How To Start An Events Planning Business

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Advertise in the local paper, phone book and hand out business cards to everyone you meet.

Network with wedding and event vendors in your area to see if you can work out special pricing for client referrals.

Speak with an accountant if you need assistance with bookkeeping or have questions about filing taxes for your business.

Write a simple business plan to maintain the focus of your business.

If you’ve been sitting at your desk daydreaming about the glamorous life of owning your own events company, it’s time to wake up! Although experience in the event planning industry can be extremely useful, it’s not essential.

Starting up any business can be brutal in this socioeconomic climate and to be successful you have face reality – hard work, long days (and nights), and a whole lot of networking! During your career you will have gained some transferrable skills that you can apply to your event planning career.Offer to plan an event for a local organization, such as a charity or church event, for free to get your name in front of others. Specializing in technology, crafts and business practices, her articles appear on e How and Answerbag.Long has also been published in user-training manuals.Consult with a lawyer to draw up contracts to use between you and your clients.Because event planning can be an emotional activity, you will want the client to sign a contract to ensure that you still get paid if they decide to bail on the project.” There’s really no magic recipe for success in starting out on your own.Everyone’s journey is different, but there are key elements to their success. Get experience - This is the first tip that you will come across when you want to start out.List important aspects of your business, such as how much you will charge for your services, who your competitors are and what sets your business apart from theirs that will make clients want to choose you.Include financial analysis to determine how long it will take you to break even and start making money for your business, and what areas you will need to re-invest in to make better.If you are extremely organized and have a strong attention to detail, a career in the wedding and event planning industry might be right for you.According to Entrepreneur, an online source for business information, the startup costs for becoming an event planner are less than ,000 and it is a business that can be operated from your own home.

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