Event Planner Business Plan Writer


Event planners tend to do well in most economic climates given that people are going to have major milestones at any given time. In the 14 years we have been in business, there's hardly been a year has gone by will not work with at least two to three people specifically the development of a business plan for events planning and organization business. One of the nice things about this industry is that despite the fact that an economic recession can impact revenues, the high gross margins generated from the services rendered are able to ensure that the business is able to remain profitable in most economic climates. Additionally, they can be scaled down any time to reflect changes in the economy. However, over the past seven years the US economy has become robust. More and more people are spending substantial sums of money on major events including weddings, anniversaries, major birthday celebrations, bar and bat mitzvahs, and other important family events. Additionally, corporations have drastically increased the amount of money allocated towards event budgets for gatherings, client gatherings, and other major events regarding business.


When we develop a business plan specific for an event planning business, we focus on the numerous revenue streams that can be generated from each and every event. Many of the event planners that we have worked with in the past offer a number of ancillary services that assist an individual or business with making the event as seamless as possible. In the specific financial model used for an event planner, we completed a five-year analysis which includes a profit and loss statement, cash analysis, balance sheet, breakeven analysis, and business ratios page. Deutsch and Thomas business plans always come with the complete industry research that is cited throughout the document.


One of the other key things we focus on heavily with an event planning focus business plan is the development of an expensive marketing plan. Given that there is always a moderate to substantial amount of competition in most markets among event planners, most of these businesses must find ways to differentiate themselves from each other. As such, would make substantial effort to develop a full-scale marketing plan which includes the use of traditional advertising methods, online marketing, and the ongoing development of social relationships with major event venues and banquet halls. We document all the appropriate potential referral sources and marketing sources can be used by an entrepreneur in order to have their business generally revenue very quickly once operations commence.


As it relates to the acquisition of capital to start these businesses, we focus significantly on the fact that the high-margin revenues generated from event planning services and related services are able to cover a debt expense. Most event planning businesses are typically funded either with the owners capital or a working capital line of credit secured from a financial institution. In the event that the owner is looking to raise money from a private investor then we focus significantly on the fact that the funds required will generate a substantial return on investment on a quarterly basis.


Each of the business plans that we develop always features monthly and quarterly financial statements.


We look forward to working with you, and we're more than happy to answer any questions you may have regarding the development of the business plan. Please feel free to contact us anytime at 646-216-9844 or via the contact us page below.



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