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Business plan
ASSIGNMENT NO 4
MAIRA SAJJAD
BCSM-F19-392
BSCS 2G
COMPANY
Company Owner: Muhammad Basit
Address:21-A Muslim Town Lahore
Phone:0322-4925334
E-Mail: stareventsofficial@gmail.com
EXECUTIVE SUMMARY
 The Star Event Company is an event planning company specializing in corporate
customers. SEC will offer two types of services, retreat training services as well as
product launch event planning. The retreat training services will be either
leadership development training or teaming skills training. For both types of
retreats, SEC can take care of the planning of the event, as well as actually hosting
the training through the use of one of SEC’s strategic business partners.
 Star Event Company projected growth rate is over 100% through year three and
will have profits as a function of sales over 11% by year three. By the beginning of
year two SEC will have three employees.
Opportunities
 If you’re looking for start-up business ideas, try exploring why event management
is the ideal business start-up opportunity. These events can range from very simple
affairs to complex extravaganzas, requiring a greater degree of logistical input. An
event management business requires little effort or cost to launch and has almost
unlimited income potential while remaining fun and relatively low-risk.
 The types of events mentioned above are the tip of the iceberg. The potential client
roster available to you is huge. In terms of potential, you are only limited by your
imagination.
VISION AND MISSION
VISION AND MISSION
 Our mission is to help our clients develop a clear vision of what they wish to achieve,
and to create and execute a complete solution that brings their vision into reality
using proven strategies, innovative ideas, limitless resources, and professional
expertise in the event management and function planning industry.
Goals and Objectives
Objectives are essentially aims broken down into specific targets, to facilitate event
delivery and evaluation. Events can deliver beneficial impacts and outcomes both for the
organisers and the host community, in addition to other stakeholders such as
participants, spectators, sponsors and the media.
 Programming events in such a way that operational information is transferred.
 Identifying and determining corresponding control measures.
 Forming the base of many routine activities in operations management.
The Team Organization Chart
[MR BASIT]
President, CEO
[MR AQEEL]
Vice President
[MISS ANILA]
Manager
[MR ALI]
Manager
[MR AZEEM]
Vice President
[MR TALHA]
Manager
[MISS LAIBA]
Manager
Resource Requirements
 List requirements for the following resources:
 Personnel
 Technology
 Finances
 Distribution
 Promotion
 Products
 Services
Financial Plan
 Outline a high-level financial plan that defines your financial model and pricing
assumptions
 Tax rates are noted for information. We carry no loan burden that would be
effected by these rates. What hits Occasions the hardest (but not nearly are bad as
other service businesses), is the tax rate of 24%, which is nearly one quarter of the
total sales.
 The break-even point for Occasions is based on the assumption that we will
produce 22 events per month and average approximately $521 per event. These
currently make up 18 of the 22 average events hosted per month.
PLANNING
Risks IN BUSSINES
 Compliance Risk.
 Security and Fraud Risk.
 Financial Risk.
 Reputation Risk.
 Operational Risk.
REWARDS AND CONCLUSION
The Event Management Industry has a a high potential for growth in the coming
years. There is a wide scope of learning in the field of Event Management. It helps you
build a strong professional network as you work with people across different domains.
conclusion:
 PLANNING
 TEAMWORK
 ORGANIZATION
 EXECUTION
Star Event Company Business Plan

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Star Event Company Business Plan

  • 1. Business plan ASSIGNMENT NO 4 MAIRA SAJJAD BCSM-F19-392 BSCS 2G
  • 2. COMPANY Company Owner: Muhammad Basit Address:21-A Muslim Town Lahore Phone:0322-4925334 E-Mail: stareventsofficial@gmail.com
  • 3. EXECUTIVE SUMMARY  The Star Event Company is an event planning company specializing in corporate customers. SEC will offer two types of services, retreat training services as well as product launch event planning. The retreat training services will be either leadership development training or teaming skills training. For both types of retreats, SEC can take care of the planning of the event, as well as actually hosting the training through the use of one of SEC’s strategic business partners.  Star Event Company projected growth rate is over 100% through year three and will have profits as a function of sales over 11% by year three. By the beginning of year two SEC will have three employees.
  • 4. Opportunities  If you’re looking for start-up business ideas, try exploring why event management is the ideal business start-up opportunity. These events can range from very simple affairs to complex extravaganzas, requiring a greater degree of logistical input. An event management business requires little effort or cost to launch and has almost unlimited income potential while remaining fun and relatively low-risk.  The types of events mentioned above are the tip of the iceberg. The potential client roster available to you is huge. In terms of potential, you are only limited by your imagination.
  • 6. VISION AND MISSION  Our mission is to help our clients develop a clear vision of what they wish to achieve, and to create and execute a complete solution that brings their vision into reality using proven strategies, innovative ideas, limitless resources, and professional expertise in the event management and function planning industry.
  • 7. Goals and Objectives Objectives are essentially aims broken down into specific targets, to facilitate event delivery and evaluation. Events can deliver beneficial impacts and outcomes both for the organisers and the host community, in addition to other stakeholders such as participants, spectators, sponsors and the media.  Programming events in such a way that operational information is transferred.  Identifying and determining corresponding control measures.  Forming the base of many routine activities in operations management.
  • 8. The Team Organization Chart [MR BASIT] President, CEO [MR AQEEL] Vice President [MISS ANILA] Manager [MR ALI] Manager [MR AZEEM] Vice President [MR TALHA] Manager [MISS LAIBA] Manager
  • 9. Resource Requirements  List requirements for the following resources:  Personnel  Technology  Finances  Distribution  Promotion  Products  Services
  • 10. Financial Plan  Outline a high-level financial plan that defines your financial model and pricing assumptions  Tax rates are noted for information. We carry no loan burden that would be effected by these rates. What hits Occasions the hardest (but not nearly are bad as other service businesses), is the tax rate of 24%, which is nearly one quarter of the total sales.  The break-even point for Occasions is based on the assumption that we will produce 22 events per month and average approximately $521 per event. These currently make up 18 of the 22 average events hosted per month.
  • 12. Risks IN BUSSINES  Compliance Risk.  Security and Fraud Risk.  Financial Risk.  Reputation Risk.  Operational Risk.
  • 13. REWARDS AND CONCLUSION The Event Management Industry has a a high potential for growth in the coming years. There is a wide scope of learning in the field of Event Management. It helps you build a strong professional network as you work with people across different domains. conclusion:  PLANNING  TEAMWORK  ORGANIZATION  EXECUTION