Factory Hub, NY 10012, USA
Phone +44 567 890123
Mail@FactoryHub.com

HOW TO START AN EVENT PLANNING COMPANY WITH NO MONEY AND NO CLIENTS

1. Have food to eat, and a roof over your head.

Are you planning to leave your current job, and start your career as an event planner? Well, before quitting your current profession, make sure that you have a backup plan. You don’t need to have lots of cash, just someone who can help you food your food and shelter. If you don’t have your family members and close friends with you, then make sure that you have sufficient cash to help you through the startup phase. It can take around 2 years, depending on the nature of your business.

Support is crucial. You will need all the focus and energy to acquire clients, and begin earning income. Expect to earn a small income for the first year. That will be enough to cover the costs.

Once you have finalized your backup plans, then, you can quit your job. This may be the scariest, yet most liberating move of your life. Expect yourself to work 24/7.

2. Make sure that your company is reliable and unique.

Determine what your unique selling point, or USP is. This quality will separate you from other event organizer companies.

An example of a unique selling point is efficiency, customer service and pushing boundaries. Go the extra mile in meeting your customers’ needs. Create new concept and experiences for every type of customer.

Then, start working with your contacts. Do your best in every project. Remember, you need to sell yourself to be able to get more projects and clients. Reach out to your friends. As your family members to recommend you. Share your company profile to different people.

Be original and realistic. Trust me, they can tell if you are being fake, and trying too hard. Work efficiently through every project, and reflect about the results.

3. Listening is the key to success.

Try your best to do well on every event project, no matter how big or small it is. Listen to your colleagues. Learn from your experiences, and other professionals. Every working relationship must be memorable and remarkable.

Remember, dealing with difficult customers is really a challenge. Deal with them politely, and your business will be remembered and recommended forever.

4. Learn bookkeeping.

Event planning is not just about negotiating catering arrangements and decorating venues. Event planning means running a business. Gradually, your customers will increase, as well as your profits. To manage your finances well, you need to work with an efficient financial system. It doesn’t need to be expensive or fancy. As long as you can monitor what you are spending and receiving, you will be fine.

5. Collaborate with other professionals.

One of the most important encouragements you will receive as an event planner is to collaborate with other professionals. Collaboration is magical and powerful. Implement the right strategies. By working and collaborating with other people, you can learn more knowledge and grow your business efficiently.