Starting An Event Planning Business: An In Depth Guide To Success
Perhaps you’ve always had a passion for planning or maybe you’ve recently managed part of an event for a friend or family member, such as a wedding or children’s birthday party? Wherever your passion for event planning has come from, it doesn’t matter, what does matter however is knowing how you can turn your interest in planning into a fully-fledged, highly successful business.
Wondering what it takes to successfully start an event planning business? Below is a guide to everything that you need to know to launch a highly successful event-planning business.
Specialize
The first step to event planning success is choosing an area to specialize in. While you could opt to offer event planning across a broad spectrum of industries, you are far more likely to achieve success if you opt to specialize in a specific niche. Take the time to think about what areas your interest lays in – are you a fan of organizing family events or would you rather work in corporate event planning? There are plenty of options to choose from, it’s just a case of taking the time to determine what area you would be happiest focusing on. It’s also worth considering which area there’s a greater need for within your local area.
Undergo adequate training
If you want to boost your chances of success, it’s vital that you are willing to undergo any adequate training that will help to boost your success. If you lack knowledge or skills in a certain area of event planning, it’s important to make time to fix that. If you want to give your business the best chance of success, you need to be willing to invest in your skills and experience.
Automate wherever you can
When it comes to giving yourself the best chance of business success, it is important to take your time seriously. If you are going to make a success of your venture, you need to be mindful of what steps you can take to boost productivity and increase the amount that you are able to get done during your working hours. To help with this, automating certain tasks could be something that’s worth looking into – you may find that tools such as event staffing software or payroll software, for instance, help to make the process of meeting goals more achievable. When time is of the essence, automating certain tasks can be extremely beneficial.
Build a solid network of contacts
The key to success in the event planning industry is having a network of reliable contacts who you can work with on a regular basis, from catering companies and bars to security firms and decorators. Your life will become far easier if you have a dedicated network of event specialists on hand, should you need them. Plus, should you choose to work with certain companies on a regular basis, you may find that you are offered a booking discount each time you use them.
There you have it, a few useful tips for giving your event planning business the very best chance of success.
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10 Comments
Kate Sarsfield
I think I’m too much of a perfectionist to do this! I’d spend too much time getting the minutiae perfect that the overall picture would be a shambles!
Michele Soyer
At different times of my college life I worked in a hotel …Helping with the weddings was great fun and making sure everything was perfect was a must… In another life I think I would love doing this…
Terri Quick
Thank you for this great tips.
Connie Gruning
Terri, you are very welcome.
Dana Rodriguez
These are great tips for those interested in doing this. I could never do it myself because I just don’t have the knack.. or patience.
Connie Gruning
Dana, I know I couldn’t either. Just having to re-clean the kitchen after The Husband cleans it shows me I would be redoing a lot of well, everything. So nope. Gonna continue to enjoy retirement.
Diane K. Brimmer
These are some really great ideas for the person who is intersted in corinating events for their business. Thanks for sharing.
Connie Gruning
Diane, You’re right. What could we coordinate together?
Tamra Phelps
I’m not sure I could be an event co-ordinator. I think to do that you really have to have an eye for detail, right down to the smallest detail. I am too scatter-shot to do it, lol.
Connie Gruning
Tamra, I don’t think I could be a coordinator either. Ohhhhhh shiny…… ohhhhhhhh pretty then I would spend 10 minutes looking for my phone whichhhh I’m embarrassed to say was IN MY HAND