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Mastering Event Contracts: Essential Negotiation Strategies for Meeting Planners in 2025

Smart Meetings

Avoid pitfalls and protect your event Contracts 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.

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Best of 2023: Event Contracts and Budgeting

Smart Meetings

Over the last year, Smart Meetings wrote about contract and budgeting tips and trends this year for the event planner who wants to keep on top of their financials, so they can keep creating memorable experiences. What they aren’t so great at is considering the nuances in your financial plan. In short, think big.

Contracts 264
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What Risk Factors Are Top of Mind for Association Event Organizers?

Velvet Chainsaw

Three primary risk categories are emerging as organizations weigh their options for major conferences in 2021: Mitigating financial risk. Mitigating Financial Risk. Financial predictions. Financial challenges continue to be at the forefront for many associations. Contract concerns. Health, safety and duty of care.

Contracts 437
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The 2024 Guide for Financial and Insurance Meetings

Smart Meetings

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. Meeting planners may also want to consider alternative cities that may offer better financial options. growth in innovation and 15.7%

Insurance 246
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Booked and Busy: The Best Event Planning Reads You’ll Actually Use

Smart Meetings

It covers everything you need to know about event planning, including finding venues, building a team, negotiating contracts, and even measuring success after the event is over. The book takes readers through all the essential steps, like creating a budget, choosing a venue, and navigating health and safety regulations.

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Renegotiating Live Event Agreements When All Parties Are Innocent Victims

Velvet Chainsaw

The previous low for occupancy was during the financial crisis in 2009 when occupancy was 55 percent. The timing of recovery is going to be dependent on consumers and businesses having confidence that our cities and venues are safe again. Occupancy for the year is expected to hit an all-time low of 43 percent. Do the Right Thing.

Contracts 397
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Sustainable Event Planning: Action Steps to Lasting Strategy

Smart Meetings

Meet the Experts Ellie Hurley, events director at Financial and Insurance Conference Professionals (FICP), has spent the past three years leading FICP’s event-specific approach to sustainability and social impact and also holds the Sustainable Event Professional Certificate (SEPC) from Events Industry Council (EIC). What’s in your RFP?