Wedding Planning 101

Wedding Planners: Accepting Payments – Now or Later?

  1. Tamara says:

    I am new to this and I am just wondering when it comes to decorations and food and venue is that something that you pay for out of your own pocket or do you get the prices and the clients submit the payment directly to the vendors?

    Any payments made directly to the event planner is strictly for there time and organization and decorating?

  2. Michelle says:

    Great Article, does anyone work with structured payments? I’m trying to work this into my business, but don’t know where to begin, with terms and conditions, percentage, how many payments.

    Since if offer decor, what if a clients invoice is only $500 and they want to do a structured payment, is that worth it? Sorry any help or point in the direction would be appreciated.

  3. Alisha says:

    Great article! Depending on the service that we are providing, we usually require the full balance paid 2 weeks prior to the event. This is the case for decor and invitation/design services, but for planning we usually do an initial payment, with a monthly payment up until the event, with a final payment at the event. I think you have raised some important points, though, and now I’m considering revising this model.

  4. Great article. We typically require final payment 2 weeks prior to the event. We had one client in which we mad an exception and they in turn dodged final payment. I will definitely heed the advice to have a card on file to process in the event that this happens again. This little piece of information could have save us a lot of headache.

  5. Karan Labra says:

    I’ve been working closely with both couples and wedding planners and I think that being transparent and upfront with your clients help.

    Of course, you don’t have to ask for 100% of the fee upfront but they need to understand that there is a certain amount of time, effort and money that goes into collecting resources and planning their dream wedding.

    I think if you present the details in the right light, your clients won’t have a problem paying you upfront. 😀

  6. Great article! I am a wedding planner and I require my final planning payment two months before a wedding, because at the two month mark it is extremely unlikely that I will be able to rebook that date if a couple cancels. We are all so dependent on our weekends during peak wedding season that I think this safeguard is a requirement.

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