Brief overview
If you are good at organizing or planning you could help plan parties or events. This could be a fairly low capital startup, however, it will take some real work to make it viable. The key to making this business work is being well connected to service providers who can deliver what your clients desire. The event planner is the glue that brings it all together. You might find it hard to break into the “cultural party” business like wedding planning and birthdays, however, planning business forums, meetings, and events can be very lucrative. Developing a name is key in this business, so make sure you serve each client well and your business will surely grow.
More Information
Capital / Setup Cost
Under $5,000
Legitimacy
Medium
Employees
1-5
Rate of Technological Change
Low
Time Involvement
40 – 60 hours per week
People Contact
High
Specific Training
Little training
Seasonality
High