How to Start an Office Party Planning Business

Office party planning business is an exciting and profitable business that can be started without a lot of capital. As an office party planner or events coordinator, you'll be involved in organizing holiday parties, employee appreciation lunches, meetings and conventions. If you are an outgoing person and organized, you may consider starting an office party planning business. 

1. Obtain the required legal documents. Choose a name for your party planning business and register it with the business registration office in your city. Apply and obtain all permits and licenses you need to run this type of business, including tax permit. 


2. Decide on a location for your office. You can set up a home office and run your business from home in order to minimize expenses. But if you have the funds and want to run your business from a rented office space, then find a suitable office space and location.


3. Purchase liability insurance coverage to protect you and your business. Your insurance agent can advise you on how to choose the best coverage for the type of business you operate.


4. Research other office party and event planning businesses in your area. Find out how your competitors run their businesses, what services they provide and their pricing. Make a list of the services you want to offer and the fees for your services.


5. Set up an attractive website and design your marketing materials. Hire a freelance web designer to help design and create your website. Have your designer create a logo for all your marketing and promotional materials.


6. Network with local vendors like caterers, florists, photographers and bakeries and other businesses who may use your party planning services. Attend trade shows, picnics, parties and other social events to promote your services. Prepare and send your marketing materials to businesses that might need your services.


7. Advertise in local newspapers, magazines and newsletters, on local blogs and websites and on social media sites like Facebook and Twitter. Host seminars at the library, community center or your office to offer business event planning tips and promote your services.