How To Start An Event Planning Business From Home (2024)
Are you someone who loves planning events? Do you have a knack for detail and organization? If so, starting an event planning business from home may be the perfect career for you! In this blog post, we’ll outline the basics of starting your own event planning business, from setting up and marketing yourself to finding clients and putting together event proposals. So read on to learn more about how to turn your passion for events into a successful business venture!
Many organizers began as amateurs or apprentice from their homes before becoming seasoned event planners. This is typically the most solid foundation for establishing your own event planning business in Nigeria.
Starting an event planning business from the comfort of your own home has several advantages, and they are:
- Being cheap to operate.
- Reduced concerns about paying or leasing an expensive office space.
- It allows you to concentrate on the company’s development.
- It also allows you to save more and raise capital for growth.
If you’re considering whether or not establishing your event planning business from home will work, I can answer yes. Now that we’ve gone over some of the points to consider, let’s get started on what it takes to kick start your event planning firm from home.
HOW TO START AN EVENT PLANNING COMPANY/BUSINESS FROM HOME
Follow these steps to setup your own event planning business from the comfort of your home easily:
STEP 1: CARRY OUT RESEARCH
As an entrepreneur who is beginning his or her event planning company from home, you must engage or undergo some thinking. Take the opportunity to conduct a detailed research and market testing that would be more beneficial to your profession. This will enable you know how to plan ahead and be conversant with the market.
Find out what people are saying about event planners in your area. For instance, how much do event planners typically charge for their service? What types of events mainly use event planners? Are there any local or national companies that provide event services like catering and entertainment? Do they have a website? If so, visit it at least once a week to keep up on trends in your industry.
STEP 2: FORM YOUR BUSINESS PLAN
When formulating your event planning plan, make sure it is in line with your event planning goals (i.e., how much money you want to make, the number of events you want to plan per month). Determine which strategies are most important to building your event business. For example, will selling event services be more profitable than selling event supplies? Will it be better to market yourself locally or nationally?
STEP 3: ENSURE YOU HAVE THE RIGHT MOTIVATION AND ZEAL
You’ll need to be your own motivation, if you want your event planning ideas to flourish. Because you will be working from home, you must find techniques for encouraging yourself while looking forward to establishing a well-known brand for yourself and your company.
STEP 4: FIND MARKETABLE SKILLS
Find out what makes you unique when compared to other event planners in a particular area. For instance, if you have a degree in event planning and catering from a local university, people might hire you over someone who does not have a degree because they trust your knowledge and skills. If you do not have any degrees but have been doing event planning for years
STEP 5: START OFF WITH LOW CAPITAL
You may save money when you operate your own event planning company, especially from home. I’m referring to things like office rental costs, creating a professional appearance, daily transportation expenses, and so on.
STEP 6: ASSOCIATE WITH OTHER EVENT PLANNERS
Networking is critical in the world of business, whether you’re operating from home or in a rented office. All you have to do is create a network of relationships with other event planners and contacts that will assist your company in achieving your objectives. Ensure you market your brand effectively to friends, relatives, and potential customers.
Attend social gatherings and other events to enhance your networking skills, you never know where your next job may come from. You should also try online networking by building a website for your business, displaying past projects, and so on. Also remember to go over to other social media sites and advertise your company there as well.
STEP 7: SET UP WORKSPACE
You’ll need to convert one of your rooms into a work area. You may either design the workstation to suit your working style or modify it to match your personal tastes, but be sure you have access to working things like a smartphone or laptop with an Internet connection, a desk, shelf or filing cabinet, and so forth.
STEP 8: BE SELF DISCIPLINED ALWAYS
You shouldn’t be less serious because you are working from home. Some people require something or someone to get them going with their daily job. Ensure you are self disciplined so as not to slack. When you feel like giving up, remember that these words will help keep you going and motivated. You may even want to get up and dress like you’re going for an office job or something and begin your day at home – if this helps you stay focused, go for it. Do whatever works best for you, so far you get the end result.
STEP 9: EXPANSION
The part of business growth you may face is this. You’ll need to acquire a larger printer, marketing materials, and other operational equipment. Your main worry will be where to store these things as they grow in number on your desk. After that comes the necessity to relocate to a larger and more well-constructed workplace.
There is always a high level of productivity when carrying out event planning business from home. You only need the right mentality to succeed in this venture. The benefits of not having to pay tax, office rent or any other expenses is a bonus. Although, we understand that this is still on a small scale, but you will be able to expand as your event planning company grows bigger and better.