Wedding Planning Business Plan

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Catharine Han: My startup cost was very little..than $500 dollars and did not need to take out a loan. Our site is focused exclusively on giving small business advice, tutorials and insider insights.

BND: What was the cost of the most expensive wedding you planned? H.: The cost of the most expensive wedding that I have done is $80,000.

A great event company name captures attention, establishes the vibe of your business, and clarifies what your event design service is all about. Once you get going, you’ll likely hit a roadblock: your favorite event planning name is already taken by a local company, a friend points out your choice is too generic, or the clever name you thought of in the middle of the night strikes you as silly the next day.

These bumps are inevitable, so begin brainstorming company name ideas early and look for inspiration everywhere. Next, think about what makes your event planning service special.

Enlist family and friends who are excited to help — and won’t take it personally when you don’t choose their idea. A few pro tips: When you’ve winnowed down your list to a dozen ideas or so, it’s time to research whether your company name exists already.

A company name that’s the same as or too similar to other companies in your area could confuse prospective clients.You can add your location or name to differentiate your business.So Sweeping Vistas Events becomes Sweeping Vistas Events of Easton, or Golden Heron Event Design changes to Golden Heron Design by Daniel. October because Wisconsin is beautiful with all the fall colors.You’ve decided to launch an event planning company. This is an exciting time filled with anticipation, nerves, and a to-do list a million miles long — including choosing a name for your business.Business Type: Wedding Planning Business Owner: Catharine Han Business Name: Your Dream Wedding & Events We've all had dreams of starting our own business. H.: In my industry they are called vendors, but better term is event professionals. When I first started out I Googled different things like photographers, florists, etc., and met with them that way. This is not to say that I cannot plan more, but this is what I have done. BND: What is the easiest way to save money on a wedding? H.: The easiest way to save money is by not including linens and lighting, although it adds texture and color to your wedding. H.: Yes and I truly believe it is part of my job to really help them iron things out when it comes to their wedding.But, often, the challenge is figuring out how to turn your brilliant business idea into a profitable adventure. H.: My biggest challenge has been this economy right now...a lot more people are into DIY (do-it-yourself) mode because we are in tough times however we as event planners as well as with other event professionals are trying to educate consumers by saying that some things you just cannot do by yourself and should be left for professionals like myself. I also network with these professionals through different association meetings. But, there are other ways of adding color to your wedding, for instance through your centerpiece. BND: Have you ever had to turn away couples because they were to difficult to work with? H.: Yes, I have turned couples away because they were too difficult to work with.Most wedding planners simply go into business because they themselves enjoyed planning their own wedding, or a friend or relative’s wedding.Although there is no formal collegiate level education to become a wedding planner, many wedding planners have studied communications or marketing at the college level.She tells us how she got started and, more importantly, if she has ever encountered last minute cancellations. If you are interested in opening your own wedding planning business, you can get more information from these wedding planning associations: Association of Bridal Consultantshttp and the Association of Certified Professional Wedding Consultants.Business News Daily: What were your initial startup costs? Business News Daily was founded in 2010 as a resource for small business owners at all stages of their entrepreneurial journey.


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