Ep. 154 - 10 Ways Your Retreat Budget Gets Blown: A Guide to Staying on Track and Profitable

In today's episode, I dive into the top 10 budget busters that retreat hosts face and how to avoid them. From choosing the right location to managing food and swag costs, I share practical tips to help you stay profitable while delivering an amazing retreat experience. Whether you're a seasoned host or planning your first event, these insights will set you up for success.

 

Key Takeaways:

1. Location Selection: Opt for budget-friendly destinations that align with your retreat's theme.

2. Room Blocks: Approach room blocks cautiously to avoid unnecessary costs.

3. Budgeting: Know your break-even number and track expenses closely.

4. Food Costs: Be strategic with meal planning to minimize waste and expenses.

5. Hotel Expenses: Understand all potential costs associated with your venue.

6. Team Expenses: Budget for your support staff's travel and accommodation.

7. Swag: Choose meaningful and cost-effective swag items.

8. Alcohol: Use drink tickets to control alcohol consumption and costs.

9. Event Size: Start small to manage costs and gain experience.

10. Self-Care: Prioritize your well-being to ensure a successful event.

 

Links:

Join my Free Mastering Retreats Workshop Series: amberhousley.com/retreatworkshop

Explore my Invite & Delight Retreat Planning Program: amberhousley.com/inviteanddelight