Event Business Plan

Hello sir, I’m taking an event on business planning. For this event which factors I want to prepare for make better this event? Can any one provide me factor of event business plan?

[Shaleen]

Various event projects are preparing an Event Management Business plan encompasses envisaging the entire event in terms of finance, locating all its probable sources of revenue and expenses and arranging them into operational units, generally as per the groups indicated in the Chart of Accounts.

Various business plan for Event Management should be done on the basis of comprehensive market evaluation, competitors' assessment and SWOT study of your event management company.

Format of event business plan:

Executive Summary
Objectives
Future Visions
Keys to Success
Constant, precise satisfaction of the customer's need
Competitive costing for the excellence of services provided
Considerable profits earned on each event planned
Company Summary
Company Ownership
Start-up Summary - Requirements and Funding
Company Locations and Facilities
Products and Services
Competitive assessment
Market Assessment Summary
Market Division
Private Organizations and Businesses
Public Organizations
Age Breakdowns
Target Market section stratagem
Service Business Evaluation
Strategy and Execution Synopsis
Sales plan
Sales Prediction
Highlights
Management Synopsis
Directorial Arrangement
Staff Plan - Event consultant, Site executive, etc.
Payroll
Fiscal Strategy
Vital Assumptions
Major economic indicators
Break-even Assessment
Anticipated Profit and Loss
Anticipated Cash Flow
Anticipated Balance Sheet
Business Proportions
Appendix