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Avoid pitfalls and protect your eventContracts are the lifeblood and backbone of the meetings industry. Negotiating contracts is the first step before confirming speakers, color themes or catering options. Budget Cuts and Cancellations Shifts are bound to happen, especially for financial reasons.
Creating experiences, setting the stage for networking opportunities, and fostering connections among colleagues and association members are what the meetings and events world is all about. What they aren’t so great at is considering the nuances in your financial plan. Tips for Negotiating Your Next Big EventContract Cheryl M.
It wasn’t long ago that force majeure was commonly perceived as insignificant boilerplate language added to the end of an eventcontract. Court of Appeals verdict, a new precedent for eventcontracts may have been set, as MeetingsNet reports. Now four years later, in the wake of a U.S.
We recently convened a roundtable of senior-level conference organizers to discuss risk tolerance and the forces that are shaping their 2021/22 event strategies and decisions. Three primary risk categories are emerging as organizations weigh their options for major conferences in 2021: Mitigating financial risk. Financial predictions.
The real magic lies in negotiating SaaS contracts. With the right skillset and a clear understanding of your organization’s needs, you can emerge from the negotiation process with a contract that drives significant value and savings. We’re here to guide you through the essential elements of negotiating your next SaaS contract.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Experts offer tips and ideas for meeting professionals As the year slowly comes to a close, many financial and insurance meeting planners may be thinking about what they should be keeping on their radar. Squeglia, CMP, Independent Contractor at RLC Events, to get the inside scoop. Off-Site To host your event on or off-site?
With that in mind, I decided to search Amazon for event planning and management books with at least 100 reviews and a rating of 4 stars or higher. If youve ever done a similar search and felt a bit overwhelmed by all the choices, heres a list of the top six event planning books on Amazon with more than 125 reviews and ratings of at least 4.2
Building flexibility into contracts through substitutions and force majeure protections can help mitigate financial surprises and keep events on track. Skift Take: Tariffs can trigger unexpected cost spikes for both planners and suppliers. Andrea Doyle Read the Complete Story On Skift Meetings
This is the third in a series of blogs posts, written collaboratively by our team, which uncover lessons learned in advising dozens of our clients on their events in the time of COVID-19. The previous low for occupancy was during the financial crisis in 2009 when occupancy was 55 percent. From Recovery to Reform. Remove Barriers.
Becoming a sustainable event planner is a marathon, not a sprint. As the events industry continues to evolve in its sustainability journey, there are a lot of accomplishments to celebrate. Smart Meetings’ October webinar, From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices , breaks it down.
Within the meetings and events industry, where relationships are the foundation of success, negotiation has evolved far beyond rates and contracts. In recent conversations with our Client Advisory Board , a group of leading seasoned event professionals, we explored how todays negotiations must address far more than pricing.
Now, the question is how to build contracts moving forward. Phoenix-based hotel attorney Lisa Devlin sat down for some rapid-fire questions about what is and isn’t working today and offered her prescription for a win-win solution to trading contract clauses. Read More : A Breakdown of Post-Pandemic Contract Clauses.
Leading London events venue, The QEII Centre , has strengthened its director team with the appointment of Elena Gurgul as Sales and Marketing Director and EeLain Ong as Finance Director. New Finance Director EeLain Ong has worked across multiple sectors throughout her 28-year career in financial services.
Corporate event planning is notoriously labor-intensive, with planners often reinventing the wheel for each new event. Yet, putting on a seamless, branded event experience is essential for driving sales, cultivating relationships, and elevating your company’s profile. What is Corporate Event Planning? The good news?
Business event planner respondents to Convene s 31st Annual Meetings Market Survey shared their biggest work challenges in open-ended responses, which fell into similar categories as the 2023 responses, but with budget woes taking the lead. Event logistics last-minute registrations continue to add to the pressure of executing events.
In any type of contract work, miscommunication can arise between the contractor and client. You need a written contract to outline the terms and conditions of your service. A contract will be the go-to source in the event of a dispute. So be sure to always include these features in your event planning contract.
One of the best-attended sessions of the 17th annual Pharma Forum conference for medical-event planners, held virtually this year from June 15-19, was “Meetings Contracts in the Post-COVID Era.” In other words, the cleaning protocols listed in the contract are solely the responsibility of the property to fulfill and monitor.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Now that compression is making available space an endangered resource and inflation is pushing up prices for even the most basic items while companies are hesitant to make binding decisions, the responsibility for explaining the realities of what is possible on both sides of the balance sheet falls to the event planner. By the Numbers.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
How the gig economy is impacting the events industry In honor of Labor Day, Smart Meetings chatted with Tracy Judge, founder and CEO of Soundings , to get the latest scoop on the trends currently emerging within the freelance meeting planner gig economy. Event Marketing Roles : Specialists who promote and market events to target audiences.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Negotiation experts share tips for building win-win eventcontracts The ROI is in the details when drafting a vendor contract. A win-win contract allows everyone to feel that their biggest risks are covered and they can partner in good faith to execute confidently while working creatively to deliver the best event possible.
As an event planner, your contract is one of the most important documents in your business. Writing a solid event planning contract helps ensure that everyone involved understands their roles and responsibilities, as well as what they can expect from the event itself. So, let’s get started!
A lawyer with 25 years of experience in hotel and group contracts, she doesn’t mince words when it comes to planners needing to take the steps necessary to handle any complications that might arise. Financial Risks. If a hotel or venue cancels, it can derail an entire event. Beyond contracts however, things begin to get murky.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Have you ever felt like a seemingly straightforward event project slowly morphed into a creeping, sprawling, and uncompensated undertaking? Maybe it started with an extra round of appetizersthen a last-minute AV upgradeand suddenly, youre delivering a completely different event than what you initially agreed upon with your client.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Luxurious Touches Made Everyone Feel Special in The Palm Beaches When the CEO arrives on the greens of historic PGA National Resort in Palm Beach, Florida, in a helicopter, dropping a bucket of golf balls to pick the winner of a high-stakes raffle, you know this is going to be a hosted buyer event unlike any other.
There has been a significant increase in what we call variable or on-demand planner contracting tied to third-party planning organizations,” said Todd Taranto, president of Cadre , a placement firm for event industry freelancers. She now finds herself contracting for fellow FICP members.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
It can also be effectively used by meeting and event teams of all sized to deliver better end products. An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal. A 7-Step Process A true process will go beyond RFP sourcing and site selection, contracting and negotiations.
The city’s challenges related to homelessness, crime and drugs are part of a combination of factors that are impacting the city’s event business, with a number of big tech conferences announcing historic moves out of the city and to Las Vegas. HOW WOULD YOU DESCRIBE THE STATE OF EVENTS IN THE CITY?
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
A Guide for Event Profs in the Age of Rising Costs Welcome to 2024, where contract negotiations continue to be a critical but dreaded aspect of event planning. In this day and age, negotiation skills are even more essential as event professionals strive to deliver memorable experiences while staying on budget.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Maguire is reported to have attended the rambunctious first parade, bringing some much-needed music to the event. For example, Unite Here used union contracts to protect more than 200,000 members from anti-LGBT discrimination before the 2020 Supreme Court ruling that included the LGBT community in the 1964 Civil Rights Act.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
Creating a budget will keep you on track both financially and mentally. It’s a good idea to go completely paperless when it comes to receipts, invoices, and contracts and instead go digital and store them on your Google Drive or iCloud. If you prefer something a little more streamlined, you can also access our free checklist.
Financial and insurance industry meeting planners face complex demands. Many plan both internal and customer events, incentive trips and sales meetings. That makes accommodating their needs in the workplace and at events a business opportunity rather than a compliance problem. The stakes are high, and rules must be followed.
How Do Conferences Differ from Events and Conventions? “Event” is a blanket term that includes everything from intimate weddings to mega industry get-togethers. Both conferences and conventions fall under the “events” umbrella. Everything from academic conferences to virtual events is fair game.
Financial & Insurance Conference Professionals (FICP) brought 700 thought leaders together at JW Marriott Marco Island Beach Resort in Florida to prepare meeting professionals for whatever comes next with a call to reflect, discover and recharge. Strategies for producing memorable events boiled down to the following.
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