Small Brief Idea
To Start A Event Planning Service- Event Management
The special event industries
have been developed rapidly in the past decades. According to some research spending for special events worldwide is $500
billion annually. Goldblatt is the founder of International Special
Events Society (ISES), the founding director of the Event Management Program at
George Washington University, and co-author of The International Dictionary of Event Management. "Suffice it to say, the marketplace is large enough to
support and sustain your endeavor," says Goldblatt. When you are
working in an event, you will get to know that there are many directions in
which you can expand. While if you are new in this profession then there's a lucrative market awaiting you on many fronts.
Some
actual things to practice in event planning service: Introduction, target
market, start-up costs, operations, income, and billing, marketing and
resource.
In
introduction, the actual question is what kind of events we are actually
talking about? And what is event planning?
There are four purposes where an event occurs, those are:
- Celebrations (fairs, parades, weddings,
reunions, birthdays, anniversaries)
- Education (conferences, meetings, graduations)
- Promotions (product launches, political
rallies, fashion shows)
- Commemorations (memorials, civic events)
Now we move to the second question:
What is event planning? Planners of an event may handle any or all of the
following tasks related to that event:
- Conducting research
- Creating an event design
- Finding a site
- Arranging for food, decor, and entertainment
- Planning transportation to and from the event
- Sending invitations to attendees
- Arranging any necessary accommodations for
attendees
- Coordinating the activities of event personnel
Now in target
market, there are two markets, one is the corporate market and the other one is the social
market. Incorporate market, it not only includes companies but also charity
and nonprofit organizations. Charities
and nonprofit organizations host gala fundraisers, receptions and athletic
competitions, among other events, to expand their public support base and raise
funds. Thousands of these events occur each year, and although the large ones
require specialized event planning experience, you may find smaller local
events to start out with. Social events include weddings, birthdays,
anniversary parties, bar and bat mitzvahs, Sweet 16 parties, children's
parties, reunions and so on. You may decide to handle all these events or just
specialize in one or more of them.
In start-up cost, it shows how much money you needed for your
evening planning business, That will depend on the cost of living in the area
your business serves and whether you work from home or rent office space. It
will also depend, to a lesser degree, on your own taste and lifestyle choices.
In operations, Few, if any, event planners have 9-to-5 jobs.
By its very nature, event planning tends to involve evenings, weekends,
holidays and sometimes even specific seasons. How much time you must commit to
working will depend, once again, on the specialization you choose.
Income and billing contain The goal in pricing a service is
to mark up your labor and material costs sufficiently to cover overhead
expenses and generate an acceptable profit. First-time business owners often
fail because they unknowingly priced their services too low.
Market and resources involve Print advertising covers a broad
range, from a free—or inexpensive—Yellow Pages advertisement to an ad in a
glossy national publication costing tens of thousands
of dollars. Even today in the online era, most planners agree that an
ad in the Yellow Pages makes good business sense. A line advertisement,
simply listing your business name, is often provided free of charge
when you connect your phone
So, here’s the brief work done in practicing evening
planning, what are your views?
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