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Money Talks: Defining an Event Budget

TicketBud

Event budgets also act as a risk management tool. Forecast potential funds coming in from ticket sales, sponsorships, merchandise, or donations to establish a baseline for your budget. This foresight prevents overspending and optimizes funds in areas that help organizers reach their goals. Identify sources of revenue.

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How to Write an Event Proposal (with a Template and Tips)

QC Event School

How to Write an Event Proposal for a Sponsorship. Now, writing an event proposal for a sponsorship can be a bit more challenging. Tips for Writing an Effective Sponsorship Proposal. When writing a sponsorship proposal, it’s important to keep in mind the following tips: Be clear and concise.

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Budget Financial Meetings: Doing More with Less

SmartMeetings

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.

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What Did You Do Differently Last Year?

PCMA Convene

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.

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The 33 skills meeting and event planners need to succeed

Plan Your Meetings

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.