Business plan for a event management company

Business plan for a event management company

EVENT PLANNING BUSINESS PLAN TEMPLATE Use this template to create the business plan for your new event management business. blogger.com Basic Business Information • Business Name • Business Owner • Business Address • Email • Phone Number • Mobile Number • Website Address • Social Media Details blogger.com Executive SummaryFile Size: KB A Business Plan on Event Management. Term Paper On New Business Plan Course: Introduction to Business Course Code: EM (Sec: A) Batch: 38th Submitted to: Mr. Mohammad Abdul Jabber Assistant Professor Department of Management Faculty of Business Studies (Evening) Submitted by: A) Md. Ariful Islam ID: B) Zurkani-Al-Refayee ID: Estimated Reading Time: 13 mins What to include in an event planning business plan? Executive Summary. This is the first and foremost section of your business plan. It consists of a clear and precise summary of all your business Products and services. Market Analysis. Management and operational structure. Financial Plan

(PDF) A Business Plan on Event Management | Muhammad Zurkani Al Refayee - blogger.com

business plan for a event management company no longer supports Internet Explorer. To browse Academia. edu and the wider internet faster and more securely, please take a few seconds to upgrade your browser. Log In with Facebook Log In with Google Sign Up with Apple. Remember me on this computer. Enter the email address you signed up with and we'll email you a reset link. Need an account? Click here to sign up. Download Free PDF. Business Plan on Event Management. Download PDF Download Full PDF Package This paper.

A short summary of this paper. Download PDF. Download Full PDF Package. Translate PDF. MONOAR HOSSAIN 02 B EASIN ARAFAT 03 B MD. AKRAM HOSSAIN 04 B MD, business plan for a event management company. SAIDUL ISLAM 05 B SUNJIDA PARVEN 06 B MD. SHAKHAWAT HOSSAIN 07 B MD. Friends Event Management, The Event Planning Specialists, brings to the community of Dhaka a new breath of air in the event planning market. By combining old fashioned values, business plan for a event management company, going the extra mile, and using cutting edge event-planning software, Friends Event Management will lead the market, providing the same quality results, business plan for a event management company, every time.

Friends Event Management is an equal opportunity business making its expertise and its products available to help its customers plan their own events. Party Packs complete kits for their eventmake hosting a party a snap, right down to the refreshments.

The event planning software brings interactive event planning as close as their personal computer. Through these and other affordable products and services, Friends Event Management aims to be the number one resource for any event.

In this whole business plan we describe our industry as well our aim to choosing this business. We also broadly determine our service and facilities we provide to our client. We charge our client at a very cost effective margin hence they will always getting satisfied with our service. We also provide our marketing plan, development plan and operation plan to this paper work.

We try to determine our breakeven analysis hence we are proud to say that we can recover our initial investment within the first year of operation. To start a new business we must analyze its related industry. As we want to do business as an event management business firm, we must analysis its industry, trends, participant and prospect of this business in Bangladesh.

There are few business plan for a event management company event management organizations in the country. The three recognized solely event management organizations are Jetset PR, Antar Showbiz and Wizard. These firms are devoted exclusively to the show business events. But, the corporate market for event management has mostly been unexplored. Although there is a demand for specialized event management organizations, there is few such organizations that cater solely to this demand.

The advertising firms made the most of this circumstances, as they took up event management as a very profitable side business. Unitrend, Andes, and Asiatic EML can be recognized as major players in the industry of event management. As stated before, Asiatic EML is a subsidiary of advertising agency Asiatic. Other than Asiatic EML, CEMS Conference and Exhibition Management System is currently the only firm delivering event management services.

By this analysis we found a very little growth in this industry, though it has a very good potential in doing well in Bangladesh in upcoming year. But most of the people associates with this sector encourage people to adopt this business with having some experience.

In this industry people are encouraging to come especially youth have a business plan for a event management company much passion business plan for a event management company this business industry. So people can easily enter this industry. By analyzing all of this we refer event management as a business we can do in Bangladesh. Though most of them provide services to both individual and corporate client. As we adopt this business, our aim is to satisfy both individual as well as corporate clients through our quality services.

And most importantly satisfy your client through quality services. Our keys to success include the commitment to quality by every person who is part of the team. Each of us will be responsible to push ourselves to a higher level of professionalism in three areas:  Consistent, accurate satisfaction of the client's wishes. As Bangladesh economy is growing more big events will organize by corporate house and individual people are want and willing to make their events more lucrative.

So demand for this business services will increase and more event management company will join together to booming this industry. In many survey reports shows that it will be one of the growing business in upcoming years. So we can assume a bright future and long run prospect of this business. PART-II 2 Company Description In company description we provide our organization overall assessment in brief to aware our reader what our organization is and what is its mission and legal formation and so on.

Why Choose Event Management Business As we observing our business world, and event management business is trending all over the world. This idea has come over our mind as we see lots of international and national event on TV as well as on our personal appearance in different events which encourage us to choose this as our business.

Moreover in this industry is small enough currently where we have to face less competitors. So assuming all this thing we think this is the business we can choose as our own business and thus the idea of Friends Event Management turn into our business goal. Vision Friends Event Management initiates its dedication to serve the community with quality services and set an example of professionalism and moral business practices in the industry.

The vision of Friends Event Management is positioned towards becoming the market leader in event management through hard work and commitment, maintaining the leadership and carrying the flag of uncompromising quality into the unforeseen future with constant value addition and a strong line of innovation.

The following products are tools used inside our operation for the best possible results: 1. Party Pack The Party Pack is a complete kit for any party. It includes decorations, lighting effects guide, disposable theme cameras, cutlery, plates, napkins, cups, punch mix or recipesnack supplies or recipetablecloths, theme music where applicablebusiness plan for a event management company, invitations, thank-you cards, and a step-by-step guide to planning, putting together, and hosting the event.

Step-by-Step Guides These booklets include a calendar to map out the event, a step-by-step guide on what is needed for and how to put together a successful, worry-free event, resource information, popular refreshments with recipes, games, and tips to put their event in the record books. The events available include birthdays for all ages, meetings, retreats, parties, vacations, business plan for a event management company, and special occasion celebrations such as graduations, holidays, showers, weddings, and receptions.

Resources Manual This valuable guide acts as a review for all the resources located in the surrounding area. A ranking is given to the various services, such as caterers, decorators, disc jockeys, bands, and facilities. This manual gives the client the freedom of making a choice based on experience. Friends Event Management provides event planning in a wide range of applications. We guarantee satisfaction in the areas of appearance, performance, and taste. The following is a sampling of the types of events we will plan every year: 1.

Meetings, Trainings, and Retreats. Conferences and Workshops. Birthdays, Anniversaries, Graduations and Holidays. Weddings, Receptions, and Showers. Company picnics, banquets, and award ceremonies. Friends events management will do and take every possible initiative to recover its investment through providing its variety range of services to its potential client and earn a moderate profit margin from every events it organize.

Friend event management also want to celebrate business plan for a event management company first anniversary as high profitable organization and want to expand its market all over Bangladesh. But in near future ownership will change as per necessity. It has also aim to turn into a company under company act Friends Event Management will be a service oriented company that is the firm will provide intangible goods or perform useful labor on behalf of another person. For the purpose of registration the entrepreneur must acquire the following licenses.

Trade License — From Dhaka City Corporation North or South as Per Location 2. Article of Incorporation — From Registrar of Joint Stock Company when it will turn into a company 3. Tax Certificate — From National Board of Revenue PART-III 3 Market Analysis The market analysis is distinctly different than the industry analysis. Whereas the industry analysis focuses on the industry that a firm will participate in i. In this part we segment our market and select our target market.

We also analysis our possible competitors, business plan for a event management company. The huge market out there has not been explored yet. This market can be distributed into three major segments. The corporate clients are located in Gulshan, Dhanmondi and Motijheel — which will be the key area of attention while conducting the marketing accomplishments. As a result, they have less time to spend on social affairs like marriages, get together or a may be a birthday party for the children, or concert and other family function as well as social functions.

These people make up the non- corporate client segment of the event management market. Each year the Bangladesh Government hosts a variety of programs. Which firm will be in care of these programs are decided by tenders. Target market determination As has been mentioned earlier, the market for event management has been unexplored.

But, at the same time, this market is too huge to be targeted by a small firm like Friends Event Management.

How to Get Clients for Your Event Planning Business

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Event Planning Business Plan [ Updated] | OGScapital

The corporate clients The non-corporate clients The Bangladesh Government The Corporate Clients Department of finance Jagannath university 11 | P a g e Business Plan: Friends Event Management This section includes various multinational companies, local public and private limited companies, financial and non-financial institutions, joint Estimated Reading Time: 13 mins EVENT PLANNING BUSINESS PLAN TEMPLATE Use this template to create the business plan for your new event management business. blogger.com Basic Business Information • Business Name • Business Owner • Business Address • Email • Phone Number • Mobile Number • Website Address • Social Media Details blogger.com Executive SummaryFile Size: KB Jan 15,  · The most important component of an effective event planning business plan template is its accurate marketing analysis that’s why Anna acquired the services of marketing experts to help her through this phase. It is only after this stage that a good event management business plan could have been developed. After identifying the local market trends in the New York City, the marketing experts Insurance: $62,