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Event Contracts: Agree to Be Agreeable

SmartMeetings

Negotiation experts share tips for building win-win event contracts 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.

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Tips for Negotiating Your Next Big Event Contract

Smart Meetings

But entering a new relationship with a hotel usually comes with a detailed contract of agreements and stipulations. year period of time have shifted into the future years causing a significant demand and compression issue when contracting with hotels,” Payne said. Smart Meetings chatted with Cheryl M.

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A Breakdown of Post-Pandemic Contract Clauses

Smart Meetings

Post-Covid Contract Solutions.”. We’ll delve into a condensed review to address what and what not to include in your venue contract, as well as negotiation tactics and what can potentially trigger a force majeure. Local laws can impact your contract and your options for termination, recovery and liability, Sheaks explained.

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What are BEOs and Why do Event Pros need them?

Planning Pod

BEOs (sometimes referred to as run sheets) allow you to provide critical details that everyone involved in any event MUST have at their fingertips – whether they are a bartender, catering manager, security staff member, event planner, other vendor, or even your client. Food & Beverage packages. Invoice/proposal totals.

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Streamlining event detail management with BEOs

Planning Pod

It serves as a blueprint for your team, clients, and vendors, ensuring everyone is on the same page regarding setup, timeline, food and beverage preferences, and numerous other critical details. Food and beverage: Menu selections, bar services, and beverage packages. Why are BEOs important?

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A Planner’s Guide to Event Vendors 

Social Tables

Planners may rely on one or two vendors for smaller events, like a business luncheon, while food vendors may make up as much as 5% of the total attendee count at massive outdoor events (e.g., Food & and beverage suppliers. Food and beverage (F&B) suppliers play a significant role in most events.

Contracts 158
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The Ultimate Glossary of Live Event Production Terms

Bizzabo

Can refer to food and beverage, services, or products that are purchased and charged separately rather than as a package. Refers to the drop in actual attendance compared to the expected or originally guaranteed attendance. This is often expressed as a percentage and is sometimes referred to as attrition rate.