Signing out of account, Standby Put your party experience to good use by planning, designing and throwing events for private and corporate clients. The special events industry has grown enormously in the past decade.
According to recent research conducted by Dr. If you're just entering fro profession of special events, there's a lucrative market awaiting you on many fronts.
According to Goldblatt's research, profits in this industry continue to rise.
Just a few years ago, Goldblatt says, the average profit margin for an event planning entrepreneur was around 15 percent. His most recent studies, however, show profit margins can be as much as 40 percent. He attributes the industry's good health to several factors, including the improved economy and the trend of corporate America to outsource their meeting-planning functions.
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Event planning business plan for starting your own agency
This question actually breaks down into two questions: What kinds of events are we talking about? And, what is event planning?
This business plan for event company isn't an exhaustive one, but as the examples illustrate, special events may be business related, purely social or somewhere in between. Now we move to the efent question: What is event planning? Planners of an event may handle any or all of the following tasks related to that event:.]