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How To Start A Party Planning Business

If you have what it takes to plan the perfect party, then you may want to consider opening a party planning business to share your expertise with others in your area. The best thing to do is start out small and plan parties for a few of your close friends or relatives. Have them tell others about your abilities and then you will see that the business will start to grow quickly. Before you get started, there are a few things that you will want to consider.

What Aspects Will You Cover

The first thing that you need to do is determine what aspects of party planning you will provide. Will you provide just the catering? Will you provide just the entertainment? Will you provide just the decorations? Will you just assist in helping plan the party? Will you offer comprehensive party planning services that cover everything from beginning to end? These are all important questions that you should ask yourself when you are getting started. You may even want to talk to a friend that is great at planning parties and see if they want to go in with you and help with the business.

Ensure that You Have What it Takes

While you may be the best party planner around, there are some qualities that you must have in order to work with the public and start a business. You will need to have great communication skills. This means that you will know how to talk on the phone and sound professional. You also want to make sure that you are patients and able to deal with the needy customers as well. Also, consider what you will do when you have rude or demanding customers, because it is inevitable that you will get someone like this at some point in your career.

Consider a Business License

If you are going to be earning an income with your party planning business, you may need to look into getting a business license. This will get you a tax ID number that will allow you to get discounts and wholesale deals on certain party supplies. It will also allow you to be able to deduct your business expenses from your taxes each year. You will want to keep up with all expenses and receipts so that you can file your taxes for your business. Consider discussing this with an accountant as well. Having a business license also helps to make your business more credible, which is something that you should definitely consider.

As you can see, starting a party planning business may be just the thing for you. You may just not know how to get the ball rolling. Once you get started, remember that word of mouth is the best form of advertising. You may also want to advertise in your local paper or elsewhere so that people know that you are in the party planning business and more than happy to help them with their party planning needs.

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