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Event Budgeting: Internal Resources, Planning, Utilizing Pros

May 31, 2022

In part one of this two-part blog series, we looked at some basic tips on how to plan out and stick to your event budget. This is a vital theme for many event organizers, allowing for a great event that doesn’t break the bank or put you in any hot water financially.

We offer several tools to make this happen at In The Event, from well-priced event rentals through the best event planning services in Utah. What are some other common themes we talk to clients about when it comes to maximizing their event budget? Here are several.

Consider Internal Resources to Save Costs

If you’re part of a business or any other entity that’s throwing the event, there may be some internal resources you can take advantage of to save on costs. For example, if someone in your office is particularly good with event planning or décor, see if they’re available to help out.

Utilizing in-house resources can also apply to things like using company equipment, vehicles or other property rather than renting or purchasing items for the event. Obviously you’ll want to make sure this doesn’t put your business in a tough spot in any way, but if it’s feasible it could be a great way to save.

Plan Far in Advance to Get Lower Rates

This may not be possible for every type of event, but in general, the further out you can start planning, the better pricing you’ll be able to get on many different aspects. This includes everything from the venue and catering to event rentals and more.

Some businesses or other entities also have their events planned out well in advance for the entire year. If this is the case, start working on next year’s budget now so you can be ahead of the game and get even better rates. You might be surprised at just how much savings you can generate, both in event areas and others.

Use a Professional Event Planning Service

Of course, we’re a bit biased here, but using a professional event planning service is one of the best ways to save money while still getting everything you need for your event. We have the experience and connections in Utah to help you get great rates on everything from the venue to catering to décor and more.

We’ll work with you to understand your budget and what you’re hoping to accomplish with your event. From there, we’ll put together a comprehensive plan that will help make your event a success while staying within your budget.

For more on how to go about creating, sticking to and optimizing your budget for any event, or to learn about our high-quality event planning and event rental services for various clients, speak to the team at In The Event today.

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