December 11, 2018
  • The Power of Applied Intelligence

Event Budgeting and Finding the Right Venue

Getting Ready for a Big Event 

If you are trying to plan a big event you are inevitably going to need to consider all of the things that will go into the planning the process up front. This way you have an estimate of what things will cost in your mind. You can begin brainstorming With friends to make better plans, but first you need to look at the overall big picture before you start worrying about the small things. When it comes to the big picture the biggest potential cost for any event is the event space. This is where you need to start your planning.

Finding the Right Venue 

When you are planning for an event such as a wedding or birthday party it is going to be to your advantage to get the event space that is best accessible to your clients. Fortunately, there are a ton of event spaces that you can utilize if you have an idea about a certain type of thing that you may want to use. You need to know how many guests you are expecting, and there needs to be some idea about how you are going to entertain these guests with the event space that you choose.

Getting a venue in place is typically going to be the first step towards your budgeting process. At this point you will need an event budget template. This will give you the type of information that you will need to sort out the best path to how much you can spend.

Any type of event can get out of hand if you do not have a template in place to analyze your cost up front. A wedding planner, for example, may find that a couple that is inviting a big crowd of family and friends may need a much bigger space than a couple that is only planning an event for a small crowd. There definitely are a lot of possibilities for all of those that are trying to find the right venue, but it really all comes down to you what someone can afford to spend.

Venues for Video and Photo Shoots 

Sometimes the event that you are planning may involve a number of people. It may be a photo shoot. There may be a video shoot that is going on. You have the ability to plan accordingly when you get all of the accessories that are needed for the photoshoot that you are doing, but your biggest expense will still be the venue that you book.

Getting Your Venue Spot in Advance 

There are certain times of the year where certain venues get booked easily. In the summer wedding venues are harder to find if you have not planned six months to a year in advance. Throughout the course of the year birthday parties are occurring so you need to book these types of venues in advance as well. It is always to your benefit to book early in order to prepare a budget.