As meeting planners or suppliers, some of you probably have a home office like I do. The IRS now offers a simplified method to give you a tax deduction for it. You might have heard something about the home office deduction in the past. And you may think this might lead to increasing your chances […]
Determining best practices for service charges, gratuities and tips continues to be an area of confusion in the event and meeting industry.
Planners asking speakers to present at an event–for free–is nothing new in the industry, but the topic is getting more consideration as of late. In those discussions, some common threads are emerging, but it is clear that the industry is divided on this issue. Here are some scenarios and ideas that you may have encountered and how best to manage them.
If you want to become master of your personal and professional finances, you have to make friends with your spending habits and Excel spreadsheets.
The financial aspect of our jobs isn’t easy, and it isn’t one that comes naturally to everyone. But we’re all expected to do it and do it well.
The acrimony over expenses continues, but not only meeting planners should be under fire.
Or, how to sell more exhibit space and keep everyone happy.
Meetings and event expenditures can represent up to 60 percent of a company’s transient business travel costs and 1.5 percent of its revenues, but many companies don’t have a cohesive meeting and event spending strategy. If they did, they could save an average of 10 to 25 percent of that meetings and event spend annually, […]
Last month, I led a session called “Making Cents: Cost-Saving Measures to Improve Your Meeting’s Bottom Line” at MPI’s Cascadia Educational Conference (MPI-CEC) in Tulalip, Wash. During the course of the session, we tackled many challenges the meeting professionals in attendance were facing. Here are their questions along with some of the solutions we found. […]