Starting A Event Planning Business

Starting A Event Planning Business-87
Unlike other startups, a party planning business does not require much capital or dedicated space.

Unlike other startups, a party planning business does not require much capital or dedicated space.

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"It's important to understand how much work is involved in planning events, both with the prep work that takes up to weeks in advance down to the setup and breakdown, which can be backbreaking work," said Seri Kertzner, co-creator of Little Miss Party Planner.

If you're new to the business, it may be easier to get started in the social market.

If you're the organized creative among your group of friends, hosting gatherings or planning nights out, you might want to channel that passion into a career.

You don't have to be the life of the party to put together a successful soiree.

The two big hurdles are establishing your credentials and getting the inroads with clients.

Once you have that, successes tend to build on one another and you can can find yourself very busy. Beginning experience can range widely as there are so many kinds of events, include working in catering, being a florist, volunteering for nonprofits, being an executive secretary who managed corporate meetings, working in a personalized gift operation and working for an established event planner. Become the fundraising chairperson for a nonprofit instead of just a volunteer. Take on a lead role for your event planning operation. The International Special Events Society offers a Certified Special Events Planner credential, which can help you learn a few tricks and establish your credibility with clients. Go through your state secretary of state if you plan to create a corporation, limited liability company or limited liability partnership.Not only are you more likely to find clients among friends and relatives for social events like weddings or graduation parties, you'll also gain valuable experience in negotiating and organizing that will be useful in the high-pressure world of corporate planning.Mindy Weiss, creator of Mindy Weiss Party Consultants, recommends sticking with a broad range of events, especially when you're first starting out.Clients with major events prefer to use planners and vendors who work well together.Eric Feigenbaum started his career in print journalism, becoming editor-in-chief of "The Daily" of the University of Washington during college and afterward working at two major newspapers.To create this article, 11 people, some anonymous, worked to edit and improve it over time.Together, they cited 16 How marks an article as reader-approved once it receives enough positive feedback.The event planning industry is not only growing, but it can be very profitable with margins ranging from 15 percent to 40 percent, according to "Entrepreneur" magazine.If you have creativity, people skills and fantastic organization, an event planning business may be the career of your dreams.He later did many print and Web projects including re-brandings for major companies and catalog production.This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness.

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