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A Wedding Consultant Business Plan
Presented by Lai Min Hui, Cheah Ee Von,Chew Woanchyin,
Gennieve Lee
Suit up for a whirlwind of fun
wedding memories
Symbols designed by Ee Von
Company Summary
• Lace and Tie is a startup wedding consultant ,
which will focus on providing weddings
• our goal is to make a beautiful, memorable
and as stress-free as possible in the clients’
wedding day.
Services
• weddings
• bridal party
• receptions
• anniversaries consultations
• budget planning
• referral services to florists, hair stylists, bakery,
musicians, etc.
Mission
• hoping to create unforgettable memories as
dreamlike and fun as possible
• sticking to realistic budget
• planning under a stress free environment.
Keys to Success
• Maintain a professional image at all times.
• Able to perform duties under critical and
emergency situations.
Company Locations and
Facilities
- Initially this will be a home-based business
- plan to have our own office by Year 4 if
- all debts is paid and the
- rolling flow of cash is stable
- company is making profit annually.
Ownership
• simple 4 partner-partnership
• owned by its founders, Lai Min Hui, Cheah Ee
Von, Gennieve Lee and Chew Woanchyin.
• owners have complete control and authority
over the business.
Services’ details
• event scheduling
• etiquette advice
• guest invitations & attendance’s RSVPs,
• vendors & location confirmation
• ceremonial and reception supervision
• counseling
• the set up of decorations according to the theme
assigned by the client to the reception.
Start up summary
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
Year 1 Year 2 Year 3
Expenses
Assets
Investment
Loans
• our start-up cost will be RM 20,000
• RM 20,000 will be as operating capital
• RM 10,000 as cash in hand
• RM30,000 loan as financial back up.
Management summary
• 5 Consultants consisting of 4 founders & 1
hired professional
• Min Hui & Woanchyin will focus more on
management & administrative
• Part time workers would be more than full
time
Marital Status of
Malaysians in Year 2010
Married
Never married
Widowed
Divorced
The Competitors
• MY Wedding Planner
• Stephen Foong
• Joan Wedding Planner
• The Wedding Project
The Clients
The Method
• Services that we aim to beat our competitors:
• Custom made wedding cakes & catering
services
• Decoration
• Venue
• Stationery and printing services
Potential Partners:
Wedding cakes Catering services Decoration
Stationary Cinematography Florist
& Printing Services & Photography
Sales Strategy
• Advertising in local newspapers
• Advertising through social media
• Word of mouth referrals
• Developing associate relationships
30000
120000
480000
Year 1 Year 2 Year 3
Forecasted Sales by Year
Brides & Grooms
Others
Further Expansion
• will consider re-registering as a limited liability
company or as a corporation
• Lace & Tie plan to have branches in all the
major cities of Malaysia in the near future
• own in house decoration & printing
subdivision established.
Conclusion
- nearly RM 35 billion are spent every year
on weddings and receptions.
- rate of weddings per year increases.
- the demand of a professional wedding
consultants had increase as well.
- competition is not fierce, good opportunity
- good investment.
READY FOR
BUSINESS.
RESERVE
NOW!
References
• Bplans (1996-2013), Wedding Consultant business plan, available at
http://www.bplans.com/wedding_consultant_business_plan/executive_summary_
fc.php#.UTYXeqXbBUR
• Ruffled (2008-2013), Ruffles, available at http://ruffledblog.com/golden-winter-
wedding-ideas/
• 3pm Studios (2013), [Video] Steve & Mandy Wedding Highlight

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Presentation for business [offical edition]

  • 1. A Wedding Consultant Business Plan Presented by Lai Min Hui, Cheah Ee Von,Chew Woanchyin, Gennieve Lee
  • 2. Suit up for a whirlwind of fun wedding memories Symbols designed by Ee Von
  • 3. Company Summary • Lace and Tie is a startup wedding consultant , which will focus on providing weddings • our goal is to make a beautiful, memorable and as stress-free as possible in the clients’ wedding day.
  • 4. Services • weddings • bridal party • receptions • anniversaries consultations • budget planning • referral services to florists, hair stylists, bakery, musicians, etc.
  • 5. Mission • hoping to create unforgettable memories as dreamlike and fun as possible • sticking to realistic budget • planning under a stress free environment.
  • 6. Keys to Success • Maintain a professional image at all times. • Able to perform duties under critical and emergency situations.
  • 7. Company Locations and Facilities - Initially this will be a home-based business - plan to have our own office by Year 4 if - all debts is paid and the - rolling flow of cash is stable - company is making profit annually.
  • 8. Ownership • simple 4 partner-partnership • owned by its founders, Lai Min Hui, Cheah Ee Von, Gennieve Lee and Chew Woanchyin. • owners have complete control and authority over the business.
  • 9. Services’ details • event scheduling • etiquette advice • guest invitations & attendance’s RSVPs, • vendors & location confirmation • ceremonial and reception supervision • counseling • the set up of decorations according to the theme assigned by the client to the reception.
  • 11. • our start-up cost will be RM 20,000 • RM 20,000 will be as operating capital • RM 10,000 as cash in hand • RM30,000 loan as financial back up.
  • 12. Management summary • 5 Consultants consisting of 4 founders & 1 hired professional • Min Hui & Woanchyin will focus more on management & administrative • Part time workers would be more than full time
  • 13. Marital Status of Malaysians in Year 2010 Married Never married Widowed Divorced
  • 14. The Competitors • MY Wedding Planner • Stephen Foong • Joan Wedding Planner • The Wedding Project
  • 16. The Method • Services that we aim to beat our competitors: • Custom made wedding cakes & catering services
  • 19. • Stationery and printing services
  • 20. Potential Partners: Wedding cakes Catering services Decoration Stationary Cinematography Florist & Printing Services & Photography
  • 21. Sales Strategy • Advertising in local newspapers • Advertising through social media • Word of mouth referrals • Developing associate relationships
  • 22. 30000 120000 480000 Year 1 Year 2 Year 3 Forecasted Sales by Year Brides & Grooms Others
  • 23. Further Expansion • will consider re-registering as a limited liability company or as a corporation • Lace & Tie plan to have branches in all the major cities of Malaysia in the near future • own in house decoration & printing subdivision established.
  • 24. Conclusion - nearly RM 35 billion are spent every year on weddings and receptions. - rate of weddings per year increases. - the demand of a professional wedding consultants had increase as well. - competition is not fierce, good opportunity - good investment.
  • 26. References • Bplans (1996-2013), Wedding Consultant business plan, available at http://www.bplans.com/wedding_consultant_business_plan/executive_summary_ fc.php#.UTYXeqXbBUR • Ruffled (2008-2013), Ruffles, available at http://ruffledblog.com/golden-winter- wedding-ideas/ • 3pm Studios (2013), [Video] Steve & Mandy Wedding Highlight