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wedding plan

The special events industry has grown enormously in the past decade. If you are extremely organized and have a strong attention to detail, a career in the wedding and event planning industry might be right for you. According to Entrepreneur, an online source for business information, the start-up costs for becoming an event planner are less than $2,000 and it is a business that can be operated from your own home. The event planning business doesn't require much equipment to get started. As long as you have basic office equipment, such as a computer, printer and word processing software, you can write client proposals and print contracts. Event planners also need to have a cellular phone for their business and be prepared to take client and vendor calls at any time.

With the wedding industry booming, Start-ups has compiled a step-by-step guide to start a wedding planning business. Most people in the UK tend to get married between the months of May and September, when the weather is better, so you will be doing the majority of your actual planning during that time. Because it is a seasonal business, your earnings are likely to fluctuate.

The wedding report 2015-2016 shows that more than half of the brides (60%) are in their twenties, only 5% of brides are over 40. The average wedding costs in the UK are around £18,500. In the year 2014, there were 247,372 marriages, which is an increase of 2,7% from 2013, but 6,2% lower than in 2012.

Proper financial planning is, therefore, essential. You also need to work out how you will charge your clients, which will depend on what kind of service you plan to offer. If your plan is to secure ‘full’ planning contracts, where you oversee the entire process from start to finish, generally you would charge a percentage of the entire budget of the wedding (typically 10-15%), subject to a minimum fee. Proper planning is essential when starting any business, but doubly so when starting a wedding planning business, as the amount of work available will change dramatically with the time of year.

In B&F Services we specialize to deal with different business plans over the last decade. We are delighted to help thousands of Entrepreneurs to start their own businesses in the UK.

 

Your advantages with us:

  • Consultants with over 10 years’ experience and market know-how across a wide range of industries
  • Decades of experience in projecting financial performance and growth of business all from one hand:
  • Consulting and Coaching
  • Professional Business Plans
  • Business Establishment and Accountancy
  • Comprehensive Software solution
  • “save time and get experience”
  • Over 3,176 established businesses in the UK
  • Over 1,756 completed business plans
  • 485 completed Tier 1 visa business plans
  • 96% secured funding based on our business plans
  • £55 mil. raised for SME`s

Would you like to start your journey to a successful business with a professional business plan?

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