Event Management Company

Business Idea: Start An Event Management Company in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$131K
Avg Startup Costs
$14.1K
Score
79
Avg Revenue
Min Revenue
$1K/month
Max Revenue
$500K/month
Avg Days To Build
160 days

Do you have a basic understanding of events, possess great communication skills, and aren’t afraid to talk to C-suite executives, event attendees, donors, brand sponsors, and vendors?

Event management is a profession that is growing rapidly. Experts estimate that the event management and planning industry will experience a growth rate of 10% in a few years.

You can use your skills and passion by starting an event management company. Event management is not only an exciting career, but it is also a profitable business opportunity, with endless opportunities, you can focus on social and entertainment events, and corporate events, or become a general event management company.

Revenue & Profitability

How much do event management companies make?

Startup Costs

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

  • It can cost as low as $500 to start an event management company.
  • It can cost as high as $60,000 to start an event management company.

Learn more about the costs of an event management company.

Examples Of Successful Event Management Companies

Successful event management company 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

From a booth at a flea market to a 400k/month revenue generator, learn how this event production company pivoted to focus on corporate events, garnered top private companies recognition by Inc., and reinvented itself through virtual offerings in response to the COVID-19 pandemic.

$400K Monthly Revenue
$27.4K Startup Costs
Read by 7,589 founders

See full list of successful event management companies.