You own your own Event Company called, “Rave Reviews”. The company has the opportunity to provide a financial quote for two major parties. Having experienced some financial difficulties in the first year of operation of your company, you want to ensure that you choose the most feasible of event for which to prepare a proposal and produce the winning quote. Event #1: The first party is for a top celebrity and will be held at her beachfront mansion. The party will be outdoors, and the goal of the party is to transform the garden area through use of a spectacular theme. The party will be attended by 350 guests and a lavish dinner is expected.

Event #2: The second party is for a Tractor and Farming Equipment Company celebrating their fiftieth year of operation. It is for 500-600 people. The party will be held in a large airport hangar out in the country. Food will be simple and alcohol will be served. Décor is not important, as the entertainment will be the focal point of the event.

Questions
1. Choose which of these two events you would be interested in planning.

2. Describe why this event is the most feasible, given your company’s current financial status.

3. Create a price quote that includes the following:
a. The event’s potential profitability
b. A sample event budget