Jul 8, 2023 | Business Appraisal, Event Planner, Event Planning Business, Value Drivers
In recent years, marriage rates are declining resulting in a decrease in revenue for event planning businesses. As such, event planners need to capitalize on other events including birthday parties, corporate events, and other festivities. In addition, there is high...
Oct 4, 2021 | Business Appraisal, Business Valuation, Event Planner
The event planning industry consists of businesses and individuals who primarily organize parties, weddings, corporate dinners, or other social gatherings. These events can be for individual households, businesses, or other organizations. The event planning industry...
Jan 17, 2019 | Business Valuation, Event Planner, Small Business
An event planning business is the backbone of nearly every event we attend. Operating such a business can be very profitable with the average operating margin being 20.0%. As of November 2017, there are approximately 122,611 event planning businesses in the United...
