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Christmas Party Event Management Plan

   

Added on  2020-04-21

10 Pages2164 Words69 Views
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Running head: FINANCIAL DECISION MAKING FOR CREATIVE PROJECTS ANDEVENTSFinancial Decision Making for Creative Projects and EventsName of the University:Author’s Note:Course ID:
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1FINANCIAL DECISION MAKING FOR CREATIVE PROJECTS AND EVENTSTable of ContentsIntroduction:....................................................................................................................................2Depicting the overall market research of similar events and drawing relevant conclusion from thefinancial exposure:...........................................................................................................................2Sources of finance for the event:.....................................................................................................3Discussing the relevant income streams:.........................................................................................4Illustrating and discussing the proposed event cost, revenue, return on capital employed, andbreakeven:200..................................................................................................................................4Mentioning the pricing of the event including different pricing strategies:....................................7Recommending the most appropriate source of finance, relevant income streams and pricingstrategies:.........................................................................................................................................8References and Bibliographies:.......................................................................................................9
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2FINANCIAL DECISION MAKING FOR CREATIVE PROJECTS AND EVENTSIntroduction:The report includes relevant events description, which could help in generating highincome for the event company. The overall valuation of event location, type and facilities offeredis also depicted in the report. Therefore, the event that will be conducted is Christmas Party,which has been conducted for many years in UK. The event is mainly aimed to be conducted inChristmas at Le Pont de la Tour’, which is situated in ‘The Butlers Wharf Building, 36D ShadThames,London,SE1 2YE’. The event venue mainly consists of Meeting rooms, conferencecentres, party venues and wine cellar, which could be an adequate place for the Christmas party.Moreover, the facilities such as DJ party, 5 hour unlimited beverage, Continental menu,Christmas theming, crackers and novelties. The identified services and venue space mainly statesthe relevant measures, which could directly help in generating the required level of profitabilityfor the event company.Depicting the overall market research of similar events and drawing relevant conclusionfrom the financial exposure:Christmas events in UK is one of the major activities that is been conducted in winter,which allow the event management companies to increase their profits by attract adequate levelof customers. There have been many events with different types of themes, which are conductedin Christmas by the event companies. In addition, these similar events in Christmas have beenconducted by the company, which mainly allow the event management companies to generatethe required level of profitability from investment. The events conducted in London MarriottHotel County Hall, BFI IMAX and The Deck, and Blueprint Cafe mainly provide higher revenuefor the event management companies. The identified events were mainly successful providing
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