As Austin’s premier events planning company, Red Velvet Events knows what it takes to succeed in the industry. A big part of our success is about giving our clients what they want, to the letter! And that got us thinking about the ABCs of RVE and professional event management. This is the latest in a series of posts which we hope will spell out success in this business – from A to Z!

P is for Pricing.

Conversations around event pricing can be tricky, especially for clients working on their first major event. Some prefer for pricing to be clearly laid out in black and white from day one. Unfortunately, pricing for events doesn’t always work that way. There are so many variables for each event—including changes and new directions from the client—and this makes quoting a flat fee very difficult. Offering a range of general pricing is one way to proceed, while some clients prefer for their meeting planner to charge by the hour. And keep these competitive pricing tips in mind!

Q is for Questions.

We firmly believe that there is no such thing as a stupid question in the event planning industry. A successful event planner will want to know everything there is to know about the event he or she is planning—and a satisfied client will have all sorts of questions for its planner. Keeping the lines of communication open is key to pulling off the most successful event. So if you have questions, ask us! We’re happy to answer them.

R is for Risk Management.

While it’s always crucial to have a Plan B just in case your main plan for an event falls through, at RVE we know how important it is to have Plans C, D and E as well. And we’re not just talking about inclement weather plans. What happens if the hotel loses all power? What if a door hits someone in the face and they get a bloody nose—or even worst have a heart attack during your conference? Not everything can be prevented, but RVE is seasoned in preparing for almost any disaster that could befall an event. The bottom line: Avoid risky business with effective risk management.

Next month, we continue the ABCs of RVE. Click here to review your lesson!