2023 2024 Student Forum > Management Forum > Entrance Exams

 
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21st December 2015, 10:20 AM
Super Moderator
 
Join Date: Apr 2013
Re: Event Planning Business Plan

The projected Business plan for Event Management gives a detailed insight on the cash plan that identifies the attainment, distribution, and expenditure of the fiscal resources

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

Business plan for Event Management - Format
1. Executive Summary
2. Objectives
3. Future Visions
4. Keys to Success
o Constant, precise satisfaction of the customer's need
o Competitive costing for the excellence of services provided
o Considerable profits earned on each event planned
5. Company Summary
o Company Ownership
o Start-up Summary - Requirements and Funding
o Company Locations and Facilities
6. Products and Services
7. Competitive assessment
8. Market Assessment Summary
9. Market Division
o Private Organizations and Businesses
o Public Organizations
o Age Breakdowns
10. Target Market section stratagem
11. Service Business Evaluation
12. Strategy and Execution Synopsis
o Sales plan
o Sales Prediction
o Highlights
13. Management Synopsis
o Directorial Arrangement
o Staff Plan - Event consultant, Site executive, etc.
o Payroll
14. Fiscal Strategy
15. Vital Assumptions
16. Major economic indicators
17. Break-even Assessment
18. Anticipated Profit and Loss
19. Anticipated Cash Flow
20. Anticipated Balance Sheet
21. Business Proportions
22. Appendix


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