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Venue Sourcing for a Corporate Event

Updated: Dec 6, 2023


Venue sourcing for corporate event

When planning a corporate event, one of the most critical decisions is selecting the perfect venue. The venue sets the stage for the entire event, impacting the atmosphere, logistics, and overall success. Proper venue sourcing is not just about finding a place that fits your budget, but also about ensuring that the venue aligns with the event's objectives, audience, and theme.


We’ve outlined our venue sourcing process below which contains several steps to ensure the perfect location for our clients when it comes to planning corporate events:


1. Define Your Event’s Objectives and Requirements

Before we dive into the search, we make sure to clearly understand the objectives of your event. Is it a team-building workshop, a product launch, a training seminar, an annual company gathering, or something different? Different events have distinct requirements.


We then list out the specifics:

  • Attendee capacity: Estimate the number of attendees and ensure the venue can comfortably accommodate everyone.

  • Technical needs: Does the event require projectors, microphones, stages, or specific lighting?

  • Layout: Consider the need for breakout rooms, main halls, or exhibition spaces.

  • Accessibility: Ensure the venue is accessible to everyone, including those with disabilities.


2. Location, Location, Location

The venue’s location can influence the turnout. We consider:

  • Proximity to the office: A venue close to the company’s main office can increase attendance.

  • Transportation: Ensure there are good transportation links, and if most attendees are flying in, proximity to the airport can be beneficial.

  • Parking: A venue with ample parking space or nearby parking facilities is always a plus.


3. Budget Considerations

As event experts, we understand budgetary constraints. We break down the budget to include not just the venue rental but also catering, technical equipment rentals, decor, and any other miscellaneous costs.


4. Ambience and Brand Alignment

The venue should resonate with the company’s image and the event's theme. A tech startup might opt for a modern, innovative space, while a law firm might choose a more traditional setting. All of this is taken into account during the process.


5. Amenities and Services

Some venues come equipped with amenities and services that can save our client’s time and money:

  • In-house catering: If the venue provides food and drink services, it can simplify logistics.

  • Equipment: Venues equipped with audio-visual equipment, seating arrangements, and other necessities can reduce the need for external vendors.

  • Staffing: We check if the venue provides security, concierge, or event planning assistance.


6. Reputation and Reviews

Thoroughly vetting locations is crucial. Online reviews, testimonials, and word of mouth can provide insights into the venue’s service quality. Because of the volume of events we manage, we know exactly what to look for.


7. Site Visits

We always conduct site visits as pictures can be deceiving. Physically visiting the space allows us to gauge the size, check the facilities, meet the staff, and get a feel for the place. This step is also crucial to plan the flow of the event and visualize the setup.


8. Flexibility and Backup Plans

In the era of uncertainties, flexibility is vital. We check the venue's cancellation or rescheduling policies. If you're planning an outdoor event, we ensure there's an indoor backup available in case of inclement weather.


9. Contract Clarity

Once we’ve chosen a venue, we ensure all discussions are documented, from the rental fee to overtime charges, and check for any hidden costs or potential areas of dispute.


10. Post-Event Analysis

Feedback is an important part of any event. After the event, we evaluate the venue's performance. Were there any issues with the facilities or staff? Did attendees find the location convenient? This analysis will not only help in providing feedback to the venue but also in making better-informed decisions for future events.


Venue sourcing for a corporate event goes beyond just finding a beautiful place. It involves ensuring the venue aligns with the event's goals, provides value for money, and offers a conducive environment for the event's activities. By taking a strategic approach to venue sourcing, we can ensure the perfect setting is selected for a successful and memorable corporate event.


Learn more about venue sourcing and contract negotiation here. When you’re ready, send us a message with your event questions by contacting us here.

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