As the years are rolling by, the Event Planning and Management group of companies are growing tremendously. It has been revealed by Dr. Joe Goldblatt, CSEP (Certified Special Events Professional) in a recent research that Event Planning and Management companies are spending almost $500 billion annually worldwide to provide Event Planning Services for special events.
If you are also one of the aspiring Event Planners and want to provide Event Planning and Management Group then Goldblatt has something to say for you, “Suffice it to say, the marketplace is large enough to support and sustain your endeavor” and “If you’re working in one special events area, there are many directions in which you can expand. If you’re just entering the profession of special events, there’s a lucrative market awaiting you on many fronts.”
The Event Planning and Management Group are generating handsome revenue and this industry is booming exponentially. As per the research the average profit margin for an event planning entrepreneur was around 15 percent. Along with that, Goldblatt mentions that show profit margins can be as much as 40 percent.
So you can start your dream company of Event Management and Planning without investing much.