Columbia, MO Event Planning Company - Event Solutions

Corporate Event Production Costs

Scenario:

Here is what an average corporate party for 100 would cost doing it your way or our way.

Do It Your Way:

Cash costs
Catering:    $1100
Beverages:    $700
Staffing:    $250
Invites and Postage:    $200
Entertainment:    $300
Décor:    $300
Venue (Optional):    $300
Rentals:    $200

Total Cash Costs:    $3,350

Employee Time Costs:
Secretary Sally (45 hrs):    $742.50
Assistant Andrew (30 hrs.):    $540.00
Paul from Marketing (22 hrs.):    $489.50
Jill from Marketing (18 hrs.):    $454.50
Frank from Accounting (14 hrs.):    $403.20
Janine from Finance (10 hrs.):    $325.00
V.P. Larry (7 hrs.):    $437.50
President Denise (5 hrs.):    $450.00

Total Time Costs:    $3,842.20

Your Grand Total:    $7,192.20

*Note: Time costs calculated by taking average hourly cost for each position. Costs ranged from $33,000—$180,000. Costs include salary, taxes, and benefits and does not include bonus. A more detailed break-down of costing is available upon request.

Do It Our Way:

Planning Costs:    $1,875
Production Costs:    $3,350
Service Fee:    $670

Our Grand Total:    $5,895

*Note: Service Fee is calculated based on a 20% of production costs. This covers transportation, set up, clean up, pre-event storage, etc...

Bottom Line: Had a Great Event, You Saved 19%, and Your Employees Stayed on Task