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Personal Event Planning Business Plan

3 March 2023 Businnes Plan


Personal Event Planning Business Plan


Opportunity

Problem

Because of the fast pace of life, there is little time to plan parties, events, or social gatherings. With the increasing number of people and incomes, the demand for this service is only going to increase.

Solution

Occasionsis an equal-opportunity business, making its experience and products available for customers to plan their own events. The party packs, complete with everything needed to organize the event, make hosting a party easy. The event planning software allows for interactive event planning right from their personal computer. Occasions strives to be the best resource for any event through these and other inexpensive products and services.

Market

The event planning market is split into many different segments. The services we offer are sought after by both individuals and organizations. We divide the market into different segments, including public and private, to offer the most complete information.

Competition

Occasions stands out in a competitive market. We compete with hotels that have conference facilities, conference centres, other event organizers, people within organizations who are responsible for organizing an event and those who do not want assistance. There are few services that can match ours in terms of quality and price.

Why Us

Occasions, although primarily a business of service, also offers products that can be used to assist our customers in organizing the event. Our customers receive our experience and contacts to help them plan their perfect party at the perfect price.

Expectations

Forecast

These rates are provided for information. These rates do not affect our loan burden. Occasions suffers the most from the tax rate at 24%. This is nearly one quarter the sales. As Occasions continues to grow, these numbers will be reference rather than influence.

Financial Highlights for the Year

You will need financing

The owners will contribute $25,000 for startup costs and salaries needed to turn this part time company into a full time supportive business


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