I was going to start this post with "If you're looking to cut costs on meetings and events..." until I re-thought it and realized, Who isn't trying to cut costs on meetings and events these days? So, I'll just simply say that when looking for a cost-friendly and suitable location for your events, don't overlook the value of restaurants. Here are five advantages restaurant venues offer to your meetings:
• Decor. Restaurants already have a distinct, appealing ambiance, which means there's little to no need for you to devote a chunk of your budget to decor costs. Fine silverware, paintings, floral arrangements, potted plants and other attractive features are usually pre-existing elements of a restaurant's interior, so you're not working off a blank canvas as you would at other facilities.
• Diversity. Many restaurants can adapt to any size and type of meeting, whether you want an intimate dinner in the wine cellar or a casual reception on a large patio. If you're downsizing your meetings but have an existing relationship with a restaurant chain, they can quickly accommodate you thanks to varied room options and divisible spaces.
• Buzz. Restaurants do plenty of their own marketing, and as such most establishments have already formed a reputation. This means some of the event promotion is already done for you. After all, it's a lot easier to convince guests to attend your event when they've been wanting to visit the hottest new bar and lounge that everyone has been talking about.
• Convenience. For shorter meetings or those held in the morning or during the lunch hour, restaurants offer the advantage of convenience to your attendees. It's easier to get a commitment from busy professionals to quickly drive in and meet for an hour or two, have a meal, then return to work—especially when that time would have been used for lunch or coffee breaks anyway.
• Cost. Perhaps one of the biggest advantages of hosting your event in a restaurant is the cost advantage. A number of eateries don't charge room fees so long as you purchase meals. On top of that, per person meal costs are often less than those found at hotels.