Event venue managers and owners have to take on many different roles in order to shape their businesses into successful hubs of activity for guests. In a single day, your work might take you from bookkeeper, to inventory manager, to crisis counselor if an event goes wrong. One often overlooked role for managers of event venues is that of community outreach…
Selling Alcohol as an Event Venue in Illinois
Providing alcohol at your events can be a lucrative addition to the services you already offer as a venue. Renters and guests see it as a bonus on your list of amenities and will be relieved that they don’t have to provide their guests with alcohol themselves. If you do decide that selling alcohol is right for your event venue, make sure you research the requirements associated with buying from distributors and selling to guests…
Are You Setting the Right Venue Rental Rates?
Pricing yourself competitively is tough for most business owners, especially when you’re in the event venue business. When you set your prices, you need to include everything that a client will receive, both leading up to their event and on the day itself. In other words, you have to charge what your business is worth. That includes your expertise as an event manager, as well as all your venue’s extras like seating and catering…
6 Creative Ways to Generate Revenue for Your Event Venue
5 Risks of Running an Event Venue
Understanding the risks involved in running an event venue business is an important part of planning for success. An event venue can bring in thousands of dollars in rental fees for an owner who enjoys serving their clients’ needs, but event venues are also characterized by high overhead and operating expenses…