Learn How to Start a Wedding Planning Business
- Consider Learning the Ropes As an On-Site Coordinator.
- Get Your Feet Wet With Some Education.
- Develop a Company Image That Reflects Your Style.
- Keep Realistic Financial Goals.
- Create a Marketing Strategy That’s Low on Cost, High on Returns.
How much does it cost to start a wedding planning business?
Wedding consultants average between $40 to $150 per hour while day-of coordinators generally charge $600 to $1,800 per event. A full-service wedding planner can expect $2,000 to $10,000 per wedding. Some planners charge 10 to 20 percent of the total wedding cost instead of a flat or hourly fee.
Is a wedding planning business profitable?
It’s Big Business
The average wedding in the U.S. cost $44,000 in 2018, according to Brides.com. In a nutshell, wedding planners are in the business of creating happiness and keeping everything organized, so the couple doesn’t have to worry about all the little (and big) things, says Kaden Dean.
How do wedding planners make money?
How do wedding planners make money? With the average wedding costing over $35,000, couples are looking to save money where they can and get the most bang for their buck. Wedding planners make money by charging a set fee for their services (either a percentage of the wedding costs or a standard planning charge).
Do event planners make good money?
Meeting, convention, and event planners earned a median annual salary of $47,350 in 2016, according to the U.S. Bureau of Labor Statistics. On the low end, meeting, convention, and event planners earned a 25th percentile salary of $34,790, meaning 75 percent earned more than this amount.