How to start a wedding business

You can start a wedding business with small investments. With maximum effort, the project can be quite profitable, despite the high competition in the wedding industry. The salon for newlyweds traditionally provides services for organizing, conducting and supporting weddings. To become noticeable already at the initial stage of starting your own business, you need to carefully plan everything.

Instruction manual

1

Drawing up a competent business plan will help to work out all the details and little things even before starting a business. If you have sufficient experience, try to think over the project yourself, but if there is no experience, contact the design bureau, where you can buy a ready-made scheme for the economic development of production in the wedding industry. The success rate of such a project is in principle assessed as high, since the number of clients of wedding salons is increasing year by year, but adjusted for seasonality.

2

Decide on the legal form - individual entrepreneur or joint-stock company. At the initial stage, preference should be given to the first option, as this will greatly simplify the accounting and allow decent savings on taxes. Moreover, the clients of wedding firms are mainly individuals, and therefore there is no need to complicate the form of legal relationships.

3

Write a description of the future enterprise. The wedding industry is quite vast. For example, you intend to open a wedding salon to provide private persons with services, accompanying weddings with everything you need, from A to Z. Or your idea is to organize an atelier for renting wedding dresses for the bride and groom. In the latter case, it will be necessary to concentrate precisely on this narrow direction. In the selected area, analyze the wedding services market of your locality, giving it a full and objective description. Evaluate all the pros and cons of competitors to be able to copy the best from them and take into account, not to repeat the shortcomings of their work.

4

The next step will be the search and organization of the premises. The best option is to acquire ownership or long-term lease of non-residential premises in a crowded area. If you intend to open a wedding salon with a full range of services, including the sale of an outfit, organizing a banquet, car rental, photo and video shooting, toastmaster work, florist and stylist services, etc., choose a room of at least 100 square meters. This will make it possible to place all the required services in one place, it will be convenient for customers, it will add weight in the eyes of potential consumers. Take care of the repair and decoration of the room, divide it into zones. The interior of the wedding salon should be elegant and express the focus of the institution.

5

Carefully consider the structure of the services of the wedding enterprise. Consider as primary and secondary services:

- sale of clothes for newlyweds, - sale of basic wedding accessories, - selection and design of banquet facilities, - providing wedding scenarios and toastmaster selection services, - rent a car, - provision of photo and video services.

You can provide all types of services on your own, and become an intermediary for the ultimate performers. In the latter case, you will work for a commission. Engage in the search for reliable suppliers and performers, conclude written agreements with them, in which you stipulate all the nuances and features of cooperation.

6

Hire staff. The staff of the wedding salon will need to take one or two sellers, an accountant and someone else, depending on the narrow specialization of your business (for example, a full-time editing operator for providing video support services for weddings or a hairdresser-makeup artist). As practice shows, according to estimates of entrepreneurs who have long been working in the wedding industry, as well as on the basis of financial calculations, we can conclude: the payback period of the wedding business is on average 2-5 years.