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Budgetary Concerns in Event Planning

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What are some budgetary concerns in planning an event? What is the effect of a needs assessment on the budget? What effect do unplanned expenses have on the budget? How might you anticipate for unplanned expenses?

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Solution Summary

This solution explains the most common budgetary concerns in planning an event. The effects of a needs assessment on the budget and the effects of unplanned expenses are also discussed in relation the event's budget. Ways to anticipate for unplanned expenses are also discussed.

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There are always budgetary concerns in event planning and the main reason is due to the high cost of goods and services needed for various events. The cost of services can run very high and if the budget is not properly planned, the planner runs the risk of not having the required amount of money allocated in the budget for other services ...

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