Wedding Planning Business Plan
- 1 Do you want to start wedding planning business?
- 2 Executive Summary
- 3 Company Summary
- 4 Services for customers
- 5 Marketing Analysis of wedding planning business
- 6 Strategy
- 7 Personnel plan
- 8 Financial Plan
Do you want to start wedding planning business?
Do you want to start a wedding planning business? Well, if you have a passion to plan events along with good management skills, you can certainly enter into this venture. The biggest benefit of starting this business is that it requires the least capital investment as compared to many other businesses. You can start this business in a small office with a small team and a little inventory comprising of mostly office and stationery products. Secondly, this business starts yielding a profit as soon as it is launched.
Finally, this business never gets down since 2.3 million couples wed every year in the US and nearly $72 billion dollars are spent annually on these weddings. Considering these stats, it is evident that this business can prove immensely profitable provided that you plan it successfully.
So, before you move on to starting this venture, you will have to prepare a comprehensive business plan which will establish the basis of your company’s future operations and decisions. If you are wondering how to write an effective business plan then here we are providing you the business plan of a wedding planning business startup named ‘Kelly Weddings’.