Remove Negotiating Remove Risk Management Remove Transportation Remove Venues
article thumbnail

Money Talks: Defining an Event Budget

TicketBud

By delineating expenses across various categories such as venue, marketing, and entertainment, budgets help prioritize spending for maximum impact. Event budgets also act as a risk management tool. An early start means more time to shop around for bargains, establish partnerships and negotiate with vendors.

article thumbnail

Budget Financial Meetings: Doing More with Less

SmartMeetings

Overall, uniqueness and the “wow” experience were the most influential factors in planners’ selection of a venue for ancillary activities, according to the FICP’s fall survey. “As A collaborative approach will always benefit you in all aspects, including managing costs.”. Work with Partners—and Haggle. Maybe a three-hour event is 2.5

Insiders

Sign Up for our Newsletter

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

article thumbnail

Top Considerations for the Safe Return of In-Person Events

Eventsforce

The event venue is one part of this ecosystem. You also need to consider other locations (for dine arounds etc) and attractions that your people will visit, plus their accommodation and transportation. You may wish to make some rules non-negotiable. You could also have rules on issues such as moving around the event venue.

article thumbnail

Top 6 Event Planning Certifications To Boost Your Career

Eventtia

They work with clients to determine their budgets, choose a venue, and select vendors. Event planners also handle logistics like transportation and accommodations. You’ll learn about budgeting, venue selection, and logistics management. The certification process usually includes an exam and a portfolio review.

article thumbnail

What Is the Meetings Industry’s No. 1 Challenge?

PCMA Convene

Hotels were a recurring topic, as planners noted a decrease in the ability to negotiate contracts, along with pressures associated with lowered commissions and increased competition for space. When Marriott-owned organizations are the only game in town, your choices and the ability to negotiate goes down to zero. Hotel negotiations.