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Four Strategies for Minimizing F&B Expenses at Events 

ePly

Did you know that food and beverage (F&B) expenses are among the most significant expenses associated with any event? First and foremost, food and beverage are some of the most memorable aspects of any event. Negotiating is recommended and should be seen as a crucial aspect of your event planning strategy.

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How to Prepare a Venue for an Event

GEVME

Choosing a venue for an event is also one of the first negotiation points as well. Food and beverage. The organizers may need special infrastructure, such as a lake for a water sports competition or a room equipped with special multimedia equipment for seminars where employees of an international enterprise will be trained.

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Q&A: What Does an Event Planner Do?

Social Tables

Planners work with vendors, suppliers, and venues to coordinate meal service, event staffing, negotiate pricing, and so much more. Event planners are coordinators, organizers, moderators, and professional negotiators. Negotiation. Event planners must be skilled in the art of negotiation. Government meetings and events.

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How to Prepare a Venue for an Event

GEVME

Choosing a venue for an event is also one of the first negotiation points as well. Food and beverage. The organizers may need special infrastructure, such as a lake for a water sports competition or a room equipped with special multimedia equipment for seminars where employees of an international enterprise will be trained.

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What Did You Do Differently Last Year?

PCMA Convene

Better contract negotiations. Increase in what we budget for food and beverage, and managing other costs more closely. We have brought in more specific industry equipment to seminars (i.e., We have brought in more specific industry equipment to seminars (i.e., Budget control is being exercised [two mentions]. •

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The Ultimate Event Strategy Guide 2023

Stova

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.

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Event Venue Management Checklist for Event Planners

Hubilo Blog

Negotiation capabilities. · Food and Beverages. Any event is empty without a picture taken by attendees of food, desserts, and heart stealing beverages. Food and beverages keep the cool and calm of the attendees and acts as an initiator for engagement. Discounts offered on the venues. Powder rooms.

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