Event Organizing Business

Business Idea: Start An Event Organizing Business in 2024

Updated: July 7th, 2024

Avg Monthly Revenue
$255K
Avg Startup Costs
$18K
Score
75
Market Size
Avg Revenue
Min Revenue
$3K/month
Max Revenue
$500K/month
Avg Days To Build
90 days

Here's an idea for those who excel at bringing people together and crafting unforgettable experiences: an event organizing business. Simply put, this venture involves planning events - be they weddings, corporate conferences, or intimate family celebrations - down to the last, memorable detail.

It's the ideal line of work for individuals who have a knack for multitasking, negotiating, and curating aesthetic elements. With each event you plan, you not only construct a tangible experience but also create delighting memories for your clients.

An event organizing business does not necessitate an enormous initial investment. It does demand keen attention to detail, tireless energy, and a skill for juggling diverse tasks. And the payoff? The satisfaction of making dreams come true and the chance to shape unforgettable moments.

But while it is rewarding, this business is not for the faint-hearted. It requires a resilient spirit, ready to face unforeseen challenges around every corner. But fear not, these challenges are nothing but stepping stones paving your path to mastery in event management.

Revenue & Profitability

How much do event organizing businesses make?

Startup Costs

How much does it cost to start an event organizing business?

  • It can cost as low as $1,000 to start an event organizing business.
  • It can cost as high as $10,000,000 to start an event organizing business.

Learn more about the costs of an event organizing business.

Examples Of Successful Event Organizing Businesses

Successful event organizing business businesses and case studies

Boyd Hollow Resorts is launching a 5-star boutique resort and event center based on a fiction book that will be the first of many Villages to be built around the world, with over 200 event inquiries received before launching.

$500K Monthly Revenue
$10M Startup Costs
Read by 7,500 founders

A successful ticketing platform that grew from a side project into a business that issues over 5 million tickets annually, using a combination of cold calling, word of mouth, and partnerships to attract and retain customers while navigating the challenges of COVID-19.

$500K Monthly Revenue
$1K Startup Costs
Read by 10,808 founders

See full list of successful event organizing businesses.