Event Management Agency

Business Idea: Start An Event Management Agency in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$304K
Avg Startup Costs
$18K
Market Size
Avg Revenue
Avg Days To Build
90 days

The event management agency oversees all logistics leading up to and during an event, whether a conference, a wedding, or an organized gathering. The event management agency executes the event plans by managing staff, finances, and vendor relationships.

The demand for event management services will grow by 18 percent in a few years. If you love organizing parties and corporate events, an event management agency could be your best business. The event management business has huge earning potential, provides you with networking opportunities, and builds your creative skills.

To start your own event management business, gain event planning skills and experience, and determine your event planning market or the target audience. To increase business success potential, develop an expansive network and staffing resources.

Revenue & Profitability

How much do event management agencies make?

Startup Costs

How much does it cost to start an event management agency?

  • It can cost as low as $500 to start an event management agency.
  • It can cost as high as $1,000 to start an event management agency.

Learn more about the costs of an event management agency.

Examples Of Successful Event Management Agencies

Successful event management agency businesses and case studies

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 11,073 founders

Entire Productions is a fast-growing event and entertainment production company with an emphasis on experience design, primarily working with corporate clients including many Fortune 500 companies in the tech and pharma industries, boasting a growth of 148% and a goal of reaching $20M annual mark.

$108K Monthly Revenue
Read by 8,990 founders

See full list of successful event management agencies.