Im thinking of starting a side business that has to do with event planning and the like (everything from organizing parties to arranging photography, entertainment, etc.). I have a lot of experience in this regard, and this will not conflict with my day job. What are some steps I should take to make sure this side business is a success?
      Answer1:You should have a sound business model and revenue model ready. Which means you must have well chalked out scenario about business in terms of planning for finance , resources , who are going to be your target clients etc. Also you should have excellent financial planning ready in terms of capital investment , revenue expenses and revenue income. You should also be able to analyze at what stage you would reach break even.
      Answer2:market research. You need to find out the competition and what they charge, you need to be competitive.Also, that sort of business is all about who you know; you need to know people, maybe do a couple for free or very little charge, then just ask that client to refer you to their friends and contacts.Once you get the ball rolling, you will pick up momentum and it should to well.
      Answer3:Know your market. Do research and make sure this biz is bankable. Right off the bat to me it sounds a little risky in this type of economy. Unless your are going to target wealthy people. Good Luck.
      Answer4:Im thinking that there is an organization with a name like Service Corps of Retired Executives. SCORE.Other than that, there are business plan formats on the Internet.1.Service Corps of Retired Executives (SCORE)Nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide.www.score.org - Cached2.SCORE Chapter 19... Kansas City Chapter of SCORE (Service Corps of Retired Executives) is part of a ... SCORE volunteers serve as "Counselors to Americas Small Business. ...www.scorekc.org - Cached3.Score Small Business Counselors, an SBA Resource Partner... Missouri Chapter of SCORE (Service Corps of Retired Executives) is part of a ... SCORE volunteers serve as "Counselors to Americas ... SCORE Disclaimer ...www.stlscore.org - Cached4.SCORE Seminar January 22, 2009Service Corp of Retired Executives. Telephone: 805.563.0084 ... Send an email to register. Check In Sheet for Attendees. Link to SCORE 0166 Home Page ...www.score-santabarbara.org - Cached5.Business Assistance in Greenwich, Stamford, New Canaan, Wilton and ...Fairfield County SCORE provides help for small business owners and start-ups. ... are volunteer working or retired business owners, executives and managers with a ...www.scorenorwalk.org - Cached6.SCORE San DiegoSCORE provides free counseling and inexpensive workshops for small business ... SCOREs volunteer counselors, comprised of active and retired business men and ...www.score-sandiego.org - Cached7.Welcome to SCORE Los AngelesThis site contains resources for new and existing entrepreneurs. ... of successful business owners and executives who provide free one-on-one counseling for ...www.scorela.org - Cached8.SCOREWORKS.ORGSCORE News. Home. Click for Business Seminar and Registration Information ... Both working and retired executives and business owners donate time and ...www.scoreworks.org - Cached9.HomeService Corps of Retired Executives ... SCORE Lancaster has 50 counselors with "real life" business experience. ... SCORE is a resource partner with the U. S. ...www.scorelancaster.org - Cached10.Sacramento and Stockton SCORESCORE Association is a nonprofit, resource partner with the SBA. ... SCORE also offers workshops, for a modest fee, and in addition a free seminar ...www.sacscore.org - Cached