How to Start An Event Management Business service

How to Start An Event Management Business service

Whatever business you are going to start requires interest and vast knowledge and skills not on business I’m saying of experience and logical thinking because event management requires fresh unique thinking .As this article explains about How to Start An Event Management Business service.

How to Start An Event Management Business service

Event Management and Event Planning difference.

What is Event Management?

Event management is the application of project management to the creation and development of large scale events such as festivals, conferences, ceremonies, formal parties, concerts, or conventions.

  • Celebrations (fairs, parades, weddings, reunions, birthdays, anniversaries)
  • Education (conferences, meetings, graduations)
  • Promotions (product launches, political rallies, fashion shows)
  • Commemorations (memorials, civic events)

What is event planning?

Planners of an event may handle any or all of the following tasks related to that event:

  • Conducting research
  • Creating an event design
  • Finding a site
  • Arranging for food, decor, and entertainment
  • Planning transportation to and from the event
  • Sending invitations to attendees
  • Arranging any necessary accommodations for attendees
  • Coordinating the activities of event personnel
  • Supervising at the site
  • Conducting evaluations of the event

How to Start An Event Management Business service

For the start up of event management

  1. Introduction
  2. Target Market
  3. Startup Costs
  4. Operations
  5. Income and Billing
  6. Marketing and Resources

These six fields are necessary steps for the proper functioning of business and for earning huge profits.

  1. Best things you should know at your startup!!!

  • While at the startup the best way to reduce risk is RESEARCH.Do lots of homework or surveys and group research,If you’re new to the event planning industry, research may instead mean finding out all you can about vendors and suppliers.

 

  • DESIGN is the second primary thing for success,Your creativity comes most into play in the design phase of event planning, during which you sketch out the overall “feel” and “look” of the event. This is the time to brainstorm, either by yourself or with your employees.

 

  • The third step is PROPOSAL, Make your proposal unique and clear.Once you’ve interviewed the client and done some preliminary brainstorming, you should have enough information to prepare a proposal. Be aware that the production of a proposal is time-consuming and potentially expensive, especially if you include photographs or sketches.

 

  • Act as ORGANIZATION,  Make sure you should available 24×7 over directly or through telephones because customer satisfaction is primary thing.Substitute is necessary anything may happen to anyone at anytime so make sure having enough man power.

 

  • COORDINATION at this point, your goal is to ensure that everyone is on the same wavelength. Good communication skills are important. Make sure all vendors have at least a general idea of the overall event schedule. Even more important, vendors should be clear about what’s expected of them, and when.