Our Big Events Spotlight
- CFA Texas 5th Annual Investor Summit: another successful conference for our CFA societies. We had 230 attendees listen to fifteen industry experts and interact with twelve sponsoring companies in the exhibitor hall.
- CFA Houston Annual Forecast Dinner & CFA Austin Annual Investment Dinner: these two events went off without a hitch! Houston pulled in $46,500 from 25 sponsors and entertained 350 attendees. In Austin, a panel of three speakers spoke to 300 registrants. Twenty-seven companies came out to support the event, raising over $56,000.
- Society of FSP Woodson Award Banquet: boasting the highest attendee count in years, this banquet raised $11,000 in sponsorship money.
- FEI Houston Academic Honors Day: In February this organization in conjunction with the FEI Houston Scholarship Foundation gave out $60,000 in scholarships to 12 local schools in a special dinner held at the Houston Country Club.
There's Money in the Details
As we all know, money is one of the biggest concerns of running an association. Making money is hard but holding on to it can prove to be just as difficult. Over the years, we have seen how small decisions can be costly down the line, whereas others can turn an event from breaking even to being profitable.
When it comes to events and meetings, there are several ways to cut down costs to ensure a good margin. Shopping around to compare pricing and food and beverage minimums is highly recommended. It is surprising how much the price for the same room in a venue can fluctuate. For example, one venue we use charges more for a Tuesday or Wednesday night event than they do for an event hosted on a Monday night. Knowing this allows the you to make decisions on when to schedule meetings, choosing the cheaper option when possible. If your group likes to meet weekly, these savings can add up quickly!
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