This planning report structure can also be adapted for operational and departmental planning of all sorts - the same principles apply. We are all customers and suppliers in one way or another.
Okay, so we have considered all the requirements for starting an event planning business. When it comes to attempting to start a business as against keeping a 9 to 5 paid employment, loads of people may come across as scared to take that giant step of faith that might land them into their fame and fortune.
Reality is that, there are several business opportunities which an aspiring entrepreneur who is still caught in the web of a paid employment can test run without leaving their jobs.
One of such opportunities is the event planning trade. Why Start an Event Planning Business? One good thing about event planning is that most often than not, events are done during weekends and if you are lucky not to be working during weekends, you can successfully test run an event planning business.
The truth is that, most of the basic skills needed to effectively run an event planning business are some of the soft skills you are likely going to acquire in your work place.
On the average, it is the practice for most standard event planning companies to handle all aspect of event planning that ranges from wedding planning, to annual general meetings AGMto corporate events, to end of year parties et al.
This is so because there are little or no difference with the planning and execution of events. However, you can decide to build your event planning company around an area of specialization in the industry. As a professional event planner, you would have been trained on how to engage your clients in such a way that they should be able to answer any question you may ask them regarding the event or any related topic that will help you deliver a fantastic event.
Over and above, the service delivery for an event planner covers budgeting, scheduling, venue selection, acquiring necessary permits, coordinating transportation and parking, arranging for keynote speakers, motivational speakers, master of ceremony MC or entertainers, arranging decor, event security, catering and emergency plans.
The hallmark of an event is when the success benchmarks are meet or even surpassed. So part of what you need to ask your client as a professional event planner is to know key measurable areas where they would want the event to be assessed.
It could be the numbers of participants that attended the event, the feedbacks they got from the event and it could be any success indicator as agreed by the organizers of the event. It is pertinent to also add that you will be required to write your own business plan in order to move out with a plan.
The business plan is an all-inclusive concept for your business, and so if you do not have an inkling about how to write one, then you may want to consider using a business plan template. Here is a sample template you can adopt; A Sample Event Planning Business Plan Template Event Planning Industry Overview Event planning is all about helping corporate organizations, government, groups and individual plan and execute their events from start to finish.
An event planner ensures that they work with the stipulated budget of the organization or individual and ensure that they deliver a successful event as agreed.
In some cases, it is the responsibility of the event planner to draw — up a budget for the organizer of the event once they get a brief of the nature of the event.
Events planning require that you take off the burden of planning an event from the shoulders of your clients. This is whether it is a corporate or informal event. Therefore, you would need an eye for details in addition to the eye you have got.
Do not be, that was on a lighter note. Now, the truth is that you would need to be extremely detailed. You do not want to come across your clients as one who leaves some kills important details out.
If you do not possess this skill now, you may consider building it up. The key to a successful event is to ensure that all that is listed in your event planning checklists is ticked. As a matter of fact, if you undergo event planning training, you are going to be taught how to draft event planning checklists for various events and key components that must be listed in your checklists.
The event planning is such an industry that needs you to be vast and well informed about news about the industry. What does this mean? This means that you have got to be alert about everything as it concerns events planning all around the globe.
You may consider reading up a whole lot- do not be far away from information. You can successfully pull off being a researcher off by reading books on this business, as using the internet. Bythis industry is expected to grow to over 60, jobs.
So also the top 5 states in the United States with the highest numbers of employment for event planners are; California with 7, event planners are employed, New York — 7,event planners are employed, Texas — 6,event planners are employed, Florida — 3, event planners are employed, Virginia — 3, event planners are employed.
As an event planner, if you are creative and hardworking, you can successfully create your own steady market. It is safe to say the industry is still growing especially with the advent of new social media platforms. This is possible with the aid of teleconference, and Skype et al.
Some of the factors that encourages entrepreneurs to start their own event planning business could be that the business is easy to set up, the start — capital is indeed affordable and the running cost can be put at the minimum level; you can actually start your own event planning business from the comfort of your home.
All you need to do is to create an office somewhere in your house. We are aware that to run an all — round event planning outfit can be demanding which is why we are well trained and equipped to perform excellently well. We will offer a standard and professional event planning services to all to our individual clients, and corporate clients at local, state, national, and international level.Who will be the business process owner (Strategy Director) of strategic planning in your organization?
Fast forward 12 months from now, what do you want to see differently in your organization as a result of embarking on this initiative? May 14, · How to Write a Sales Plan. In this Article: Article Summary Writing a Sales Business Plan Writing an Individual Sales Plan Community Q&A When your business is sales, many of the factors that determine success are out of your control.
Whether you are trying to develop an overarching guide to your sales business strategy, or are a salesperson seeking to define your goals and tactics for Views: K. How to Write a One-Page Business Plan. by: Noah Parsons planning.
If you’ve been putting off writing your business plan, you’re not alone. you can download our free one-page business plan template and use that as a starting point. Your one-page plan will be an extremely useful tool to help you refine your business strategy quickly.
We created the Business Strategy Plan Template to document your strategic plans. This Microsoft Word tool is a great resource to help guide you through the development of your business strategy. Sections of the planning document include.
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