Wednesday, 14 September 2011

The hidden costs of short lead meetings

When planning for your next corporate event, leaving arrangements to the last minute isn't necessarily going to result in a bargain. Keeping lead times short may mean incurring hidden costs:

  • Extra resources to locate a venue and arrange any transportation
  • Dedicated business venues may already be booked which can lead to the use of secondary, or even unknown locations and quality can be compromised.
  • If quality is reduced then your event will have a reduced impact returning a lower ROI
  • Through rushed decisions, insufficient marketing time & failure to achieve minimum numbers, last minute meetings can lead to increased cancellation or administration costs

When planning your next event, seek advice from Conference Centres of Excellence. Staff at dedicated business venues nationwide are experienced experts within the hospitality and meetings industry and will help you achieve successful events whilst making the most of your budget every time.

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