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Common Challenges Faced By Edinburgh’s Event Planners And Their Solutions

Finance

14 Nov

The events industry in Edinburgh is rife with flourishing enterprises. The economic and social nature of the city makes it conducive to conduct any kind of business under the sun, and with occasions and celebrations at the centre of human activity, event planning is at the forefront of the most successful businesses around. Whether it’s business, celebrations or sport, there is always something that brings people together, and members of the events industry offer their skills and expertise to provide memorable and satisfactory services for their clients. But it is never without its hitches. There are several challenges event planners face when conducting their business, some of which can be anticipated and intercepted, others which are mostly out of their control but can still be fixed.

1. Overspending and an increase in the cost of materials

The client’s budget guides the execution of every event. The problem of overspending tends to rear its ugly head for two reasons, making extravagant expenses and the rising cost of materials and services. Often times, either the planner or the client desire elements that are above the available budget. The increase in cost of materials and services can also lead to overspending, favouring a service at the expense of the other. This can easily be rectified by limiting spending only to what the budget can cover and also leaving room for possible financial increments not originally accounted for in the budget. There should also be a system of monitoring spending to maintain modesty and ensure every penny is spent on relevant purchases.

2. Selecting the right vendors

Finding reliable and trustworthy vendors and service providers to carry an event is one of the biggest challenges faced by event planners. Edinburgh is full of businesses that claim excellence, but a system of vetting proves a number is often subpar and their services quite unsatisfactory. A solution to this would be to source vendors through established bodies that recognize and can vouch for the credibility of the service provider, find them through referrals and overtime, build a network of trustworthy vendors with a track record of competence.

3. Finding the right venues.

The conference halls, outdoor spaces and meeting rooms Edinburgh boasts are a dime a dozen, scattered all across the happening city but it would be an error to think that a perfect venue will be easy to find. For an event planner, each particular event has venue requirements peculiar to it. A wedding hall is not suitable for a business meeting and vice versa. It is now up to them to find a space that is appropriate for the kind of event they are planning to keep in mind factors such as budget, location, theme, capacity and the specifications of the client. Bouncing from venue to venue is neither time nor cost-effective. This where businesses like Venuefinder come in. With over 17,000 listed venues in the United Kingdom and abroad, Venuefinder offers event planners a chance to find the best venues and locations for their events with ease and efficiency. From hotels to sports arenas, museums and conference halls, the platform offers more than anyone could expect. They also inspect and vet these listed venues to ensure that they meet industry standards, regulations and description claims and they are also an ABC audited product verified by the Audit Bureau

Conclusion

Event planning is not all fun and games. It is hard work and requires a lot of strategic moves, decision making and networking. The challenges event planners face common to their trade, but with proper access to the right information and resources, they are very easily rectified.

To read more on topics like this, check out the finance category.

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Hi! My name is Jason. Welcome to my limitless world! Here I am excited to share with you the wonderful things that life has to offer. From random facts to lifestyle tips, and all the way to traveling the globe, I will be your storyteller packed with endless interesting topics. Read More…

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