Remove Management Remove Negotiating Remove Risk Management Remove Sponsorships
article thumbnail

Money Talks: Defining an Event Budget

TicketBud

Event budgets also act as a risk management tool. This enables organizers to devise backup plans, forge partnerships, and negotiate favorable deals with vendors to ensure that the event stays on track throughout planning and execution. Gather information on the event’s requirements to estimate expenses accurately.

article thumbnail

Top 5 Event Planning Courses for Planners

Event Planning BluePrint

The Event Planners’ Hub – By the end of this course, you’ll confidently know how to charge for your services, how to work with paying clients, and understand how to plan and manage events professionally from start to finish. The New Playbook for In-Person Events: Enhancing the Experience While Managing the Risk.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business as Unusual: Shifting Live Events to Digital and Hybrid Experiences 

GEVME

The event management industry is one of them, in fact, one of the most affected ones. . But, the industry has managed to innovate and how! These leads are the main reason why brands do sponsorship in the first place. . We, as event organizers are facing a very practical problem now in terms of risk management and preparation.

article thumbnail

Business as Unusual: Shifting Live Events to Digital and Hybrid Experiences 

GEVME

The event management industry is one of them, in fact, one of the most affected ones. But, the industry has managed to innovate and how! These leads are the main reason why brands do sponsorship in the first place. We, as event organizers are facing a very practical problem now in terms of risk management and preparation.

article thumbnail

Business as Unusual: Shifting Live Events to Digital and Hybrid Experiences 

GEVME

The event management industry is one of them, in fact, one of the most affected ones. But, the industry has managed to innovate and how! These leads are the main reason why brands do sponsorship in the first place. We, as event organizers are facing a very practical problem now in terms of risk management and preparation.

article thumbnail

What Did You Do Differently Last Year?

PCMA Convene

Better contract negotiations. 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.• . •

article thumbnail

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. A collaborative approach will always benefit you in all aspects, including managing costs.”.