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3 Easy Ways Planners Can Reduce Risk Today

Smart Meetings

In the same fashion, planners need to do their research when hiring vendors. Too often, planners end up footing the bill for mistakes and mismanagement on the part of vendors, all of which could have been avoided beforehand. You hired the vendor. You can’t insure against everything. Prepare for GDPR.

Planner 209
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17 Common Event Planning Mistakes and How to Avoid Them

Social Tables

Ignoring local policies and regulations Rules and regulations can vary from town to town and city to city. Event planners who fail to research local policies, regulations, and restrictions could end up paying expensive fees for violating policies. Are their venue parking regulations, or street-parking restrictions?

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A Breakdown of Post-Pandemic Contract Clauses

Smart Meetings

Take the space to reference the virus strains and differentiate epidemic-related termination versus pandemic-related, as well as corresponding government regulations. This especially applies to contracts with food and beverage vendors, security and third-party testing companies. Another way is through a liquidated damages clause.

Contracts 195
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Evolution of DMCs: Deeper Trust, Transparency and Understanding

Smart Meetings

DMCs bring knowledge of the off-site venues adhering to protocols and help deliver a clear understanding of the details of local regulations. And, like a general contractor, DMCs possess the skills, resources and vendor relationships to “build” the event. DMC Value. The letter also sets a time frame for progressing to a contract.

Proposal 162
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Evolution of the DMC: Renewing Business Relationships with Deeper Trust, Transparency and Understanding

ADMEI

DMCs bring knowledge of the offsite venues that are adhering to protocols and help deliver a clear understanding of the details of local regulations. And, like a general contractor, DMCs possess the skills, resources, and vendor relationships to “build” the event.

Proposal 182
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Event Risk Management: How To Plan for the Next Crisis

Bizzaboo

It’s preparing for the unexpected. Agreements with venues, vendors, and sponsors often have built-in clauses that accommodate the unexpected twists and turns of the post-COVID world. In that vein, consider purchasing event insurance, and be clear with attendees about your cancellation policies. It’s embracing adaptability.

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8 Key Things to Look for When Choosing a Destination Management Company (DMC)

CSI DMC

This extra layer of support can be invaluable during shortages, ensuring qualified staff, material shortages or vendor overwhelm can be more effectively mitigated. Finally, ask for contactable client references that are prepared to speak to the DMC’s creative process across multiple destinations and different event types.