Calculating the appropriate quantity can be a daunting task, but Barnastics is here to simplify the process with our built-in Alcohol Calculator. Review all processes and identify areas of concern as well as future planning.Planning an event, regardless of its size, involves numerous factors to consider, and one crucial aspect is determining the right amount of alcohol needed to cater to your guests.Present final billing and maintain timely supplier payments.Continue tracking of expenses to maintain margins.Advise your team of “pop up” and “add on” expenses as they arise and determine worthiness.Manage on site expenses to include hotel, food and beverage, audio/visual, event staffing, etc.Develop a tracking system to keep up with daily expenses and maintain profit goals.Negotiate and streamline supplier contracts for top profitability.Review attendance goals and “fall-out” trends to determine true attendance.Establish “hot topics” that deserve more dollars.Discuss profitability goals for the company and each event.Research historical trends in your industry and past events.Examine budget processes from previous events.
Review past and current supplier contracts.We can work closely with you to examine your past budgets, trends in your industry/event and establish a mutual budget development and planning process to help you exceed your goals. Coming in under budget isn’t about cutting expenses, but about working smarter – by planning ahead, saving time and effort, or simply changing the way you usually do things.
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