Starting a wedding planning business is an exciting adventure! Careers in wedding planning are popular and appeal to many people. Many wedding planners start their own business as a part-time side gig and build it up to a full-time career.
What is involved in starting a wedding planning business?
Here are the basics that you need to have in place:
- Name of your business
- Register the business with your state and obtain necessary licenses
- Purchase a domain name with web hosting
- Open a business bank account
- Obtain business insurance
- Decide on service offerings and pricing
- Build and launch a website
- Get a professional services contract
- Decide how to accept payments
- Market your business
These are the absolute basics for starting a wedding planning business. There are many other considerations such as trademarking, marketing strategy, branding, creating a solid business plan, accounting and bookkeeping methods, choosing the best type of legal entity (LLC, sole proprietor, etc.), business systems, planning process with clients, budgeting for business investments, tax planning, education, and SO much more.
Educating yourself about both business and wedding planning are absolutely necessary if you want to succeed in this industry, especially if you are completely new to the world of weddings. Getting hands-on experience, finding a mentor, and networking with other event professionals are a few key steps to gaining success in wedding planning.
If you’re ready to start a wedding planning business, we offer a professional guide: 25 Steps to Start Your Wedding Planning Business. This guide is a comprehensive e-book with worksheets that include each step necessary to start your own wedding planning business PLUS expert advice on each step in the process and additional resources. This guide book is perfect for aspiring wedding planners who are serious about starting their own successful business. Learn more and get immediate access to this valuable resource.