A new business plan:Fairy Lights (Event Management)
1.
2. Executive Summary
The business plan outlines the launch of a moderately upscale full service wedding event
management. It is named “Fairy Lights”. Fairy Lights is an online small business. But it’s
operative office is in Green Road, Dhanmondi-5, Dhaka-1205. The owners of this business are
Ms. Sayma Naznin Prova, Ms. Arushi Binte Amir and Ms. Shagufta Rahman Asha. The business
provides services like wedding decoion, wedding planning, wedding event solution, wedding
photography, wedding cinematography, wedding videography and pre-wedding and post
wedding photoshoot.
The primary market will be surrounding the men and women who are getting to be married
soon and the young generation. The venture requires 10,00,000/- taka only in start-up funding,
of which the owners will contribute 3,50,000/- taka only as paid-in capital. A conventional loan
of 6,50,000/- taka only will complete the start-up financing. The management level consists of
Director and Assistant Director. The Director and the Assistant Director are from the owners.
The target customers are the parents of the bride and groom, the relatives of the bride and
groom and the bride and groom themselves.
Industry, Company & Service
Industry
In Bangladesh, now-a-days photography and event planning is getting very popular medium of
online business. It’s industry is getting bigger day by day by the flourishment of online
business. As online businesses are trending very high among our society. Many small group of
entrepreneurs, like students, are the sole of this event management industry.
3. Company
Name : Fairy Lights
( The name refers to the decorative beauty of fairy lights used in a wedding
decoration )
Location : 28, 10/1, Green Square, Green Road, Dhanmondi-5, Dhaka-1205.
Product/Service :
Wedding Event Solution
Wedding Event Planning
Wedding Event Decoration
Wedding Photography
Wedding Cinematography
Wedding Videography
Pre-wedding photoshoot
Post Wedding photoshoot
Start/Formation : Online based
( Later it will open it’s area based offices across the city)
Initial Investment : 10,00,000/- taka only
4. Service
Fairy Lights will provide services to it’s customers like wedding event solution and wedding
event planning. Customers can share their wedding issues with us to get solutions and also can
plan their wedding with us. Other than that they can hand-over the over all process of
namangement to us. We offer decoration service too. Wedding photography, wedding
cinematography and wedding videography are the main services by us. We offer various
packages of services regarding our photography and cinematography services. Also, customers
can customize our package plan by their choice or needs, for this, charges will be decreased or
increased similarly with the customized package.
5.
6.
7. Management Team
Owners
1
Name: Ms Sayma Naznin Prova
Educational Qualification:
Resume GPA Passing year Board
SSC 5.00 2012 DHAKA
HSC 5.00 2014 DHAKA
At present , studying BBA in United International University
Previous experience: Worked as an Event Manager in Dream Merchant Event
Solutions
Skills: knows event management, decorations and planning
Languages: Bangla and English
2
Name: Ms Shagufta Rahman
Educational Qualification:
Resume GPA Passing year board
SSC 5.00 2012 DHAKA
HSC 5.00 2014 DHAKA
At present, studying BBA in United International University.
Previous experience: Worked as a photographer in Metro Weddings event
management.
Skills: knows event management, photography
Languages: Bangla and Ennglish
8. 3
Name: Ms Aroshi Binte Amir
Educational Qualification
Resume GPA Passing year board
SSC 5.00 2012 DHAKA
HSC 5.00 2014 DHAKA
At present, studying BBA in united International University.
Previous experience: Nill
Skills: knows decoration.
Languages: Bangla and English
9. Management
Director: The following person from the owners numbered 1, is the director of the
company .
Assistant Director: The following person from the owners numbered 2,is the assistant
director of the company.
Market Research and Analysis
Customers
Gender Age Profession
Man 20-25 yearold
25-30 yearold
30-35 yearold
Undergraduate students
Employee persons
Businesspersons
Woman 18-28 yearold Undergraduate students
Employee persons
Category Marital status
Couples Married
Engaged
*relatives, family members and parents of bride and groom.
10.
11. Competitors
Dream Weaver
Wedding Diary Bangladesh
Wedding Moments
Dream Merchant
Rifat Shakhawat Hossain Photography
Metro Weddings
Reminiscene Photography
Marketing Plan
Package Details For Wedding
Photography
Package Glow:
Price per event : BDT 5,000/- taka only
Photographer : 1 Associate Photographer
Edited photos : 30
Printed photos : 20 copies of 5L
Package Shine :
Price per event : BDT 10,000/- taka only
Photographer : 1 Senior Photographer
1 Associate Photographer
Edited photos : 75
Printed photos : 50 copies of 5L
5 copies of 6L
Package Shimmer :
Price per event : 20,000/- taka only
Photographer : 2 Senior Photographer
2 Associate Photographer
12. Edited Photos : 100
Printed Photos : 75 copies of 5L
5 copies of 6L
1 copy of 10L
Package Dazzle :
Price per event : 50,000/- taka only
Photographer : Chief Photographer Shagufta Rahman Asha
2 Senior Photographer
3 Associate Photographer
Edited Photos : 300
Printed Photos : 100 copies of 5L
10 copies of 6L
2 copies of 10L
2 copies of 12L
1 copy of 14L
Package Flare :
Price per event : 1,00,000/- taka only
Photographer : Chief Photographer Shagufta Rahman Asha
3 Senior Photographer
4 Associate Photographer
Edited Photos : 500
Printed Photos : 200 copies of 5L
20 copies of 6L
4 copies of 10L
4 copies of 12L
2 copies of 14L
13. Package Details For Wedding
Cinematography
Package Silver :
Price per event : BDT 5,000/- taka only
Cinematographer : 1 cinematographer
Movie Length : 10 minutes
Package Gold :
Price per event : BDT 10,000/- taka only
Cinematographer : 2 Cinematographers
Movie Length : 20 minutes
Package Platinum :
Price per event : 20,000/- taka only
Cinematographer : 2 Cinematographers
Movie Length : 35 minutes
Package Details For Wedding
Videography
Package :
Price per event : BDT 8,000/- taka only
Videographer : 1 videographer
Video Length : 1 hour
Package :
Price per event : BDT 15,000/- taka only
Videographer : 2 videographers
Video Length : 2 hour minutes
14. Package :
Price per event : 30,000/- taka only
Videographer : 2 videographers
Video Length : 4 hour
Wedding Decoration, Wedding planning and Wedding Solution :
This section depends on customer’s needs and choices and the amount
of money he/she regards to pay.
15. *customization of any package is available.
Place
Location :
Office : 28, 10/1, Green Square, Green Road, Dhanmondi-5, Dhaka-
1205.
Online website : www.fairylights.com.bd
16. Promotion
Advertisement and promotional strategy :
Newspaper advertisement : costing price 40,000-50,000 taka only
Online advertisement : facebook
Youtube
Instagram
Free Pre-wedding and post wedding photoshoot