For years, Morton's The Steakhouse, has been a highly successful national restaurant chain. Known for steaks, Morton's caters to many businesses that host meetings and other corporate events.

Barbara A. Rodriguez (pictured at left), Sales & Marketing Manager of Morton's, in New York, offers tips for throwing corporate events when budgets are still tight--while offering guests great food in an urbane environment.

Stylish surroundings save money: Start with an attractive setting. "Look for a space that is already well appointed and that will need little-to-no decoration," Rodriguez advises. Selecting an attractive environment means "that you do not have to outsource this service as well."

Anticipate everything you'll need: One of the best ways to save money is to "consider locations that are all-inclusive," says Rodriguez. "If you're going to need audio/visual equipment, a restaurant such as Morton's can offer you that in-house. Therefore, costs are lower than they would be if you had to secure equipment and services on your own."

"Find a venue that has well established vendor partnerships. That way," she maintans, "you eliminate costs associated with outsourcing."