Budgeting and Financial Management for Meeting Managers
Regardless of an event’s size or budget, financial goals rank high in importance for meeting sponsors. This course looks at this financial management process—from developing a budget to analyzing the return on investment. Discuss the many forces at play in successful financial management for meeting managers. Topics include fixed and variable cost controls, exploration of a variety of revenue streams, and the strategies for managing the variances in profit-and-loss expectations. Using Microsoft Excel, learn how to track expenses, create data reports, and format a proper budget.
You'll Walk Away with
- An understanding of the importance of long-range planning and its effect on financial management
- The principles and skills necessary to assess a program’s return on investment
- Hotel and event managers
- Conference center and other event venue managers