Before you start writing your event planning business plan, spend as much time as you can to reading through some samples of event planning or other service related business plans. Not only will that give you a good idea of what it is you’re aiming for, but it will also show you the different sections that different entrepreneurs include and the language they use to write about themselves and their future plans.
We have created a sample event planning business plan example for you to get a good idea about how a perfect event planning business plan should look like and what details you should include in your business plan.
Source: https://upmetrics.co/template/event-planning-business-plan-example
Event management business plan.
This business plan will help you a lot. I have described everything about Event Management Business Plan. Do you want to start your own event management company?
You can knock me at https://planforstartup.com/ for details.
I will help you.
Event management business plan.
This business plan will help you a lot. I have described everything about Event Management Business Plan. Do you want to start your own event management company?
You can knock me at https://planforstartup.com/ for details.
I will help you.
If your company needs to submit a Event Management Proposal Template PowerPoint Presentation Slides look no further. Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. https://bit.ly/2When65
If your company needs to submit a Event Proposal Template PowerPoint Presentation Slides look no further. Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. https://bit.ly/38tOcAQ
Event Management and Planning Company Profile - Kudos Events is an Event Management Company, Talent Management Company and Conference Management Company based in London, Dubai and Saudi Arabia.
http://kudos.events
Planning is an essential step before you start any business. Event Managment is an area which yields a lot of money but similarly, a huge amount is invested in it. So, it becomes essential to perfectly plan your Event Management business and measure all the loops and holes inside it before its inception.
Marriage Event Service Proposal PowerPoint Presentation SlidesSlideTeam
If your company needs to submit a Marriage Event Service Proposal Powerpoint Presentation Slides look no further. Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. https://bit.ly/3fC1KvK
Event Management Company Profile-Indicraft Event & Promotionindicraft
Indicraft Event & Promotions is a premier event management company which deals in events, promotional activities, branding and celebrity management. We deal with most corporate clients at this moment in Ranchi, Jharkhand. Contact us for any kind of event or promotional Activities all around Jharkhand and neighboring states.
EVENTOLOGY is both an event management company, and a party planning resource designed to help you organize your event in whole, or in part.
From the minute your inquiry arrives our event management department will work tirelessly to provide you with exactly what you require. Our methodical and systematic planning approach, developed through our extensive research with private individuals and corporate clients will ensure that nothing is overlooked.
With years of experience operating and organizing some of the world’s most glamorous parties, and prestigious events, we understand that each function we undertake is unique. Each client; each budget; each location; and each brief is intrinsically different – and as a result, wherever possible, we tailor our response and our creative skills appropriately.
Ultimately everything is possible……and our bespoke event production department can create whatever is required to take your guest’s breath away.
weddingknot.com is a website targeting the Indian market to efficiently plan and organize your weddings on the go with thousands of vendors to choose from. A one stop shop for all wedding related resources, be it your destination wedding or a budget wedding to plan for.
Summer Internship Report on Event Management Companyracyjain1
This project is based on event management company which is located in Indore and the company name is "Priya Events" I have made this report and did the research on customers expectation towards event management company and the Plag of this report is only 1%.
Event planning is a service business with an approach to make an event successful and memorable while fetching new customers for your business. An event proposal is a document designed to win new business, comprising of details like services offered, event schedule, fees of an event management company for services to produce an event. As an event planner, it is essential to know how to write an event planning proposal in order to get the attention of all clients. Present a well-formatted event proposal to show your potential client that you have the skills they are looking for. To write an effective proposal, you need the ability to understand all the fine requirements of the client. Here we provide you with PPT slides to offer you guidelines for organizing events in locations both large and small. Give your audience an overview of conference event venue services, including the date, time, place, theme, and goal of the event. Precisely enlist all the services like provision of transportation, catering services, audiovisuals, etc., that you will provide for this event. With the service timeline that we offer, represent your services and the time taken for execution of each service in a polished and readable format. Articulate all the costs associated with the planning and execution of the event and present it to your audience in an easy to understand layout. Provide a detailed summary that lists the price for each item and its purpose to make it easy for your client to envision the event and understand the related cost. Our designers at SlideTeam have designed this deck for your convenience. With high quality and well-researched content used in our PPT templates, simplify your workflow to prepare a winning conference event venue proposal.
Concept Makerz is a firm which is established in Delhi since 2003. With its wings spread across all major cities of the country to take care of the local co-ordination and management. With this unended journey, simultaneously we have collected a lot of experience and constantly upgraded our strengths in all areas of event execution and event management. With its wings spread across all major cities of the country to take care of the local co-ordination and management. With this unended journey, simultaneously we have collected a lot of experience and constantly upgraded our strengths in all areas of event execution and event management. With a team of young, creative, dynamic & dedicated professionals, we have pushed all areas of event management to new frontiers, whether it is artist management, product launch, Exhibition, Road-show, Fashion show, wedding planning & celebrity management. The urge to deliver more than the client’s expectations has always been our top priority. Hence, we are a “One stop shop” for any and every requirement to our wide spectrum of clients. Always our motto is to satisfy our clients in terms of providing the best services in competitive rates. For more info visit www.conceptmakerz.com
Wedding Venue Business Plan Example | UpmetricsECorp
The wedding venue business plan example outlines strategies for establishing and managing a venue for wedding ceremonies and receptions. It includes market analysis, financial projections, marketing plans, and operational details to attract clients and ensure successful events.
If you are planning to start a new wedding venue business, the first thing you will need is a business plan. Use our sample Moore Weddings - Wedding Venue Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new wedding venue business, spend as much time as you can reading through some examples of services-related business plans. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Moore Weddings - Wedding Venue Business Plan for you to get a good idea about how perfect a wedding venue business plan should look like and what details you will need to include in your stunning business plan.
If your company needs to submit a Event Management Proposal Template PowerPoint Presentation Slides look no further. Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. https://bit.ly/2When65
If your company needs to submit a Event Proposal Template PowerPoint Presentation Slides look no further. Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. https://bit.ly/38tOcAQ
Event Management and Planning Company Profile - Kudos Events is an Event Management Company, Talent Management Company and Conference Management Company based in London, Dubai and Saudi Arabia.
http://kudos.events
Planning is an essential step before you start any business. Event Managment is an area which yields a lot of money but similarly, a huge amount is invested in it. So, it becomes essential to perfectly plan your Event Management business and measure all the loops and holes inside it before its inception.
Marriage Event Service Proposal PowerPoint Presentation SlidesSlideTeam
If your company needs to submit a Marriage Event Service Proposal Powerpoint Presentation Slides look no further. Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. https://bit.ly/3fC1KvK
Event Management Company Profile-Indicraft Event & Promotionindicraft
Indicraft Event & Promotions is a premier event management company which deals in events, promotional activities, branding and celebrity management. We deal with most corporate clients at this moment in Ranchi, Jharkhand. Contact us for any kind of event or promotional Activities all around Jharkhand and neighboring states.
EVENTOLOGY is both an event management company, and a party planning resource designed to help you organize your event in whole, or in part.
From the minute your inquiry arrives our event management department will work tirelessly to provide you with exactly what you require. Our methodical and systematic planning approach, developed through our extensive research with private individuals and corporate clients will ensure that nothing is overlooked.
With years of experience operating and organizing some of the world’s most glamorous parties, and prestigious events, we understand that each function we undertake is unique. Each client; each budget; each location; and each brief is intrinsically different – and as a result, wherever possible, we tailor our response and our creative skills appropriately.
Ultimately everything is possible……and our bespoke event production department can create whatever is required to take your guest’s breath away.
weddingknot.com is a website targeting the Indian market to efficiently plan and organize your weddings on the go with thousands of vendors to choose from. A one stop shop for all wedding related resources, be it your destination wedding or a budget wedding to plan for.
Summer Internship Report on Event Management Companyracyjain1
This project is based on event management company which is located in Indore and the company name is "Priya Events" I have made this report and did the research on customers expectation towards event management company and the Plag of this report is only 1%.
Event planning is a service business with an approach to make an event successful and memorable while fetching new customers for your business. An event proposal is a document designed to win new business, comprising of details like services offered, event schedule, fees of an event management company for services to produce an event. As an event planner, it is essential to know how to write an event planning proposal in order to get the attention of all clients. Present a well-formatted event proposal to show your potential client that you have the skills they are looking for. To write an effective proposal, you need the ability to understand all the fine requirements of the client. Here we provide you with PPT slides to offer you guidelines for organizing events in locations both large and small. Give your audience an overview of conference event venue services, including the date, time, place, theme, and goal of the event. Precisely enlist all the services like provision of transportation, catering services, audiovisuals, etc., that you will provide for this event. With the service timeline that we offer, represent your services and the time taken for execution of each service in a polished and readable format. Articulate all the costs associated with the planning and execution of the event and present it to your audience in an easy to understand layout. Provide a detailed summary that lists the price for each item and its purpose to make it easy for your client to envision the event and understand the related cost. Our designers at SlideTeam have designed this deck for your convenience. With high quality and well-researched content used in our PPT templates, simplify your workflow to prepare a winning conference event venue proposal.
Concept Makerz is a firm which is established in Delhi since 2003. With its wings spread across all major cities of the country to take care of the local co-ordination and management. With this unended journey, simultaneously we have collected a lot of experience and constantly upgraded our strengths in all areas of event execution and event management. With its wings spread across all major cities of the country to take care of the local co-ordination and management. With this unended journey, simultaneously we have collected a lot of experience and constantly upgraded our strengths in all areas of event execution and event management. With a team of young, creative, dynamic & dedicated professionals, we have pushed all areas of event management to new frontiers, whether it is artist management, product launch, Exhibition, Road-show, Fashion show, wedding planning & celebrity management. The urge to deliver more than the client’s expectations has always been our top priority. Hence, we are a “One stop shop” for any and every requirement to our wide spectrum of clients. Always our motto is to satisfy our clients in terms of providing the best services in competitive rates. For more info visit www.conceptmakerz.com
Wedding Venue Business Plan Example | UpmetricsECorp
The wedding venue business plan example outlines strategies for establishing and managing a venue for wedding ceremonies and receptions. It includes market analysis, financial projections, marketing plans, and operational details to attract clients and ensure successful events.
If you are planning to start a new wedding venue business, the first thing you will need is a business plan. Use our sample Moore Weddings - Wedding Venue Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new wedding venue business, spend as much time as you can reading through some examples of services-related business plans. Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Moore Weddings - Wedding Venue Business Plan for you to get a good idea about how perfect a wedding venue business plan should look like and what details you will need to include in your stunning business plan.
If you are planning to start a new dropshipping business, the first thing you will need is a business plan. Use our sample Del Bird - Dropshipping Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new dropshipping business, spend as much time as you can reading through some examples of transportation-related business plans.
Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Del Bird - Dropshipping Business Plan for you to get a good idea about how a perfect dropshipping business plan should look like and what details you will need to include in your stunning business plan.
Event Venue Business Plan Example | UpmetricsECorp
An event venue business plan outlines the concept, target market, competitive analysis, marketing strategy, operations plan, and financial projections for a venue hosting various events like weddings, corporate functions, and parties.
If you are planning to start a new handicraft business, the first thing you will need is a business plan. Use our sample Moore Products - Handicraft Business Plan created using upmetrics business plan software to start writing your business plan in no time.
Before you start writing your business plan for your new handicraft business, spend as much time as you can reading through some examples of retail store-related business plans.
Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.
We have created this sample Moore Products - Handicraft Business Plan for you to get a good idea about how perfect a handicraft business plan should look like and what details you will need to include in your stunning business plan.
EXECUTIVE SUMMARY
Welcome to the future of event planning! Occasions, The Event Planning Specialists, brings to the community of Pakistan a new breath of air in the event planning market. By combining old fashioned values, going the extra mile, and using cutting edge event-planning software, Occasions will lead the market, providing the same quality results, every time.
Occasions is an equal opportunity business making its expertise and its products available to help its customers plan their own events. Party Packs (complete kits for their event), make hosting a party a snap, right down to the refreshments. The event planning software brings interactive event planning as close as their personal computer. Through these and other affordable products and services, Occasions aims to be the number one resource for any event.
A business plan is often a way to assure investors that your business is a good investment for their money. A business plan also puts all your thoughts, goals, ideas, and structure down on paper. If you are serious about your business and investment, a full informal business plan is a must. But, what if you just need your ideas mapped out before getting serious about your business? what if you want to write a business plan just for yourself to get clarity about your business and vision? This mini business plan template is sufficient to describe your business and it keeps you focused on your business goals without wasting your time on writing long stories about your business.
A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them. It also contains background
information about the organization or team attempting to reach those goals.
Any organisation that wants to build long-lasting relationships essential for corporate growth must understand how to organise corporate events. By organising a corporate event, you may deepen your relationships with current customers and business partners while fostering sincere relationships and attracting new ones.
Business event planning is a significant operation that calls for almost superhuman levels of planning and attention to detail.
The fundamental components of event management—research, design, planning, coordination, and evaluation—must be understood before you host any event, whether it's a 300-person product launch or a 15-person employee training.
In this deck, you’ll learn how corporate events provide a valuable opportunity to learn and gain insights to help your organisation improve operations, gain a competitive advantage and achieve your overall objective.
You’ll also learn
1. The key strategy to creating an effective corporate event
2. What to watch out for when choosing your venue
3. The basic elements of a corporate event
Elevate your after-school program with our dynamic business plan PDF. Uncover captivating curriculum strategies, safety assurances, and more in this enriching guide. Download now for an inspiring journey in crafting an extraordinary and irresistible educational experience!
Writing a 30-page long business plan can look like a huge hassle if you are just starting with your business. You might even feel like skipping the planning process altogether. But you don’t have to. There’s a quick and easy solution to your problem. A one page business plan. With the help of a page-long plan, you’ll neither have to spend days planning your business nor skip the planning process completely. A business plan can be of great help to your business, and a one-page plan can become your plan’s foundation as you expand your business.
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Vocational school business plan exampleupmetrics.co
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Not just that vending machines are easy to use, they come with a variety of product niches and help you avoid the hassle of showing product after product to customers, who’ll have every option displayed right in front of them with a vending machine. And though refilling a vending machine and protecting it from theft and vandalism might seem like a boring job, a vending machine business is much more than that. From vending machines that offer products ranging from granola bars to office supplies to the ones that take orders from apps through artificial intelligence, the vending machine business has gone through a massive change over the decades. But, one more interesting fact is that there are over 5 million vending machines in the US alone, and if you want to last in such a competitive market you need a proper business plan. So, read on to find out how to write a vending machine business plan.
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Real estate investment business plan exampleupmetrics.co
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Real estate agency business plan exampleupmetrics.co
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What You're Going to Learn
- How These 4 Leaks Force You To Work Longer And Harder in order to grow your income… improve just one of these and the impact could be life changing.
- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
#1 LEADS Don’t Book
#2 PROSPECTS Don’t Show
#3 PROSPECTS Don’t Buy
#4 CLIENTS Don’t Stay
- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
Best Crypto Marketing Ideas to Lead Your Project to SuccessIntelisync
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Also Intelisync, our cutting-edge service designed to streamline and optimize your marketing efforts, leveraging data-driven insights and innovative strategies to drive growth and visibility for your project.
With a data-driven approach, transparent communication, and a commitment to excellence, InteliSync is your trusted partner for driving meaningful impact in the fast-paced world of Web3. Contact us today to learn more and embark on a journey to crypto marketing mastery!
Ready to elevate your Web3 project to new heights? Contact InteliSync now and unleash the full potential of your crypto venture!
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
1. Event Planning Business
Plan
Business Plan
2019
John Doe
10200 Bolsa Ave, Westminster, CA, 92683
(650) 359-3153
text@example.com
http://www.example.com/
2. Table of Contents
Executive Summary 3
Business Overview 3
Objectives 3
Management 3
JOHN DOE 3
Mission 4
Keys to Success 4
Financial Highlight 4
Net Income & Gross Margin 5
Business Summary 6
About Business 6
Business Ownership 6
Start-up Summary 6
Startup Expense 6
Start-up Assets 7
Funding 7
Location 7
Office Design 8
Products and Services 9
Products and Services 9
Party Pack 9
Step-by-Step Guides 9
Event Planning Software 9
Resources Manual 10
Event Planners Training Institute 10
Competitive Comparison 10
Market Analysis 11
Market Segmentation 11
1 / 21
3. Private Organizations and Businesses 11
Public Organizations 11
Age Breakdowns 12
Customer Segmentation 12
Target Market Segment Strategy 12
Service Business Analysis 13
Hotels and Conference Centers 13
Other Event Planners 13
Employees or Persons wishing to do it themselves 13
Marketing and Sales 14
Marketing and Competition 14
Sales Strategy 14
Private and Public Organizations 14
Individuals 14
Sales Forecast 14
Sales 15
Management and Operations 16
Management Summary 16
Organizational Structure 16
Personnel Plan 16
Financial Plan 17
Financial Plan 17
Important Assumptions 17
General Assumptions 17
Key Financial Indicators 17
Benchmark 18
Break-even Analysis 18
Income Statement (5 Year Projections) 18
Balance Sheet (5 Year Projections) 19
Cash Flow Statement (5 Year projections) 20
2 / 21
4. Executive Summary
Business Overview
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Examples
Eventel LLC
Welcome to the future of event planning! Eventel, The EventPlanning Specialists
bring to the community of Portland a new breath of air in the event planning
market. By combining old fashioned values, going the extra mile, and using
cutting edge event-planning software, Eventel will lead the market, providing the
same quality results, every time.
Eventel is an equal opportunity business making its expertise and its products
Objectives
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Examples
Eventel LLC
Eventel is a small business aimed at the big time. In order to reach its lofty goals,
Eventel must focus on the mission behind the vision. It will take all the employees,
owners, founders, and vendors daily living the vision that Eventel represents. The
vision manifests itself in three ways:
1. Be one of the top three event planning specialists in the Northwestern United
Management
JOHN DOE
Owner - john.doe@example.com
Eventel will be lead by John Doe. Throughout her life, Ceece has been a planner and only
recently has she truly discovered that she could leverage her passion and skill into a
business opportunity. While Ceece was pursuing her undergraduate and graduate
degrees, she was a chairperson for no less than four different student organizations. After
receiving her MBA, she went to work for IBM as a project manager. It was her six years at
IBM pursuing project management that truly honed not only her planning/ project
management skills but also her interpersonal skills. After her fifth year at IBM, Greece
began to get a bit too complacent and began dreaming of leaving to begin her own
business. At first, it was a struggle to figure out what she could do on her own. The one
day on a long bike ride she had an epiphany, realizing that she should begin her own
event planning company.
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2019 Business Plan | Event Planning Business Plan 3 / 21
5. Mission
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Examples
Eventel LLC
In an ever-changing, fast-paced world, success is determined by good choices for
lasting effects. Communication is essential. Eventel strives to be the best choice
of clients by helping to ease their event planning burden. Through consistent,
predictable professionalism, Eventel will ensure a worry and hassle-free event at
a reasonable price.
But, not all of our clients will be external. Eventel has internal clients to serve.
Keys to Success
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Examples
Eventel LLC
Our keys to success include the commitment to quality by every person who is
part of the team. Each of us will be responsible to push ourselves to a higher level
of professionalism in three areas:
1. Consistent, accurate fulfillment of the client's wishes.
2. Competitive pricing for the quality of services offered.
Financial Highlight
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2019 Business Plan | Event Planning Business Plan 4 / 21
6. Net Income & Gross Margin
Financial Year Sales Gross Margin Net Profit
Year1 320000 280000 80000
Year2 470000 370000 210000
Year3 520000 410000 280000
Sales Gross Margin Net Profit
Year1 Year2 Year3
0
200k
400k
600k
2019 Business Plan | Event Planning Business Plan 5 / 21
7. Business Summary
About Business
Start Writing here...
Examples
Eventel LLC
Business Ownership
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Examples
Eventel LLC
Eventel is established as a sole proprietorship with the intention of selling the
business when it is established to one of the employees invested in the vision of
event planning. All aspects of the business will be documented to ensure clients
can count on the same results every time. It is these documents that will become
the basis of ownership. The sole proprietor will use his or her name as the
guarantor of each service. Therefore, the sole proprietor must embody the vision
Start-up Summary
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Examples
Eventel LLC
Through careful planning on the part of the founders, the startup costs for Eventel
is minimal. It began as a home-based business with little overhead, and it
continues to demand fewer outlay of funds as a service-based business. The
start-up cost investment funds were assets saved from prior earnings by the
owners who did event planning on a part-time basis before establishing
themselves as a business.
Startup Expense
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2019 Business Plan | Event Planning Business Plan 6 / 21
8. Start-up Expenses
Legal [Amount]
Stationery etc. [Amount]
Brochures [Amount]
Consultants [Amount]
Insurance [Amount]
Rent [Amount]
Research and Development [Amount]
Expensed Equipment [Amount]
Other [Amount]
Total Start-up Expenses
[Total Amount]
Start-up Assets
Start-up Assets Needed
Cash Balance on Starting Date [Amount]
Start-up Inventory [Amount]
Other Current Assets [Amount]
Total Current Assets [Amount]
Long-term Assets [Amount]
Total Assets [Total Amount]
Total Requirements
Funding
Funding
Owner Contribution
Other
Total Investment
Location
Examples
Eventel LLC
Eventel is located inside the city limits of Portland, Oregon. It is a home-based
business. Most meetings with clients are conducted in social settings, such as
restaurants, coffee houses, the client's home, facilities wishing to be used for the
2019 Business Plan | Event Planning Business Plan 7 / 21
9. Start Writing here...
event, or over the phone. Although the demand has not yet reached its peak,
Eventel will eventually move from its home base into a small office complex, also
within the city limits of Portland, Oregon. When the company has reached its
Office Design
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Examples
Eventel LLC
The company will maintain a high degree of
professionalism. All offices are equipped with
the latest in business technology, such as
telephone systems, computers, fax machines,
email, duplicators, printers, and software.
Each location will have a secure storage area
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2019 Business Plan | Event Planning Business Plan 8 / 21
10. Products and Services
Products and Services
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Examples
Eventel LLC
Although Eventel is primarily a service business, we also offer products to aid our
customers in planning the event themselves. The following products are tools
used inside our operation for the best possible results:
Party Pack
Examples
Eventel LLC
The Party Pack is a complete kit for any party. It includes decorations, lighting
effects guide, disposable theme cameras, cutlery, plates, napkins, cups, punch
mix (or recipe), snack supplies (or recipe), tablecloths, theme music (where
applicable), invitations, thank-you cards, and a step-by-step guide to planning,
putting together,and hosting the event.
Step-by-Step Guides
Examples
Eventel LLC
These booklets include a calendar to map out the event, a step-by-step guide on
what is needed for and how to put together a successful, worry-free event,
resource information, popular refreshments with recipes, games, and tips to put
their event in the record books. The events available include birthdays for all
ages, meetings, retreats, parties, vacations, and special occasion celebrations
such as graduations, holidays, showers, weddings, and receptions.
Event Planning Software
Examples
Eventel LLC
Due to be released in June 2000, this cutting-edge tool will allow the client all the
resources and visual aids for their event planning. They will be able to play with
decoration themes, listen to theme music, design invitations, thank-you cards, and
RSVP cards, use the interactive planning calendar, and much more. This software
will bring their event into the millennium with cutting edge technology that is
designed to save time and money.
Examples
Eventel LLC
This valuable guide acts as a review for all the resources located in the
surrounding area. A ranking is given to the various services, such as caterers,
decorators, disc jockeys, bands, and facilities. This manual gives the client the
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2019 Business Plan | Event Planning Business Plan 9 / 21
11. Resources Manual
freedom of making a choice based on experience.
Event Planners Training Institute
Examples
Eventel LLC
As a member of the Portland community, it is our mission to support our
community. Ten hours each month will be devoted to training area students in
event planning. This will aid them in planning proms, graduation parties, river
clean-ups, homecoming, and other important events. This is a priority of Eventel. It
will not be cut back as the business grows.
Eventel provides event planning in a wide range of applications. We guarantee
Competitive Comparison
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Examples
Eventel LLC
Eventel, although young, draws from the age-old tradition of going above and
beyond what is expected, every time. Our systems for event planning have been
drawn up, evaluated, practiced, worked, and reworked to ensure maximum
efficiency while minimizing the possibility of error. We employ local vendors who
have the same desire to be the best at what they do while providing un-matchable
services. Thus, we give back to the community by providing jobs outside of our
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2019 Business Plan | Event Planning Business Plan 10 / 21
12. Market Analysis
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Examples
Eventel LLC
The following sections describe the market segmentation, strategies, and industry
analysis.
Market Segmentation
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Examples
Eventel LLC
The breakdown of the market for event planning falls in a wide, very diverse
grouping. Individuals, as well as organizations, demand the services we provide.
In order to provide the greatest depth of information, the market segments have
been broken down into private and public organizations, and age groups.
Private Organizations and Businesses
Examples
Eventel LLC
Private organizations make up the single largest portion of Eventel' client base.
Private organizations such as businesses, corporations, and political parties host
the most events on the largest scales, therefore, these events generate larger
revenues per event. The majority of larger scale holiday functions will fall under
this segment.
Public Organizations
Examples
Eventel LLC
Government agencies host many events every year. Eventel hopes to alleviate
the pressure of event planning for public employees. The second single largest
segment, the public sector, can save money and give back to its community at the
same time. These events are moderate in scale with middle to low revenues
generated. Emphasis is placed on the visibility of the event for public viewing. The
majority of organizational family functions will fall under this segment.
Examples
Eventel LLC
Under 24: Persons under the age of twenty-four (24) using an event planner
are rare at best. We hope to tap the early college graduates who have begun
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2019 Business Plan | Event Planning Business Plan 11 / 21
13. Age Breakdowns
their professional careers but have not yet started their families. These
events will focus mainly on themes with moderate to high energy appeal.
The revenues generated will range from moderate to high, depending on the
event. The majority of weddings will fall into this segment.
Customer Segmentation
Under 24: 3.8 %Under 24: 3.8 %
Age 25 to 55: 11.5 %Age 25 to 55: 11.5 %
Age 56 and over: 6.7 %Age 56 and over: 6.7 %
Private Organizations: 44.1 %Private Organizations: 44.1 %
Public Organizations: 22.2 %Public Organizations: 22.2 %
Other: 11.7 %Other: 11.7 %
Potential
Customers
Growth Year1 Year2 Year3 Year4 Year5 CAGR
Under 24
Age 25 to 55
Age 56 and
over
Private
Organizations
Public
Organizations
Other
Total
Target Market Segment Strategy
Examples
Eventel LLC
Our target markets are middle to upper-middle class families, couples, individuals,
or private and public organizations. We chose these groups because they are
most able to afford event planners, and have the least amount of time to spare for
event planning in general. Families demand attention, employees are
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2019 Business Plan | Event Planning Business Plan 12 / 21
14. Start Writing here...
overburdened, and overwhelming detail needed to plan large events are too large
a constraint to place on people not trained in the area of event planning.
Service Business Analysis
Start Writing here...
Examples
Eventel LLC
Eventel is in a unique position of competition. We compete against hotels with
conference facilities, conference centers, other event planners both on the large
and small scale, persons within an organization who are assigned the task of
organizing an event, and people who wish to organize their own events without
the benefit of assistance. The benefits and drawbacks of each of our competitors
as compared with the services we offer are hardly a match in quality and price.
Hotels and Conference Centers
Examples
Eventel LLC
Strengths: On-site facilities, equipment, and support staff. Ability to transport and
house persons for overnight stays. Able to internalize the costs of transportation
and equipment.
Weakness: Often very expensive, impersonal, rely on unskilled labor for support
staff. The error rate is high due to high volume and traffic from other events
happening at the same time.
Other Event Planners
Examples
Eventel LLC
Strengths: Have been in the market longer, have established a reputation and
client base.
Weakness: Reputation precedes them, no systems-based businesses designed
to produce consistent results; focus on smaller events, specialized events are
main focused rather than all events; do not have the supporting products to
market with, or instead of, event planning services.
Employees or Persons wishing to do it themselves
Examples
Eventel LLC
Strengths: Internalized cost of planning the event; able to add tiny personalized
touches that have meaning within the group or family.
Weakness: Consumes time that could be spent on other things; don't have
access to the best prices, services, and other needed resources available.
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2019 Business Plan | Event Planning Business Plan 13 / 21
15. Marketing and Sales
Marketing and Competition
Start Writing here...
Examples
Eventel LLC
We have discussed our client base as being predominately middle to upper-
middle class individuals, couples or families, public and private organizations. We
must then look at the needs of these markets and cater to them. We promise the
same great results, every time.
When marketing to individuals, the idea of releasing them from the task, freeing
their time for family and friends, and the promise of a worry-free event are the
Sales Strategy
Eventel deals with a diverse market of clients. Within each market segment, the closing of sales will differ.
Each approach is described as follows:
Private and Public Organizations
Examples
Eventel LLC
Sales will be concluded one to two days after the end of the event. A follow-up
phone call will be placed informing the client of the total cost, number of
attendees, and information about the billing packet that will arrive at their offices.
Feedback forms will be included in these packets to ensure the client is being
served as they deem appropriate. Form letter thank-yous will be sent following
each event.
Individuals
Examples
Eventel LLC
Sales will be concluded with a follow-up phone call one to two days after the
event. The phone call will explain the total cost of the event, number of attendees,
and information concerning the billing. Individual parties of any age group are
placed on a billing cycle. Invoices will be sent out the 25th of the month and will be
due to the 10thof the following month. Feedback forms will be included in these
packets to ensure the client is being served as they deem appropriate. Thank-you
Sales Forecast
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2019 Business Plan | Event Planning Business Plan 14 / 21
16. Sales
Private Public Other
May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
0
5k
10k
15k
20k
25k
30k
By beginning on a smaller scale, Eventel has the foresight to grow at a rapid pace to keep up with demand.
We wish to maintain a steady rate of sales growth; however, we understand that sales of products and
services will vary in different months. As noted in the graph and chart, rapid increases during the holiday
season will boost sales, then allow that growth to level off at a steady rate.
Sales Year1 Year2 Year3
Private $206,170 $276,099 $299,002
Public $113,185 $178,490 $193,000
Other $33,794 $40,081 $62,777
Total Sales $353,149 $494,670 $554,779
Direct Cost of Sales:
Direct Cost of Sales Year1 Year2 Year3
Private $312 $330 $355
Public $210 $246 $346
Other $132 $151 $189
Total $654 $727 $890
2019 Business Plan | Event Planning Business Plan 15 / 21
17. Management and Operations
Management Summary
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Examples
Eventel LLC
Information and expense details are presented in the subtopics Organizational
Structure and Personnel Plan.
Organizational Structure
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Examples
Eventel LLC
The management team within Eventel will be small in the beginning. The primary
employee is the founder, who plans events, then contracts with caterers,
decorators, disc jockeys, and bands to fill out the event. A contract labor site
manager will be on hand to work the events as a liaison and vendor coordinator.
Thus, there are two main employees with various levels of vendors.
When Eventel reaches its expansion goals, each office will have one to two event
Personnel Plan
Personnel Plan Year1 Year2 Year3
Event Specialist $36,000 $40,000 $42,000
Site Manager $11,097 $13,750 $14,560
Other $8,947 $9,560 $10,000
Total People 7 8 9
Total Payroll $56,044 $63,310 $66,560
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2019 Business Plan | Event Planning Business Plan 16 / 21
18. Financial Plan
Financial Plan
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Examples
Eventel LLC
Service-based businesses require little funds to start up, and as they grow and
expand, fewer funds to maintain. The charts and graphs that follow will show that
investment up front allows Eventel to function debt-free with little overhead. This
gives Eventel a quicker break-even point and increased profit margins from the
start. As Eventel grows, the debt-free philosophy will be maintained until it is
impossible to function during growth periods without financial assistance.
Important Assumptions
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Examples
Eventel LLC
Tax rates are noted for information. We carry no loan burden that would be
affected by these rates. What hits Eventel the hardest (but not nearly are bad as
other service businesses), is the tax rate of 23.5%, which is nearly one-quarter of
the total sales. As Eventel continues to grow, these numbers will be reference
rather than influence.
General Assumptions
General Assumptions Year1 Year2 Year3
Plan Month 1 2 2
Current Interest Rate 8.92% 8.92% 8.92%
Long-term Interest Rate 7.99% 7.99% 7.99%
Tax Rate 24.04% 24.04% 24.04%
Sales on Credit % 60.00% 60.00% 60.00%
Other 0 0 0
Key Financial Indicators
The break-even point for Eventel is based on the assumption that we will produce 22 events per month and
average approximately $521 per event. In the current situation, we average more than this assumption for our
public and private organization events. These currently make up 18 of the 22 average events hosted per
month.
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2019 Business Plan | Event Planning Business Plan 17 / 21
19. Benchmark
Sales Gross Margin Operating Expenses Collection Days
Inventory Turnover
Year1 Year2 Year3
0
0
1
1
2
Break-even Analysis
The break-even point will appear more rapidly for Eventel than for other types of home-based businesses.
Start-up costs are limited to minimal equipment, there is little or no staff to pay in the beginning, and
contracted companies will handle any additional equipment required for the planned events.
Break-even Analysis
Monthly Units Break-even 22
Monthly Revenue Break-even $11680
Assumptions
Average Per-Unit Revenue $521.00
Average Per-Unit Variable Cost $75.00
Estimated Monthly Fixed Cost $10,000
Income Statement (5 Year Projections)
2019 Business Plan | Event Planning Business Plan 18 / 21
20. Year1 Year2 Year3 Year4 Year5
Revenues
Product/Service-A $151,200 $333,396 $367,569 $405,245 $446,783
Product/Service B $100,800 $222,264 $245,046 $270,163 $297,855
Total Revenues $252,000 $555,660 $612,615 $675,408 $744,638
Expenses & Costs
Cost of goods sold $57,960 $122,245 $122,523 $128,328 $134,035
Lease $60,000 $61,500 $63,038 $64,613 $66,229
Marketing $20,000 $25,000 $25,000 $25,000 $25,000
Salaries $133,890 $204,030 $224,943 $236,190 $248,000
Other Expenses $3,500 $4,000 $4,500 $5,000 $5,500
Total Expenses & Costs $271,850 $412,775 $435,504 $454,131 $473,263
EBITDA ($19,850) $142,885 $177,112 $221,277 $271,374
Depreciation $36,960 $36,960 $36,960 $36,960 $36,960
EBIT ($56,810) $105,925 $140,152 $184,317 $234,414
Interest $23,621 $20,668 $17,716 $14,763 $11,810
PRETAX INCOME ($80,431) $85,257 $122,436 $169,554 $222,604
Net Operating Loss ($80,431) ($80,431) $0 $0 $0
Income Tax Expense $0 $1,689 $42,853 $59,344 $77,911
NET INCOME ($80,431) $83,568 $79,583 $110,210 $144,693
Net Profit Margin (%) - 15.00% 13.00% 16.30% 19.40%
Balance Sheet (5 Year Projections)
2019 Business Plan | Event Planning Business Plan 19 / 21
22. Year1 Year2 Year3 Year4 Year5
CASH FLOW FROM OPERATIONS
Net Income (Loss) ($80,431) $83,568 $79,583 $110,210 $144,693
Change in working capital ($11,340) ($1,625) ($2,350) ($2,133) ($2,409)
Depreciation $36,960 $36,960 $36,960 $36,960 $36,960
Net Cash Flow from Operations ($54,811) $118,902 $114,193 $145,037 $179,244
CASH FLOW FROM INVESTMENTS
Investment ($246,450) $0 $0 $0 $0
Net Cash Flow from Investments ($246,450) $0 $0 $0 $0
CASH FLOW FROM FINANCING
Cash from equity $0 $0 $0 $0 $0
Cash from debt $317,971 ($45,424) ($45,424) ($45,424) ($45,424)
Net Cash Flow from Financing $317,971 ($45,424) ($45,424) ($45,424) ($45,424)
SUMMARY
Net Cash Flow $16,710 $73,478 $68,769 $99,613 $133,819
Cash at Beginning of Period $0 $16,710 $90,188 $158,957 $258,570
Cash at End of Period $16,710 $90,188 $158,957 $258,570 $392,389
2019 Business Plan | Event Planning Business Plan 21 / 21