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Chapter 5 Event budgeting and financial health

DOI: 10.23912/9781911635871-4963

ISBN: 9781911635871

Published: January 2022

Component type: chapter

Published in: Reimagining and Reshaping Events

Parent DOI: 10.23912/9781911635871-4918

10.23912/9781911635871-4963

Abstract

A critical determinant of successful event management is the capacity to predict and monitor event costs and revenues. Cost blow-outs or lower than expected revenues can significantly impact an event’s financial performance, turn an anticipated profit into a loss, create major cash flow problems, and impair the financial health of an events business.

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Wrathall & Steriopoulos, 2022

Wrathall, J. & Steriopoulos, E. (2022) "Chapter 5 Event budgeting and financial health" In: Wrathall, J. & Steriopoulos, E. (ed) . Oxford: Goodfellow Publishers http://dx.doi.org/10.23912/9781911635871-4963

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Published in Reimagining and Reshaping Events

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