A small business owner hosting an event for the first time is likely to hire an event planner in order to keep costs down. An event planner might seem like an unnecessary expense. But that's not necessarily. But there is more to think about than just the initial outlay when you hire an event professional. A seasoned event planner will have working relationships with venues and suppliers, so can get discounts and special pricing that just aren't available to the general public. A event planner also has the experience of which are the areas where cutting costs is appropriate and is likely to save their clients time and some unnecessary expense. Note to mention helping relieve high levels of stress. [Related: Need a Loan for Your Small Business? Try A Community Banker] The Young Entrepreneur Council (YEC), an invite-only organization comprised of the world's most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses. YEC asked members of the Startup Collective: What important characteristics do I need to look for in an event planner hire? Here are their insightful responses: Energy "Your organization lives by core values, and your event planner should exude those in spades. We are guided by love, honesty, joy, momentum, growth, brilliance and community. Everyone we hire has to naturally live those values. It's the same with an event planner, but it's even more important because his energy will be infused into your event and the experience he creates for your people." Corey Blake, Round Table Companies Attention to Detail and Execution "An event planner can make or break any event. Attention to detail and execution are two extremely important "must haves," along with a "no-excuses" mentality. Great event planners are naturally strong-willed, good listeners and can make amazing things happen." Parker Powers, ParkerPowers.com People Skills "Event planning is all about working with people -- often while under stress. An event planner has to have a level head when working with others in coordinating an event, especially since event success relies on relationships. Try to find an event planner who knows how to work with people well when things are coming down to the wire." Brett Farmiloe, Markitors Creativity and Detail Orientation "As an owner of an event marketing company, I can tell you a great event planner has the ability to think big creatively and simultaneously has OCD when it comes down to the tactical event details. It's a unique combination that is rare to find in the average person, but it's what separates a great event planner from just someone who plans events." Alex Frias, Track Marketing Group Trust "You're hiring an event planner because you don't want to do it yourself. If you need to micromanage him, however, it defeats the purpose. Spend the time interviewing and speaking with references until you're sure that you trust the person you hire to execute your vision. Then, let go." Alexis Wolfer, The Beauty Bean Continue reading on the next page... Experience and Specialization "When hiring an event planner, you want to know exactly what experience he has and what kind of events he specializes in. Look at what past events he has thrown. Were those events on the same scale as what you're trying to achieve? You want to hire someone who fits your specific needs and can prove it. You don't need a celebrity event planner for a professional networking event." Robert De Los Santos, Sky High Party Rentals Connections "You never want to hire an event planner who's not well-connected in your niche. Prior experience is a plus, and a positive attitude is a must." John Rampton, Due An Upbeat Personality "Your events will be a reflection of your event planner's personality. Make sure that you would want to go to an event featuring that person before hiring him." Josh Weiss, Bluegala An Understanding of Your Vision "You can always find a person to execute what you think you and your company need. A good event planner will understand your vision and goals and extend beyond that to provide you with what you asked for and more. Your event planner should be an ROI master with attention to detail and a true people person." Nicole Cohen-Nelson, BENG! Organization "Organization and timing are key for event planners. There are a lot of details flying around, and everything tends to converge at a single point in time. The unorganized event planner will be flustered and find it hard to be consistent in staying up on specific tasks that need to get done for the event. In the end, he'll typically drop the ball on several issues during the event." Andy Karuza, SpotSurvey Drive "The event planner shouldn't be satisfied with the status quo. You want to make sure his top priority is making your event as good as it can possibly be. Experience and relationships are also important -- it will make his job easier and your event better." Carlo Cisco, SELECT A Strong History "Never hire an event planner before you are able to personally speak to a handful of past clients. Past references and reputations are everything in the event-planning business. Choosing someone with a strong history and connections will allow you to have a wide range of choices and vendors to choose from for your event." Kim Kaupe, ZinePak