Jul 30, 2024 | Acquisition, Business Appraisal, Business Valuation, Buying a Business, Event Planning
Are you considering buying an event planning business? Dive into the world of creativity and celebrations! You may be passionate about weddings, corporate events, or community gatherings. Event planning businesses offer endless opportunities to turn visions into...
Jul 8, 2024 | Business Appraisal, Business Valuation, Event Planning, Selling a Business
Selling an event planning business can be a pivotal decision. It offers business owners the opportunity to reap the rewards of hard work and dedication. You may be looking to retire, pursue new ventures, or simply move on to the next chapter of your life. Selling an...
Oct 26, 2023 | Business Valuation, Event Planning
Event planning businesses primarily organize weddings, dinners, parties, and other events for various entities. The event planning industry has struggled over the past few years. This is due to factors such as inflation, rising input costs, and declining marriage...
Jul 8, 2023 | Event Planning, 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 | Event Planning, Valuation Multiples
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 Planning, valuing a 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...
