Advice from the Pros on Managing Increased Costs
BizBash recently interviewed five event professionals about how they’re offsetting the nationwide rise in costs. Below are some highlights from the article, Inflation Sweeps the Nation: How 5 Event Pros Are Dealing with Increased Costs.
Lisa Miller from Hargrove, Inc. encourages planners to seek “event partners and vendors that are collaborative and invested in your success.” Also, be sure to “bring [clients] into the planning conversation as early as possible.” She assures this will allow for more effective collaboration should any challenges arise.
Taline Hasholian of ASV Inc. stresses the importance of team morale: “It’s amazing how much people will do for a company if they know the company believes in them, appreciates them, and awards them.”
Scott Mirkin of ESM Productions says, “Be honest and transparent with your clients. Most importantly—be compassionate and human with folks after two years of no work.”