Why Most Event Budgets Fail Before the First Invoice
Here's something no one talks about — budget templates don't work because they're built for perfect scenarios. But events aren't perfect.
A vendor cancels. Weather forces a venue change. Attendance swings by 20%. Your AV needs double the power draw you estimated.
We've tracked over 300 corporate and community events across Australia since 2021. The pattern is clear: successful budgets aren't just spreadsheets. They're living documents that anticipate friction points, build in contingency where it matters, and connect financial decisions to actual logistics.
Example: A Melbourne corporate conference budgeted catering at $65 per head. Final cost? $89 per head — because they forgot about service fees, equipment rental for outdoor service, and last-minute dietary accommodations. These aren't edge cases. They're the norm.