How To Start An Event Planning Business With No Money

Are you good at creating fun at parties? Do you ensure that you would execute the plan as per timelines? Then you should try starting an Event Planning Business.

What is Event Planning Business?

There are several special events where an individual or company may not be able to plan and execute them. They may depend on professionals who can plan such an event and make the event successful. These professionals are called Event Management Planners or Event Planners

What are special events where an event planner is required?

There are several special events where an event planner is required.

  • Celebrations – This includes weddings, birthdays, anniversaries etc.
  • Educational events – This includes conferences, meetings, get-together parties, annual day celebrations etc.
  • Promotional events – This includes any product launches, fashion shows, new service launching etc.

Professional qualification: Though event planning does not require any special qualifications, companies or firms are looking for qualified professionals for event planning. You can go graduation in event planning. You can also add certifications like Certified Special Event Professional (CESP) or Certified Meeting Planner (CMP) which can enhance your skills for the Event planning business.

9 Steps for How To Start An Event Planning Business With No Money

Starting your own event planning business will not be difficult. With the right set of tools in your arsenal, you too can get started and bag your first customer without spending money.

1) Finding customers for event planning

In the initial stages, you might be finding it difficult to get customers to do event planning. The best way to start is by informing your friends, relatives, colleagues about your event management business.

2) Conduct Research

Once you get hired to do event planning, do research on the event you need to do. Gather as much information as possible about the needs of the market you have chosen. For example, you might consider getting:

  • How often does the organization hold events?
  • How many attendees are waiting for each event?
  • What their estimated budget is for each event?
  • What types of activities take place at the event?

You can find this information by looking at the organization’s events website, their social media pages, doing competitive research, or simply reaching out to the organization and asking

3) Create event designs

You should plan for event designs. The designs would depend on the type of event you are doing. If you are doing a college annual day celebrations, a theme that depicts college, students, education should be used. The theme would help you in making proper designs at the event entrance, designing the dais, designs around the place where the event is being done.

4) Choose an event site

Choosing a site would depend on the budget, number of people who are going to attend, logistic requirements etc.,

5) Planning for food

You should be able to estimate the type of people you would be expecting for the event, their food taste, number of attendees for the event etc.

6) Planning for transportation

You need to plan for transportation of the attendees who might be coming from distant places.

7) Update attendees list

Though this list would be provided by the customer, this would be useful for you to plan for the event for food and transportation.

8) Supervision at the site

You may need to supervise the activities at the site to ensure everything goes right.

9) Conducting evaluation and feedback of the event

Though this is the last step in the event planning, this would help you in getting new customers. If you’re even is successful, you can ask them to recommend it to others. This would be a good way of mouth advertising your event planning business.

The event planning business industry is growing year on year. With the growing population and people’s change in attitude to celebrate such events, starting an event planning business would be the best small business ideas.

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