The way events or parties have been decorated in recent times has really changed with the need for decorators to add creativity and quality to whatever place they plan to decorate.
The business is not entirely a new business as it has been available for quite some time with the skill of event decorations even being taught in some schools and skills centers across the country.
It is a lucrative business and one that will certainly prove to be a good business option for those entrepreneurs who chose to start the business. It’s not difficult and it is in fact a fairly easy business to start.
The event decoration business, just like the name implies, involves helping party organizers to decorate their events in such a way that it would look really appealing and beautiful.
Event decorators are individuals who have an idea of different decoration techniques for different kinds of events, and not that they only have an idea of it but they can also pull off the best possible decoration for any kind of event they are called for. The business is almost as simple as getting clients, attending and decorating their events and getting paid for job jobs though it requires a little bit more work especially in getting clients.
Events such as ‘Owambe parties’ are something that have become really popular in the country over time.
There’s almost no weekend, most especially Saturdays, where individuals don’t gather for such parties. Many things are involved in making these parties come to life and one of such things is the decoration which will be handled by professionals to really make the event center or the place for the party to look pleasing.
Even though these weekend parties are more popular than any other kind of event in the country, there are also options to decorate corporate events like business dinners, seminars and more.
One of the main reasons why the business will be a good option is that most event organizers today always require the services of decorators to help them adequately design their event location.
Even if it’s the slightest of decorations, there is almost no party you’ll attend where you won’t find the beautiful work of an event decorator.
The need for them translates to a high demand which understandably brings a high amount of income.
Also, working together with event planners could prove to be a good thing for the business. Event planners are there to organize parties for individuals and part of their work is getting people who can do several things needed to make a good event set up.
One of these things is event decoration, so teaming up with a good event planner could give you a good chance of making more money and getting more connections.
Another thing is that the business can be started by almost anyone as long as they’re prepared to go through all the things the business requires. It is important to note that decorators usually go through training before they can be as good as they are.
This training could either be in a training center or online. Both have their different methods of teaching but regardless of whichever one selected, it is a business that anyone can do, provided they go through training and also know what is required to be a good event decorator.
Training is important and it is also important to stay updated and learn new designs and ways to nicely decorate for your clients.
Starting the business is not an entirely difficult one as it doesn’t really involve too many activities or operations to be carried out.
Capital is not large and it is pretty affordable for entrepreneurs.
There are only a few things to be gotten after which the next stage of looking for clients can commence. After that, you can then start showing off your skills and making money off it. It can be started by anyone and you don’t need any educational qualifications or experience before you can be good and successful at what you’re doing
In the next sub heads, we will be discussing the steps involved in starting an event decoration business and some necessary things to consider under each step that will prove useful during the course of the business and to also ensure that you make a good amount of income and you’re successful at the business you’re starting.
1. RESEARCH
No matter what you’ve heard someone saying about a business and how well success is assured or how lucrative it would turn out, always try to do your own research. The research will not cost anything except your time and that time will prove to be well spent when the business starts and the successes start coming in. It is important to do a thorough investigation about the business since you’re going to be investing your money into it and you’ve never been involved in the business. Some hours of research won’t hurt.
The research is always meant to give you an idea of what to expect and the challenges ahead to be faced. It teaches future entrepreneurs how the business works and what success means. It shows the risks involved and the ways to tackle them. It also gives ideas on how to sustain the business and work towards more success. Imagine missing out on any of the mentioned points, it’s more like being less equipped about something, especially something you plan to spend money on.
There are experts in the business, of course, so also look to advice from these individuals as they are most likely the best bet for reliable information on the business. Take note of even the smallest things during the research period and pay close attention to how to stay and survive in the business. The research is as important as anything in the business.
2. WRITE A BUSINESS PLAN
A business plan needs no introduction. It is equally as important as some of the other processes or things involved in the business. After a comprehensive and thorough research has been conducted, entrepreneurs must now put all their ideas into paper after, of course, deciding to start the business.
The business plan will cover things like the way you plan to operate, the cost of several things, how you plan to market your business, future projections and also contingency plans.
The business plan serves a number of purposes. In cases where individuals might need to get investors or even get a loan, it will prove useful as it will contain all that needs to be known concerning the business. It is also going to serve as a point of reference for the proposed business.
3. GET TRAINED
As mentioned earlier, training is really important for this business. You cannot just start up without knowing how to go about decorating a place. You’ll need to either enroll at a training center or skill center where you will be taught by expert decorators who have been in the business for a long time or you can decide to learn online. Both are good options and can work for individuals depending on preference and also dedication to learning the skills involved.
YouTube videos are available to learn if you’ll be taking the online option. There are a number of skill centers in the country where event decoration is taught and you can also choose to get a personal trainer.
4. CAPITAL AND GETTING EQUIPMENTS
Capital is very important to any business and it is no different in this case. You’ll need just a simple amount of money just to get the things needed for the business and also registering the business. There are a number of equipment needed and this could also depend on the kind of event you’ll be decorating but the most common ones are fabrics, office pins, ribbons, balloons, chairs and table cloth.
5. MARKETING
As stated earlier, you can team up with event planners to have a good chance of getting customers. Social media is also quite effective for advertising. You’ll just need to create accounts and then advertise from there. Word of mouth and referrals are also actually important. Once you do a good job for clients, they can refer you to other people. And even from events you attend you can build connections.
source@financialquest.com.ng
