“The following is a continuation of my Event Development Series. Several months ago, I started the series with the first section, “Initial Development” The second section is entitled “Research and Preliminary Planning”. Now that you and your team have decided to proceed with the event, it’s time to get serious! As suggested previously, any thoughts and idea are more then welcome!”
Research and Preliminary Planning
“Monies Needed During the Event”
7. Miscellaneous: Depending on what you are planning on offering, there could be a number of other expenses. Some examples could include:
· If you are offering food services, you will need to purchase food in advance or during the event. Unless you have a friendly (and trusting) grocer, you will need to pay for the food at time of purchase.
· Again, if you are providing food and drinks, you will need to store them in a safe, cool place. Unless your event has access to a free cooler, you will need to rent a cooler. For pop, you will need to purchase ice. All this will likely cost money up front or during the event.
· If you are serving liquor or are having a “beer tent”, you will need to pre-purchase all your liquor. If you don’t order enough in advance, you may need to purchase extra during your event. All this requires cash.
All in all, there is an awful lot to think about and research once you start down the road of event development! As you progress in your festival or event planning, you will likely find many more areas where money is an issue. However, the more finite you make you research and planning, the better your festival or event will be!