Determining how much you have to spend is a critical step for any event. Once the budget and associated payment accounts are defined, estimating costs for all necessary components will guide the planning process. Use one of the customizable excel budgets below to start tracking your event costs.
Make sure if the event is "pay for entry" revenue is included in the budget process. For more information on these types of events click here.In some cases, you may want to evaluate various vendors in order to find the most cost effective provider. Don’t be afraid to negotiate prices or get additional quotes from caterers or A/V companies. If you are planning a large-scale event, or have questions about how to contract and pay external vendors, make sure to check the purchasing guidelines in the Handbook of Business Procedures for more information.
Tip: Take a look at Compliance & Contracts for information on multiple bids for venues or services.
