food and beverage, and Wi-Fi expenses standing out as particular pain points. Hotel negotiations.

Food and Beverage 91

Food and Beverage Meetings Negotiating Hotels 91

Event Leadership Institute

APRIL 10, 2020

Meanwhile, many venues who’ve been financially gutted these past months will still need to lock in guaranteed revenue to reserve dates and room blocks, resulting in a protracted contract negotiation process over cancellation and force majeure clauses. Virtual events have no such concerns and offer clients a far more risk-free option.

Financial 116

Financial Trade Shows Food and Beverage 2001 116

Planning Pod

AUGUST 24, 2019

Food and beverage offerings. More and more, food-and-beverage selections and catering have become a big draw for many events (even those that don’t have an obvious foodie angle). This form of marketing relationship is a much more straightforward financial arrangment. Speaker and entertainment selections.

Event Marketing 131

Event Marketing Marketing Social Media Speakers 131

Planning Pod

AUGUST 24, 2019

Food and beverage offerings. More and more, food-and-beverage selections and catering have become a big draw for many events (even those that don’t have an obvious foodie angle). This form of marketing relationship is a much more straightforward financial arrangement. Speaker and entertainment selections.

Event Marketing 60

Event Marketing Marketing Social Media Speakers 60

PCMA Convene

JULY 31, 2016

1986: Food can reinforce psycho-social behavior patterns, including the feeling of being caged with no escape. As every laboratory rat knows, food can create and reinforce psycho-social behavior patterns, including the feeling of being caged with no escape. Does a planner’s attitude make a difference when negotiating with hotels?”

2012 56

2012 Food and Beverage 2013 Hotels 56