Business Ideas

Event planning business idea

I can see an organized as well as a creative entrepreneur in you. I am glad that event planning business idea caught your valuable attention. Let us learn about it in detail.

Event planning industry is something that has gained a sprinting pace in the last two decades. Many event managing companies have sprung up around us. Therefore, it can be inferred that the demand has increased for such services. Everyone wants to party but without taking the headache of organizing it. And not only parties but also events like conferences, meetings, competitions etc, everything needs proper planning. A reputation is attached to every such event. Any sort of failure in executing the event properly damages the reputation as well. Event organizing comprises venue, food, decoration, and a hosting staff. Everything has to be perfect to create an impression.

Are you someone who used to organize events in college or someone whom every family member can rely on for organizing birthday parties? If yes, then the event planning could be your thing. But how this can be a business opportunity for you and that too with low investment? It is a very simple thing to understand. There are people around you who are looking for budget-friendly event planners. When they fail to find one, they anyhow manage the things themselves. You can start your business by serving those people. An affordable event planner in the neighborhood is all that anyone can ask for. It is less on the investment side because it only requires a point of contact. You need not have an office as you can do this business with just your phone.

When and how

In order to proceed with the event planner business idea, you need to develop contacts. As mentioned earlier there are various aspects involved in an event planning business. You are required to have a wide range of contacts with caterers, decorators, hotels etc. Once you have developed that, you are good to move ahead.

You have to start with small assignments to establish yourself. You can serve your peers by organizing small family functions, competition events or any such other programs for them. Advertise yourself as an event planner in social media to get more clients. At first, you have to depend on your clients’ recommendations and feedbacks. But once you have established yourself successfully you will never be out of work. It is because whether small or big, events keep coming in our lives to add happiness to it. And you with your services can make sure it happens as expected.

About the author

BusinessUpdater

An MBA in HR and Marketing from AIMS Institute (Bangalore University), He heads digital business he has a rich experience that he has garnered from his previous organisations Including leading Banks, NBFCs & Genpact India. He is a serial entrepreneur and the founder of Heavy Group of Companies.

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