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Event budgeting: Common event budgeting mistakes
As event planners, our budget is our best friend. With so many of the most classic event mistakes being related to bad budgeting, we know that having a solid, well thought through, comprehensive budget is absolutely key to staying on track and ensuring that your event goes off without a hitch. Here, we discuss some of the most common event budgeting mistakes, and how to avoid them.
Mistake 1: Not staying on the ball
We’ve said before that your budget should be viewed almost as a living creature (prone to growth and change), but that doesn’t mean you can’t keep a leash on it. Don’t be afraid to update your budget as new needs or costs crop up, but just make sure that you’re keeping it updated with these changing details in order to ensure that you don’t forget anything or overspend. Mistakes happen when you leave out costs, and they’re the kind of mistakes that you’ll definitely pay for later. Read our blog for more common event budgeting mistakes to avoid when putting together your next budget: https://www.wrxgrp.co.za/common-event-budgeting-mistakes/
Worx Group is a leading live and virtual experiential agency that combines strategy with design, digital and production, to create effective brand experiences that engage audiences and ensure return on investment.
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