Event planning and management Business Idea: The business of event management in India is growing very fast. Now even event managers are being hired in birthday parties. You can start this business with little fund and make money very quickly. Event planning and management can more profitable during the winter or festivals. Birthday parties, marriage ceremonies to family get-together, people need someone who can arrange all the things to arrange event properly. If you have a creative mind, then you can easily get success though this business.
Low Investment, high profit
The event management company charges money from the host according to the number of people coming to the party. If you start an event management firm, you do not need to invest a lot in it. But in this business you are going to get tremendous profits. Let’s know how you can start it.
How to start the business…
To start an event management firm, you need to have experience in event management. To learn this work, you can initially take the responsibility of managing your home events and small parties. In this way, you have to prepare your portfolio and gradually start taking orders for big programs while making your mark. In this way, a network will be ready and regular orders will be received.
Profit margin…
This business gives you the freedom to charge the money you want. You can arrange tents, DJs, catering etc. by taking advance from your client. That is, you will not have to put anything from your pocket. When you calculate after the program, your profit will come out of it. You have to advertise your business so that people can know about your work. For that you need a website, where projects can display. In this business more you invest, more you can earn.