Thursday, February 11, 2010

How Can I Get The Most Out Of My Event Budget

The number one concern these days, whether you are planning a corporate event or a bride-to be, is sticking to the budget! So we've put together a short list of things that you can do to stretch your budget on Your Big Day.

1) Guest List - This is the primary budget buster. The number of people you invite affects not only your catering budget, but also the cost of your invitations, favors, and decor (centerpieces). It is great to want to share Your Big Day with everyone. However, I can't stress enough that when trying to cut costs keeping your guest list lean is the best way possible.

2) Host your event on an "off" day - Friday and Saturday are the most popular days for weddings and personal events. They often come with a high price tag, too. Flexibility on your day can save you lots of money. Weekday evenings are usually available at event venues. If your're flexible and willing to try a non-traditional day/night you could still have your dream location at a fraction of the price! Many worry about their family and friends not attnending a week day event; however, if you provide enough notice this should allow them to make the necessary arrangements. Keep in mind that near and dear family and friends will be by your side whether it's a Monday afternoon or a Saturday night.

3) Professional Event Planner - Do not underestimate the value of having a professional event planner and the money they can save you. This may seem conterintuitive. Why hire someone to do what you can do for free? Event planners form relationships with other planners, and vendors who often offer discounts. Event Planners generally pass those savings on to their clients. Also, event planners save you time and energy. They do the running around and leg work required to make your day what you dream. Less stress has a value of its own!

These are just a couple of tips to think about as you plan your next event. If you follow these cost-saving tips we're sure you will still have a memorable event with money left over in the bank!

Happily Planning,

Ingrid M. Williams & Joycelyn Williams
Event Createurs

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