Party Planning Business

Business Idea: Start A Party Planning Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$164K
Avg Startup Costs
$11.7K
Score
76
Market Size
Avg Revenue
Min Revenue
$3.5K/month
Max Revenue
$500K/month
Avg Days To Build
30 days

Party planning involves budgeting, establishing party timelines, selecting and reserving ideal party sites, acquiring permits, theme décor, and coordinating party catering and transportation.

Are you organized, creative, and client-focused? You can put those skills into starting a successful party planning business. To become a party planner, you must desire to help other people enjoy themselves. Besides, you need diplomacy, salesmanship, and multitasking skills.

Revenue & Profitability

How much do party planning businesses make?

Startup Costs

How much does it cost to start a party planning business?

  • It can cost as low as $450 to start a party planning business.
  • It can cost as high as $1,000,000 to start a party planning business.

Learn more about the costs of a party planning business.

Examples Of Successful Party Planning Businesses

Successful party planning business businesses and case studies

BACH, an app that plans and books bachelorette parties, has grown from $0 to >$1M net revenue run rate in less than 6 months, gained over 100,000 users in their first 60 days, and has over 40,000 parties using the app this month.

$500K Monthly Revenue
$1M Startup Costs
Read by 11,027 founders

The Party People, Australia's largest party store with a multimillion-dollar turnover, shares insights on how they've grown from a small clown hire business to an online and brick-and-mortar party supply retailer by focusing on customer service and innovating in marketing and technology.

$400K Monthly Revenue
$500 Startup Costs
Read by 9,998 founders

See full list of successful party planning businesses.