An Ounce of Prevention

Preparing to Navigate and Negotiate the Pitfalls of the Venue Contract

When planning a live event and trying to budget effectively, meeting planners may not realize what they can do to prepare on the front end to save time and money. During the planning process, companies commonly talk about equipment discounts, shipment costs, providing local labor and/or using in-house audiovisual to save money for the overall event budget. Although important items to consider, these types of savings occur much later in the overall planning, after the most important step in the process has already transpired – the execution of the venue contract. […]