Most event professionals know how much their meetings cost. But do they know how much their meeting contracts cost? Do they know that there are expenses buried in "standard clauses" just waiting to break the budget? While identifying those hidden costs won't necessarily eliminate them, it can help an organizer to negotiate more favorable clauses or, at least, to create a realistic budget.
So what are these hidden costs? Some aren't so hidden, like cancellation fees, slippage charges,