01 Jan 2026

Optimising surplus and managing financial risk for association events

Whether events are required to breakeven or expected to generate a profit, it is important to review how event surplus can be optimised.

Whether events are required to breakeven or expected to generate a profit, it is important to review how event surplus can be optimised. Routes to delivering a good financial outcome include:
  • Cost management and minimisation – where can costs be reduced, particularly on wasteful or unnecessary elements?
  • Effective contracting – getting value for money from suppliers and no nasty surprises!
  • How can delegate income be improved – what can be added to create higher spend without damaging the credibility of the event?  Workshops, awards, hospitality events.
  • Return on Investment – what should we be aiming for?

Ref: ACUK18/TLK-7548

Speaker

Lorraine Reese
Lorraine Reese

Director of Events and Marketing, Biochemical Society

Lorraine began her career at a corporate events agency but has spent over 25 years working for a range of prestigious associations and learned societies. As Director of Events and Marketing at the Biochemical Society, Lorraine has strategic oversight of the Society's programme of events, Awards and grants schemes, and marketing and communications activities, as well as managing specific projects across the Group.