TicketBud

DECEMBER 13, 2023

Now, imagine showing up to the event, hearing that most speakers backed out after not getting paid, and then being asked to help cover the costs of the event’s outstanding hotel bill of $17,000. Event budgets also act as a risk management tool. Gather information on the event’s requirements to estimate expenses accurately.

Negotiating 113

Negotiating Financial Food and Beverage Sponsorships 113

SmartMeetings

APRIL 3, 2020

Negotiation is more essential than ever for achieving cost savings, and planners should work closely with partners — including DMCs, hotels, speaker bureaus, and food and beverage vendors — to identify creative opportunities for doing more with less. Work with Partners—and Haggle. Keep F&B Simple.

Financial 69

Financial Insurance Meetings Food and Beverage 69

PCMA Convene

MARCH 7, 2017

We have implemented a risk-management manual to our events and we have purchased more event insurance for better protection. Increase in what we budget for food and beverage, and managing other costs more closely. Started implementing a strategic meetings management program.• . • Lowered meeting costs.

Food and Beverage 67

Food and Beverage Risk Management Insurance 2017 67

Plan Your Meetings

JUNE 27, 2016

B: Project management. C: Risk management. D: Financial management. G: Stakeholder management. I: Site management. Evaluate effectiveness of risk management plan. B: Project management. Manage critical path. Manage contracts. Manage implementation of meeting or event.

Meetings 62

Meetings Food and Beverage Risk Management Contracts 62