It’s an EPIC Q&A Day here on The EPIC Event Podcast. On this episode we are answering your questions and providing practical tips and solutions to help you host a successful event. Today’s question comes from Dee Dee.
Q: If you have a budget, what’s the range of percentages you should set aside for a planner?
A: Love this question and all things budgeting. On average your planner may be around 10-20% of your budget. All planners are not created equally so this can vary. Oftentimes I recommend starting with priorities as opposed to percentages. This can be accomplished by organizing your list of potential support partners and creative partners and ordering by priority. If you have a smaller budget, I advocate for you to put a photographer and videographer high up on that list. As you grow, look to monetize more and value stepping out of the weeds on things, investing in a great planner will rise to the top.
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Thank you for listening to The EPIC Event Podcast. If you like what you’re hearing, drop us a review or share with a friend. This has been a B Carroll Events podcast. For more, head to www.bcarrollevents.com/podcast
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