Starting An Event Planning Business Checklist

Starting An Event Planning Business Checklist-13
Check out Meeting and Event Budgeting Made Easier for a few tips. Think about ways to incorporate event sponsors into the event.After the actual event, the event budget is one of the most highly scrutinized aspects of any planning process.

Check out Meeting and Event Budgeting Made Easier for a few tips. Think about ways to incorporate event sponsors into the event.After the actual event, the event budget is one of the most highly scrutinized aspects of any planning process.

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Did you spend enough with certain vendors to qualify for volume discounts? Now, tracking tools have graphs built in so you can look at event spend in a more engaging way.

You don’t need to spend extra time laboring over a pie chart – it’s created for you.

It can take hours and hours to find the missing $2.37, but you’ll spend an afternoon searching for that last item because the event budget has to balance.

Use a tool that captures each purchase so you don’t have to root through your purse, car, and office to find a crumpled receipt.

There are tools you can use, from the Expensify App to more complicated budget tracking solutions, that make collecting, tracking, and analyzing event spend much easier.

Curious if your go-to florist is increasing their fee by too high a percent year over year? Want to break down costs into categories such as venue, food, promotion, and more?Charts and graphs can usually be modified easily to compare the costs you want to look at.Determining what to spend money on and where to cut isn’t easy.Don’t let complicated Excel sheets create confusion.One of the major challenges with tracking spend is making sure that every single purchase is accounted for. In this guide, we talk through a basic event planning template, what it means to be a planner, and how event management software can simplify your processes. What tools should you use to make your life easier?This will allow you to understand how much you spent with one caterer vs another, or let you to budget better for future events with the same vendors.Negotiate better deals with vendors and suppliers based on transaction history.If you can’t easily track your event budget and use spend information to analyze an event’s effectiveness and improve year over year, you’re making things more difficult than they need to be.Technology has made event budget tracking easier than pen and paper or building out a complicated, formula heavy Excel sheet.

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