Events Company
Events Company: Conferences, festivals and parties. An events company mostly spends other people's money: venue, catering, staging and crew are all bought in…
Conferences, festivals and parties. Run the conference, the festival and the Christmas party.
An events company mostly spends other people's money: venue, catering, staging and crew are all bought in and passed through, so the turnover looks enormous and the margin looks thin. Clients come and go with their budgets, events are the first line cut when a downturn starts, and suppliers want paying long before the client settles. The firms that last own a handful of events they run every year rather than only delivering other people's.
- Setup costs
- £10,000 to £85,000
- Competition
- High
- Category
- Leisure & Events
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