Starting A Event Planning Business

Unlike other startups, a party planning business does not require much capital or dedicated space.However, figuring out how to start a party planning business does require some basic steps that are similar to all home based ventures, as well as those that are unique to the field.To create this article, 11 people, some anonymous, worked to edit and improve it over time.

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

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This article has over 208,103 views, and 93% of readers who voted found it helpful.

It also received 15 testimonials from readers, earning it our reader-approved status. A party planning business can be a fulfilling and profitable opportunity for someone who is social, organized, detail-oriented, and has a flair for entertaining and coordinating events.

Through hard work, advertising, and positive reviews you can make your company successful.

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In fact, many event planners prefer being "behind the scenes." Those who can remain calm under pressure, think creatively and negotiate a good deal are the ones who will succeed in the industry. Bureau of Labor Statistics reports that event-planning jobs are due to grow by 10 percent by 2024, which is faster than average.

Here's everything you need to know to start your career as an event planner. According to an article by Entrepreneur, there are two distinct markets for event planners: the corporate market and the social market.

Corporate planners are hired by companies to organize meetings, conferences and other work-related events.

Social planners, on the other hand, cover weddings, birthday celebrations and other types of occasions.

Network with vendors you've met or worked with at events.

Often a caterer or florist of credibility can recommend a good event planner to a client.