How do I start my own event management company?
Here’s how to make the leap from event management into starting an event planning business.
- Register your event management company’s business and apply for permits or licenses.
- Create your event planning business plan.
- Plan your marketing approach.
- Streamline your tasks.
- Track your progress.
- Manage your time.
How much money is required to open a event management company?
Major investment will be a strong team comprising of 5-6 skilled workers, which will be your recurring monthly cost of INR 1-1.5 lakh. According to Ruchi Garg, CEO and co-founder of Venuelook, you will also need a working capital investment of around INR 1–3 lakh per month to take care of running costs.
How can I start an event management business with no money?
5 Steps for Starting an Event Planning Business With No Money
- Identifying your target market.
- Pricing your event planning services.
- Marketing and resources.
- Developing a business plan.
- Operations and logistics.
Is there any course for event management?
An individual can pursue an event management course in undergraduate BBA/BA, as well as postgraduate MBA/MA, level of degree.
How do I start my own event company?
Start with the right event tools for your business
- Set a marketing budget and use a PR company when possible.
- Clearly define your scope of work, mission and goals for your event business.
- Have your elevator speech ready.
- Do your market research.
- Spend some time learning tax laws and business filing in your area.
How do I host an event with no money?
12 Steps to Organizing Your Event with Zero Budget
- Idea and Concept. Once you come up with an event idea, remember to be flexible.
- Determine the audience.
- Create the agenda.
- Find the right venue.
- Invite speakers for free.
- Find partners.
- Find sponsors.
- Free marketing and media partners.