Of course, the flipside is that your place of business will also have an impact on your expenses.
Renting an office in Manhattan isn’t quite the same as renting one in Chattanooga.
Disappoint your bride come wedding day and you’re in for an angry bride, an angry groom, or worse, a scathing review on Yelp or Wedding Wire.
Having less-than-pristine reviews can severely hurt your business, especially in metropolitan areas where your competition is fierce.
Other expenses you’ll need to consider are liability insurance, fuel, advertising, computer, internet and cell phone, client entertainment, travel, and certification costs.
One last thing to consider that will impact how much wedding planners make is what they are willing to do for their brides.Are you interested in starting a wedding planning business?If YES, here is a complete guide/checklist to starting a wedding planning business from home with little money and no experience.Some of the additional services are paid as add-ons by the client and some are paid directly to the vendor you are selling/renting the product for.For example, many rental companies offer a planner discount since you will be the liaison between them and the bride.In these cases, your clients are going to begin the business relationship with a higher level of trust and expectation based on your background, both of which come with a heftier price tag, as well.Of course, high expectations must be treated with great responsibility.Wedding planning is a good business if you are looking into how to start your own business.This is because you get to express the creativity within you which gives you a feeling of satisfaction from within alongside the financial gain that comes with it.If you live and plan to practice wedding planning on the Coasts, you will obviously be able to charge more than if you were planning weddings in the south or in a rural area.If you’re in the South and are just starting your wedding planning business, you can expect to make about ,000-,000 your first couple of years.