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Strategy is the bedrock of large event planning

Prestige Events Magazine

The approach to take here is a methodical one as you need to negotiate with vendors, prioritise high-impact elements and establish robust contingency buffers. Consider the venue and its technological capabilities Venue selection in todays events landscape goes beyond its size and location.

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Wedding items you should splurge on!

EventSource

The Venue Your wedding venue sets the entire vibe of your big day, so it’s definitely worth being one of your wedding splurges. It needs to not only represent the theme of your wedding in the best possible way, but it should also cross off all of your non-negotiables from catering capacity to parking.

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5 Tips for Flexible Event Budgeting, No Matter the Format or Economic State

Smart Meetings

First, you negotiated your way out of every contract with minimal exit fees, then for a split second you converted everything to hybrid (with no additional budget), and then transitioned from hybrid to virtual, where we thankfully stayed for a red-hot minute. Read More : How to Manage Outsize Hospitality Budget Inflation.

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15+ Event Ideas to Help You Wow Attendees on a Budget

Social Tables

Luckily, as important as events are, they don’t have to break the bank. As important as events are, they don’t have to break the bank. Negotiate with vendors. If you have an annual event, try to negotiate a multi-year contract where you get a discount if you commit to exclusively using their business. Click To Tweet.

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Marriott’s ‘Meet with Momentum’ Creates Community Like None Other

Smart Meetings

Read More: Tips for Negotiating Your Next Big Event Contract During the open Q&A, planners aired frustrations—contracts are time-consuming already. That evening, they gathered for an extraordinary farewell event at Ocean’s Edge, an outdoor event venue right on the coast. Pick your battles. What does your group actually need?

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How to Plan a High-Impact Event on a Low Budget

SmartMeetings

This article will provide you with seven tips that meeting and event professionals need to create a memorable experience without breaking the bank as they plan upcoming business events. When you contact a venue to begin a discussion about booking, have more than one date in mind. More : Master Win-Win Negotiations for Your Contracts.

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Back Light: An Event Business Owner’s Guide to Surviving the Pandemic

SmartMeetings

Agency, independent planner, venue sourcing company, or other supplier; take your pick.) This has been especially hard on companies with challenging payment models, like venue sourcing firms who often don’t get paid for their work until months after the event, even though that work was performed months if not years prior.

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