Starting a children's party planning business
If you're starting a children's party planning business, you do need to have a high tolerance for the constant activity and noise levels present at any and every children's party in the history of the civilized world.
Love (and Tolerate) the Kids
Whenever you're getting into a business venture where you'll be dealing with lots of children all at once, being able to manage stress and still operate in a professional manner is imperative, and a children's party planning business is not only not an exception, it is perhaps where this rule is most true.
Be a People Person
Besides the right attitude, anyone who wants to run a children's party planning business will have to be able to predict what the birthday kid's dream birthday would be by discussing it with the parents.
If you've gotten to the stage of seriously considering starting a children's party planning business, you probably know this already, but every kid has different taste.
Some kids hate clowns with a passion and are bored to tears by magicians, some girls love Ninja Turtles and Batman and there are boys who love kittens. Make sure you talk in depth with the parents about the child's interests when selecting a theme, games and entertainment.
Bratz, Spiderman and What the Kids are into These Days
It's a good idea to keep up with what's going on in kid's entertainment when you're running a children's party planning business. Certain stock can sell out at party stores rather quickly, so to keep your children's party planning business up to date with kid's favorite things, you'll need to stay on top of the hot properties.
Your children's party planning business can build up an inventory of party theme items to make sure you can offer a wide variety without having to worry about running around to do any last second shopping.
Start Up Costs For The Children's party planning business
And this brings us to start up costs. Ideally, the way to start a children's party planning business is to put on a few parties for your kids or their friends, and build a reputation by word of mouth through the local community, as impressed parents recount the famous Birthday Bash to their friends.
So luckily, you don't have to worry about advertising costs for your children's party planning business or setting up a shop right away.
When your children's party planning business is first starting out, an empty closet is all the space you're likely to need, and you're not likely to have to spend much stocking up on things like sketching paper and notebooks to go over plans with clients, or a modest collection of various party favors and such.
A Business that Pays for Itself
Most parties will pay for themselves as soon as you take the task. The job of the children's party planning business is to organize the party, after all, not finance it.
This means calling entertainers and purchasing the requisite items, getting the cake or hiring caterers, and overseeing the affair to make sure that everything is going okay (and to provide a quick fix if something goes wrong, this is the difference between a good children's party planning business and a great one).
It's the client who will be paying the costs as you're making the requisite purchases. Your initial for your children's party planning business spending will mostly be going towards gas money and telephone calls to keep in touch with your clients.
Potential Future in Children's party planning business Ideas
Because of the low spending involved, the risk factor is relatively low, however, it can take a while for your reputation to build to the point where you'll be getting enough work to really make a living off of. The best advice for beginners in the children's party planning business is probably this: Don't quit your day job... just yet!
Rather, it's a good idea to give your children's party planning business time to gain steam before turning it into a full-time job. If you are patient, you can already have a steady base of clients built up by the time you're ready to up-size to the next step.
Children's party planning business resources
Minimum Start Up Cost |
$500-5,000 |
Minimum Start up Equipment |
Transportation, mobile phone, computer with broadband connection, cash on hand for rentals, clean up equipment, food service equipment, table service |
Optional or Advanced Equipment |
Commercial grade transportation, themed presentation materials |
Associations |
Event Planners Association |
Courses |
Small businesses courses are often helpful, though not nearly as necessary as enthusiasm. |
Reference Sites |
The Birthday Party Business : How to Make a Living As a Children's
Living a fairy tale |
Important Point To Keep In Mind
See Also: How to Start A Business : Business Idea of The Day
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