+91 70111 97831
  • About us
    • Data Analyst Team
    • Magazines Sections
    • Editorial Team
  • Advertise with us!
  • Business review
  • Guest writers
    • Guest Contribution
  • Subscription
  • Career
  • Testimonials
  • Contact Us
Sunday, June 4, 2023
International Magazine
Business Connect  | Best Business magazine In India
Upcoming Event
  • News
  • Magazine
  • Interior Design
  • Press Release
    • PR Enquiry
  • Success Stories
  • Latest Edition
  • Launchpad
  • Blogs
  • Testimonials
No Result
View All Result
  • News
  • Magazine
  • Interior Design
  • Press Release
    • PR Enquiry
  • Success Stories
  • Latest Edition
  • Launchpad
  • Blogs
  • Testimonials
No Result
View All Result
Business Connect  | Best Business magazine In India
No Result
View All Result
  • About us
  • Guest writers
  • Business review
  • Advertise with us!
  • Subscription
  • Privacy
  • Why us
Home Blog

How to Start Your Own Event Management Company?

Ravi by Ravi
January 27, 2020
in Blog
How to Start Your Own Event Management Company? | Business Connect

How to Start Your Own Event Management Company? | Business Connect

Share on FacebookShare on Twitter

How to Start Your Own Event Management Company?

One of the most frequently asked questions to a successful event management director is “how did you get here in the business?”.  There is really no magical recipe for being a successful person in business and to start out your own event management company. Every person has their own journey, but there are some key elements to their success. In this article, we highlight the major steps for how to start an Event Management company?

If you are sitting in your home and daydreaming about the glamorous life of owning your own event management company, then it’s time to wake up and move further. Starting up and establishing any business can be crucial in this socioeconomic climate. Ultimately, to be successful in business, one has to face the reality of hard work, long days (and nights), and a whole lot of work in their plate.

There is no time like the present to start your event management business. But before you get started and have your first customer, you need to do some pre-work. There are some major steps that you should follow to start your business. We’ll take you through each one so that by the time you’re done reading this, you’ll be better prepared to open up your own event management company.

Get Event Planning Experience

Before entering into the industry, gather some event management experience and the more event planning experience you will get the better the service you are going to offer your clients. This experience isn’t just limited to event planning skills either, any business requires skills and experience to make you a more rounded business owner. Jump at any opportunity to get paid or unpaid work experience. Use this to learn the things that work and the things you would do differently.

If it is required then teach yourself about how to use tools that will benefit you as a small business. Today, many of the marketing trends available to expand any business so find these programs online and there is a wealth of video tutorials and written content present to help you learn how to use them.

Make a plan and Be confident

Before taking the action for beginning an event management company, make sure you have gained a lot of events and administration experience and you are confident with planning events independently.

Identify the gaps in your skillset and work hard to strengthen these areas through paid work or volunteering at some events.

If you need to keep costs down the planning part for yourself then, teach yourself the core skills that you will need. Learn things such as email marketing, survey tools, accounting programs, design systems, and website building for planning an event management company.

Complete your Market and Competitor Research

The first thing you need to establish is if there is a definite requirement for the services that you want to offer. Instead of just believing it is a good idea you need to do some actual research to confirm this.

This information can be difficult to find and you will need to refer to lots of different sources to try to get a reliable picture. Look into public data, reports, and analysis on the web, talk to people and try to undertake a focus group and individual phone calls with those that you are looking to develop relationships with, to determine evidence of a need.

RelatedPosts

Benefits of E-Filing Income Tax Returns for Stock Investors

The Rhythmic Allure of Steel Pan Instruments: Exploring the Vibrant World of Caribbean Music

India’s Top 10 IT Hub Cities in 2023

Top 5 Indian Cities with Highest Startup Funding

Top 10 Least Visited Countries in the World

Dig into the Realities of Starting a Business

Think about how you are going to survive as it may take some time before money starts coming into the business and you still need to be able to pay your bills during this period. Many people start their business “on the side” during their free time, evening and weekends, whilst working for somebody else. This will obviously depend on the role you have currently to ensure that you are not in breach of contract – make sure you act ethically and fairly to your current employer.

Discuss your aims with your partner and family to try to prepare everyone for the change of lifestyle and circumstances. Working for yourself isn’t the same as working for an employer. The buck stops with you. You are likely to work the longest hours of your life, working 80 plus hours a week is not unheard of for business owners. Also, no work = no pay. Your salary is directly linked to the amount of profit you can generate.

Register your company

Making your company your own brand name is important but there is no point in coming up with a catchy name for your company if it’s not registered. Make sure you have completed all the documentation for the company and you register your company with the relevant body. For example, if we talk about the UK then you can simply register your company with Companies House.

Certainly, by simply registering your company does not give you all the trademark protection, this needs to be done separately. You have to raise that brand name by your own hard work and skills.

Previous Post

DESAMANGALAM FOOD

Next Post

NETIMPACT SOLUTIONS PVT LTD

Ravi

Ravi

Next Post
NetImpact Solutions | Business Connect

NETIMPACT SOLUTIONS PVT LTD

Tudip Technologies | Business Connect

TUDIP TECHNOLOGIES

DOCTOR’S ANALYTICAL LABORATORIES | Business Connect

DOCTOR’S ANALYTICAL LABORATORIES PVT. LTD

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Upcomming event 2023

Business Connect magazine events

Recent News

SonicWall Inc.: A distinguished leader in cyber security 

SonicWall Inc.: A distinguished leader in cyber security 

June 3, 2023
Benefits of E-Filing Income Tax Returns for Stock Investors

Benefits of E-Filing Income Tax Returns for Stock Investors

June 3, 2023
The Rhythmic Allure of Steel Pan Instruments: Exploring the Vibrant World of Caribbean Music

The Rhythmic Allure of Steel Pan Instruments: Exploring the Vibrant World of Caribbean Music

June 3, 2023
Blood on the Tracks: India's Deadliest Train Accidents in the Last 15 Years

Blood on the Tracks: India’s Deadliest Train Accidents in the Last 15 Years

June 3, 2023
https://www.youtube.com/watch?v=5gPvV9iUPII
Business Connect magazine events | Business magazine

Recommended

6 Mobile App Data Breaches You Should Know About

6 Mobile App Data Breaches You Should Know About

April 24, 2023
HIREXA SOLUTIONS

Hirexa Solutions

April 19, 2023

Most Popular

SonicWall Inc.: A distinguished leader in cyber security 
Lounge interview

SonicWall Inc.: A distinguished leader in cyber security 

June 3, 2023
Benefits of E-Filing Income Tax Returns for Stock Investors
Blog

Benefits of E-Filing Income Tax Returns for Stock Investors

June 3, 2023
The Rhythmic Allure of Steel Pan Instruments: Exploring the Vibrant World of Caribbean Music
Blog

The Rhythmic Allure of Steel Pan Instruments: Exploring the Vibrant World of Caribbean Music

June 3, 2023

Business Connect is a business magazine whose name is derived from Business Community which connects entrepreneurs, executive officers and VCs. With a mission to have one of the highest readership figures of senior-level executives and investors in India, Business Connect brings its edition on monthly basis.

Follow Us

Recent News

SonicWall Inc.: A distinguished leader in cyber security 

SonicWall Inc.: A distinguished leader in cyber security 

June 3, 2023
Benefits of E-Filing Income Tax Returns for Stock Investors

Benefits of E-Filing Income Tax Returns for Stock Investors

June 3, 2023

Contact Information

Address: 807, DDA 2, District Centre, Janakpuri West, New Delhi-110058

Phone Number: +91-11-41065208, 42636209

Mail: abhishek@businessconnectindia.in / events@businessconnectindia.in

Contact to Get Feature as Guest Post : info@businessconnectindia.in

  • About us
  • Why us
  • Healthcare
  • Guest writers
  • Career

© 2020 All Rights Reserved by Business Connect India

No Result
View All Result
  • News
  • Magazine
  • Interior Design
  • Press Release
    • PR Enquiry
  • Success Stories
  • Latest Edition
  • Launchpad
  • Blogs
  • Testimonials

© 2020 All Rights Reserved by Business Connect India

Need Help? Chat with us
Start a Conversation
Hi! Click one of our member below to chat on Whatsapp
The team typically replies in a few minutes.
Ashish Kumar
Sales & Support