Wednesday, August 26, 2015

Setting The Budget

                                                                        Setting The Budget

For the next few days we will be talking about setting the budget for your event. Its a subject that not many people like to talk about but needs to be done at the beginning stages of planning your event.

If you are on a fixed budget there are some thing that could be done to still have a most enjoyable event  without having to take out loans or go totally broke.
You might want a very fancy venue but cant afford that so you might want to look at other venues. Sometimes if you can change the season like fall or winter instead of spring or summer you can get better rates or during the weekdays are more affordable then weekends, days are more affordable than nights.
There is also what kind of food do you want to have, how many people you are having, decorations, flowers, entertainment, photography. We will go into more detail in later posts.

                                  Who is paying for the event and what do they expect?

Events fall into 2 categories, private and corporate.. The client and payer may be different people.When there is more then 1 person I have to know who I need to report to. If it is a corporate event I would like to get together with all who  handle the funds and let them agree on who would make the final decision

Tomorrow I will be discussing raising additional funds this will be mostly for corporate events.
Please check out our website www.magicalproductionsllc.com

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