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5 Tips for Hosting a Business Event in 2024

Claire by Claire
January 8, 2024
Reading Time: 3 mins read
5 Tips for Hosting a Business Event in 2024
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If you want to host a business event then you have come to the right place. This guide will tell you all of the things you can do to make your business event a huge success.

Start Planning Early

One of the main things you need to do is start planning early. Make sure that you have all of the right staff working for you and also get your venue booked in too. Starting early allows you to tackle everything carefully and it also saves you from having to deal with a frenzy at the last minute. It’s never too early for you to begin the planning process, but if you want a sweet spot then you ideally need to get things in motion around six months ahead of time. If you need staff to help with your event then hiring a team of event staff from events recruitment agencies like Event People could be a wise move. They have access to a pool of talent, from brand ambassadors to temporary event managers and more.

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Set SMART Goals

Another thing you need to do is take the time to set SMART goals. Do you want to establish authority? Do you want to try and become a thought leader within your sector? Do you want to increase awareness and build trust? Little things like this can help you to come out on top and they also allow you to build a lot of trust too. Regardless of this, when you can understand the general motivation behind your event and what you are planning, you can then make the right decisions with everything and follow through as a result. Setting SMART goals will offer you numerous benefits. It helps you to achieve your goals while making sure that they are time-bound and achievable.

Create an Attendee Persona

If you can identify your audience then this will help you out more than you realise. You need to devise an attendee persona too as this will give you a representation of who is going to come to your event. It helps to define characteristics as well as their likes and dislikes. Having a clear picture of your event attendees will help you to define your event and it will also help you to determine which key speakers you want and why. If you know that you want some C-level executives to attend your event then make sure that you choose a venue that is suited to your needs.

Plan the Big Day

At the end of the day, you have to plan. One of the hardest parts of planning an event is making sure that everything goes to plan. One thing you can do is understand your target audience and what they want. You might also want to take the time to understand your SMART goals a little more. Other stakeholders, including sponsors and vendors, will influence your decision-making process, so make sure that you account for those where possible. Even if you do have to make certain compromises, it’s a good idea to make sure that you consider your goals and any feedback you may get. By doing this, you can then make sure that your event is a success as much as possible.

Create a Budget

An effective budget will always help you to reduce any expenses that you might not need to pay.  With that in mind, it can be tricky for you to do this though. If you want to get some help with your budget then it may help you to estimate how much you intend on spending on venue rental, catering and event speakers. List any must-haves for your events and gather data from your previous events if you can. By doing this, you can then get a ballpark figure.

From there, you can then get quotes from a lot of different vendors and caterers. This will help you to get the best rates. As a general rule, you should not be paying out for companies that are overpriced or that do not reflect your budget properly. If you do then you may end up making a huge mistake and this is the last thing you need. If you want to work around this then take the time to plan now.

Claire

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