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PERSONAL PARTY
   PLANNERS
BUSINESS PLAN
    Amanda Pagan-Glass
  Amanda.pagan@gmail.com
       (904)392-7073
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
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.
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
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
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
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
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
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
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
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
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
FINANCIAL PROJECTIONS
Startup Expenses                Fixed Expenses


Computer Hardware      2,000    Rent                 1,500

Computer Software      1,000    Phone                500

Office Furniture       5,000    Travel and           1,500
                                Entertainment
Office Rent Deposit    3,000
                                Assistants           2,000
Phone Deposit          1,200
                                Pagan-Glass Salary   2,000
Stationary, etc        600
                                Rosenzweig Salary    2,000
Misc.( moving          3,000
                                Insurance            400
expenses,
unexpected cost, etc
                                Client Meetings      1,300
Web Development        1,500
                                Total                11,200
Total                  17,300

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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
  • 13. FINANCIAL PROJECTIONS Startup Expenses Fixed Expenses Computer Hardware 2,000 Rent 1,500 Computer Software 1,000 Phone 500 Office Furniture 5,000 Travel and 1,500 Entertainment Office Rent Deposit 3,000 Assistants 2,000 Phone Deposit 1,200 Pagan-Glass Salary 2,000 Stationary, etc 600 Rosenzweig Salary 2,000 Misc.( moving 3,000 Insurance 400 expenses, unexpected cost, etc Client Meetings 1,300 Web Development 1,500 Total 11,200 Total 17,300