Starting Your Own Wedding Planning Business

Most wedding planners have a variety of income streams to supplement their standard rates for actually planning client weddings.Some examples of additional income streams are: Savvy clients prefer planners with these additional skills, as it reduces the number of vendors they have to locate, explain their vision to and follow up with.Wedding planning is a good business if you are looking into how to start your own business.

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Of course, the flipside is that your place of business will also have an impact on your expenses.

Renting an office in Manhattan isn’t quite the same as renting one in Chattanooga.

The long answer: Your salary as a wedding planner may be much smaller or much (much) greater depending on a number of factors.

We’ll start with one of the most important: Your experience and education is going to dictate what your clients will be willing to pay you for your services.

Here’s the bottom line I always tell aspiring wedding planners: the beauty of becoming a wedding planner is that, unlike a salaried job, what you put in is exactly what you will get out.

The most expensive wedding planners are those that command high prices through professional marketing and years of experience planning weddings, not by waiting for a promotion like most 9-5 jobs. If you live and plan to practice wedding planning on the Coasts, you will obviously be able to charge more than if you were planning weddings in the south or in a rural area.If you’re in the South and are just starting your wedding planning business, you can expect to make about ,000-,000 your first couple of years.Okay, so we have provided you an in-depth sample wedding planning business plan template.We also took it further by analyzing and drafting a sample wedding planning service marketing plan backed up by actionable guerrilla marketing ideas for wedding planning businesses.To excel in this field, you must be passionate about the business and like everything associated with weddings.Being a wedding planner requires that you become involved in helping couples plan their wedding and everything that surrounds the wedding day.In this article, we will be considering all the requirements for starting a wedding planning business from home.So put on your entrepreneurial hat and let’s proceed.And speaking of which, that brings us to our second factor.As with everything, things in certain areas of the country cost more than in other parts of the country–we’re talking major metropolitan areas like New York or Los Angeles.