5 WAYS TO SAVE MONEY ON AN EVENT PT. I
A & H | Calile Hotel Brisbane | Photograph @megankelly.studio
So you’re looking at hosting an event but feel overwhelmed by how much it’s going to cost you. Here are 5 simple ways you can reduce the cost of your event without compromising on style.
REDUCE YOUR GUEST LIST
The more people you invite, the more space you need and the more mouths you have to feed. Reducing your guest numbers will make the biggest impact on your event costs. Intimate events are predicted to overtake large soirees in 2025.
LOOK FOR PACKAGES
We all have a vision, but customisation generally increases cost. Try to source elements from as few event companies as possible. Doing so will prevent paying multiple delivery and labour fees. Similarly, opt for venues that offer furniture and tableware to avoid the added cost of outsourcing.
NEGOTIATE BULK RATES
Have a vendor that you love and intend on using for multiple events like your engagement party and wedding? Ask them about the possibility of a bulk rate. You may have to fork out a large sum initially to cover this cost, but it’ll be more affordable in the long run.
SUBSTITUTE
Ask your event vendors about more affordable alternatives. Faux florals are much more affordable than fresh florals, will survive hot summer weddings and aren’t restricted by seasonal growth.
EVENT DATE AND TIME
Venue hire is often cheaper mid week than on a weekend. Further, lots of venues require events to be packed down the same day. Vendors have to charge after-hours fees in these cases. If you’re set on your venue, consider having it on a weekday or finish in the afternoon.