But before you do, you might want to consider taking the time to create a business plan for your new venture, which will not only help you map out the opportunities before you, but also the threats.
Wedding Consultant Business Plan Executive Summary TLC Wedding Consultants is a full service company that provides complete consulting services for weddings, holy unions and anniversaries. Our consultants are experienced and dedicated professionals with many years of event planning experience.
TLC is unique in that we give our clients our undivided attention. We listen to their needs and work with them to create the event of their dreams.
So whether our client wants a Western, Tropical, Las Vegas or more traditional wedding, we can help. Our services include weddings, honeymoons, receptions, anniversary consultations, budget planning, answers to etiquette questions, as well as full-service referrals to florists, hair stylists, entertainers, musicians, etc.
So whether our client wants a Western, Tropical, Las Vegas or more traditional wedding or anniversary party, we can help. Therefore we offer a host of packages and services specifically tailored to the needs of each couple.
We are confident that this business venture will be a success and we estimate that our net income will increase modestly by the second year. Maintain an excellent working relationships with vendors such as florists, hair salons and bridal shops.
Maintain a professional image at all times. Company Summary TLC Wedding Consultants is a start-up company that provides wedding, holy union, and anniversary consulting services to brides, grooms and other family members.
Too many people become overly stressed and frustrated when planning these wonderful events. We are experienced and professional consultants and will use our expertise to help create memorable and stress free events for our customers.
By doing this, our clients can sit back and enjoy their event. As the operation grows, the owners will consider re-registering as a limited liability company or as a corporation, whichever will better suite the future business needs.
Services We are a full-service wedding consultant group and provide the following services: Therefore, professional wedding consultants are a commodity, not a calamity. TLC Wedding Consultants are full-service wedding consultants that offer a variety of services to our clients.
As previously stated, marriage is a billion dollar industry, therefore, just about everyone we meet is a potential client. However, we mostly advertise to brides, grooms, and family members.
Therefore, we primarily market our services to the people who need them most—brides and grooms. According to the Encarta Encyclopedia, the current US marriage rate of nine marriages per 1, people is still the highest rate among the industrialized countries. This marriage rate is expected to remain at the same level in the near future.
In the Eugene, OR area where TLC Wedding Consultants plans to operate their business, over 1, marriages are registered each year, which creates a sizable market potential for this line of business.
Another customer segment is represented by the numerous family members and guests attending weddings, anniversaries, and similar events. This segment requires event preparation services like gift ideas, etiquette tips, etc. Besides the wedding arrangements, which TLC Wedding Consultants believe to be their major client assignments, other events the company will provide services to include corporate retreats, etiquette training, etc.
This customer segment is estimated to have the annual volume of 1, orders in the Eugene, OR area. The company will position itself as an experienced provider of wedding planning services. Unlike most of its competitors, TLC will be offering a full range of services and thus provide the convenience of one-stop shopping for its clients.
Moreover, by utilizing numerous supplier contacts that the company owners have established and economies of scale, TLC Wedding Consultants will be able to pass on to its customers sizable cost savings. Although both major customer segments, brides and grooms and family members, plan and budget for the wedding ceremony as far as a year or more in advance, they often realize that they cannot make all the necessary preparations by themselves in a cost effective manner.
Strongly affected by the established social values, such customers seek professional advice to ensure that all the important aspects of the wedding ceremony meet or exceed perceived expectations.
There are numerous florists, hair stylists, and caterers to choose from. However, there are almost no companies that will provide the full range of services associated with the wedding planning and execution.
However, the majority of the incumbent competitors offer only a limited line of services like catering, flower arrangements or gifts. In fact, of these 25 competitors only three offered a range of services comparable with what TLC Wedding Consultants plan to offer to its customers.
The following is the list of the major competitors with a brief description of their services: Rent-An-Action offers ceremony preparation, rehearsing and execution services. Lafayette Wedding offers its clients entertaining, catering, floral design and hair styling services.
The market research has also shown that customers anticipate the complete wedding consulting services to be expensive and they budget accordingly. In fact, lower prices are very often associated with poor service quality. By aggregating a complete range of wedding services under one roof, TLC Wedding Consultants will offer its customers the ease of one-stop shopping."Writing a business plan for a consulting firm sounds fairly straightforward because there are so many who call themselves 'consultants,' but it can be quite difficult for many reasons," says.
Starting an HR consulting company requires a strong team of human resources professionals that will be able to provide these services to clients. 1. Develop a business plan.
Consulting Planning Business Plan. (BSC) is a start-up consulting firm focused on serving the comprehensive needs of businesses in the full range of the business cycle. specializes in a particular discipline, including finance, sales and marketing, technology, management, operations, and human resources.
BSC offers a list of services. The key components to include in your business plan are a description of your organizational structure (including your management and human resources capabilities) philosophy and needs, the number of employees you intend to hire, how you will manage your employees, and your estimated personnel costs.
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Consulting Human Resources Consulting Sample Business Plan. Providing a human resources consulting service means having a business plan to get started and this sample business plan will provide you with these guidelines.