Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Personal Party Planners
1. PERSONAL PARTY
PLANNERS
BUSINESS PLAN
Amanda Pagan-Glass
Amanda.pagan@gmail.com
(904)392-7073
2. TABLE OF CONTENTS
Executive Summary
Company Structure
Management Team
The Market
The Event Planning Market
Event Planning Competition
The Current Opportunity
Sales and Marketing Strategies
Financing Requirements
Financial Projections
3. EXECUTIVE SUMMARY
Personal Party Planners is an event planning
company based in Jacksonville, Fl that will service
Northeast FL.
It will be managed by co-founders Amanda Pagan-
Glass and Rebecca Rosenzweig.
They will offer more services and cover a larger
geographic area than current competitors.
Will require only $20,000 in startup loans.
4. COMPANY STRUCTURE
Personal Party
Planners will be an
LLC
The two co-founders
will be the main
planners
Each planner will have
a part time assistant
5. MANAGEMENT TEAM
Amanda Pagan-Glass Rebecca Rosenzweig
Degree in Business Degree in Marketing
and Marketing and Design
Over 5 years 3 years experience as
management an intern at major
experience event planning
companies
Personal planning
experience for friends
and family
6. THE MARKET
The greater Jacksonville
area is an up and coming
metropolitan area.
Has 2 Naval
bases, home to the
Jacksonville Jaguars NFL
team, home to many
major financial
companies
Surrounding cities
include St.
Augustine, Daytona, and
Gainesville
7. THE EVENT PLANNING MARKET
The local event planning market is not very large.
There is a growing market for experienced event
planners.
Many major businesses are based in Jacksonville.
The beaches and scenic riverfront properties are
becoming popular locations for events
8. EVENT PLANNING COMPETITION
Alpha & Omega Event
LJ & Trina’s Event Planning
Consultants
Small two person event Large package of
planning organization services
Limited business area Full planning packages
to local Jacksonville range from $2000-
area $5000
No personal website Many consultants in
firm
9. EVENT PLANNING COMPETITION (CONT.)
Southern Charm Event Dream Wedding
Planning Inc. Design, LLC
Small company of two One head planner and
people a team
Few packages with a la Fewer
carte options packages, reasonable
pricing
Basic web services and
page Very elaborate website
10. THE CURRENT OPPORTUNITY
Growing Popularity Corporate Planners
Many wedding shows Companies hire corporate
highlight the importance of planners to handle special
wedding planners events
Print materials that Smaller businesses will hire
encourage the hiring of outside planners because
wedding planners they do not have someone
on payroll
Weddings are becoming
fancier and flashier Many businesses do not
have the time or proper
Need for the wedding
staffing to plan an event
planner is great due to
negotiating, organization, an
d referee skills
11. SALES AND MARKETING STRATEGIES
Services will be sold with the catchy slogan
“Planners for All Your Party Needs”
They will cater to all types of events
First step will be to create a website
Website will be promote through established
wedding sites and local yellow pages
Pictures and testimonials will be included on the
site
The pricing will be competitive, approx. 10% of
planned budget
Newspaper, radio and television advertisements will
be considered
12. FINANCING REQUIREMENTS
Little startup costs are required
Small business loan seems feasible due to the
nature of the business, business plan and our good
credit.
Will also utilize a combination of loans and personal
funds
No more than $20,000 required
Projected to be paid off in 5 years