Benefits of Owning your Own Event Planning Business
Owning your own business can be a challenge as well as very rewarding. The event planning industry lends itself very nicely to owning your business as you just need a few clients in order to be successful. If you are looking to plan smaller events such as weddings, anniversaries and other parties, you will not have much overhead and each project will not be too time consuming, making it quite easy to own your own event planning business.
Do the Work you Enjoy Most When you own your own event planning business, you get to do the type of work you enjoy most. If you find that you enjoy planning weddings more than corporate retreats, you can work exclusively as a wedding planner and only seek those types of clients. By having control over the types of clients you work with, you will enjoy your job a lot more than if you had to work with difficult clients planning an event you do not enjoy all while also answering to a boss.
Freedom Many people start their own business for the freedom it allows them to live a different lifestyle than the traditional 9 to 5 desk job. Since you can plan the majority of a small event at any time of day, you do not need to sit at a desk all day long when you are an event planner. Having the freedom to take days off when you feel like and work at your own pace will keep you fresh and motivated while planning an event for a client. This freedom can go a long way in making you happy and allowing you to enjoy life to its fullest.
Financial Freedom In addition to having more time for yourself and family, owning an event planning business can also provide you with more financial freedom. Rather than only receiving a salary amount that a company is willing to pay you, you will be able to keep all of the money you receive from a client for a project for yourself. Oftentimes, this amount is a lot higher than what you would receive as a salaried employee working in an event planning role.
Easier to Join the Event Planning Industry
Many people have a tough time entering into the event planning process simply because they do not have enough real world experience to land their first job. Rather than sending out a resume and hoping a company hires you, you can simply start your own business and find your own clients. Getting your friends and family as clients when you first get started is an excellent way to build a portfolio of events you have successfully planned. Once you can prove to others that you know what you are doing when it comes to planning certain events, you will have an easier time landing them as a client for your business.
Being a small business owner is a rewarding experience but also a lot of hard work. If you are willing to put in the time and effort, starting an event planning business has a lot of advantages over traditional employment. If you are serious about entering the event planning industry, carefully consider all of the benefits associated with starting your own business before accepting a corporate 9 to 5 event planning job.