With the right electric tug moving equipment, such as Spacepac XL-H400 Battery Electric Tug, fewer employees could haul larger loads at one time.
Event planning is an all-encompassing term with several moving parts.
On the one hand, it takes disciplined planning, budgeting, research, social skills and creativity to pull off a successful event. Whether it’s for a corporate outing, a small party, a large convention or any other gathering, an event planner must take many factors into account.
However, there’s another side to event planning that isn’t quite as romantic or glamorous: moving lights, speakers, stages, podiums, chairs, tables and any other equipment the event may require.
This should be a serious consideration for anyone in the event planning business. Without a strong equipment moving plan in place, all the time spent budgeting and ensuring punctuality could go out the window.
One study completed by Certified Special Events Professional Dr Joe Goldblatt concluded that about $500 billion is spent on event planning around the world every year. However, the average profit margin for each project came in at only about 15 per cent.
With enormous potential for larger profits, event planners may need to rethink their strategies, adopting a more lean approach akin to what the global manufacturing industry has seen in recent years.
Perhaps one way to cut down on costs and increase margins is to do away with unnecessary workers. With the right electric tug moving equipment, such as Spacepac XL-H400 Battery Electric Tug, fewer employees could haul larger loads at one time.
This one change would spell huge differences. The total cost of putting on an event would be lower, making the organisation more marketable, and the reliability these products would bring could send customer satisfaction even higher.
Event planning certainly takes brains, but when this is paired with the right form of brawn, it can lead to enormous profit margin increases and business growth.