wedding agency business plan
Business Plan Summary for Starting a Wedding Agency from Scratch
This project is a plan to create a private enterprise to organize a business plan for a wedding agency in 24 months. First of all, we will list the key points of the process of creating a business plan for starting a wedding agency business plan from scratch.
First of all, the Idea of the project arises, and the Goals of the project, such as:
- Building an enterprise with high .
- in a legal way, indicating the legal address, passport data of the head and founder of the project, data on employees.
- Satisfying consumer demand for filling the niche of entertainment, providing health services, organizing safe travel, and organizing leisure activities for citizens.
- Providing an opportunity to organize a wedding celebration from scratch and take full responsibility for its quality conduct.
- Search and conclusion of contracts with investors.
- Project cost: 2,070,000 rubles.
- Financing of the project: It is carried out by obtaining a commercial loan in the amount of 3,180,000 rubles.
- To implement the project, the company needs to take a loan in the amount of rubles for 24 settlement months with a discount rate of 17.5%.
- Payback period: 2 years.
- The investor's income will be 216,664 rubles.
- Interest payments on the loan begin from the first month of the implementation of this project.
- The repayment of borrowed funds starts from the first month of the project implementation. This circumstance is introduced in this business plan to simplify the understanding of the structure for calculating the discounting flow and regulating the cash flow. The repayment of borrowed funds starts from the first month of the project implementation. This circumstance is introduced in this business plan to simplify the understanding of the structure for calculating the discounting flow and regulating the cash flow.
- The mortgaged interest rate on borrowed funds is 14%. It should be borne in mind that banks are currently revising the rate of interest for investment projects downward.
- The total amount of accrued interest will be 216,664 rubles.
- The payback period from the start of the project is 21 months.
- The payback period, taking into account discounting, is 3 years.
- The total economic effect from the implementation of the project for the conditional life cycle is 3,183,253 rubles
Project stages
| Project stages | Execution conditions | Deadlines |
| Project start | 1-2 years | |
| 1 month project | 1-30 banking days | |
| Getting a loan | Availability of the appropriate package of documents | 30 calendar days |
| Entering into the state register, registration with administrative and tax authorities | Conclusion of an investment agreement | 1-30 calendar days |
| Location selection and documentation | Preliminary work | 01 month |
| Purchase of equipment | Conclusion of an investment agreement | 1-30 calendar days |
| Equipment installation | Receipt of investment funds | 1-30 calendar days |
| Hiring | Production activity | 1-30 calendar days |
| Training | End of the stage of organization of the production process | 1-30 calendar days |
| Carrying out a marketing campaign | 360 calendar days | 1-360 calendar days |
| End of the project | 12 – 24 months |
Who will suit the business at the opening of a wedding agency?
On the video: How to open a wedding design agency and where to buy decorations
Sales volume plan for wedding dress salons for the billing period
| Period | Service type name | Sales volume per month (pcs.) | Price | Sales revenue per month |
| 1-12 month investment | Sale of wedding dresses | From 6 -7 pcs. | From 16.8 to 33.6 thousand rubles. | From 520 000 rub. |
| 1-12 month investment | Rental of wedding dresses | From 5 pcs. | From 8-9 thousand rubles. | From 33,000 to 50,000 rubles. |
| 1-12 month investment | 1 - 2 pcs. | From 56 thousand rubles. | From 56,000 to 120,000 rubles. | |
| 1-12 month investment | From 12 orders | From 8 thousand rubles. | From 80 000 rub. | |
| Sale of wedding dresses | From 7-8 pcs. | From 19.6 - 39 thousand rubles | From 1,370,000 rubles. | |
| 13-14 months of operation | Rental of wedding dresses | From 6 pcs. | From 8-10 thousand rubles. | From 47,000 to 60,000 rubles |
| 13 -14 months of operation | Sale and tailoring of premium class dresses | From 2-3 pcs. | From 65.52 thousand rubles. | From 131,000 to 196,560 rubles. |
| 13-24 month of operation | Other services (hairdressing, etc.) | From 14 orders | From 8 thousand rubles. | From 109 000 rub. |
At the start of a business, you can save on office rent - a meeting at the client’s site will be even more convenient for some customers, and you don’t need to spend money on renting and repairing the premises.
Fixed costs:
Project costs
- the banquet costs for the number of 80 people within 3 thousand dollars,
- photo and video filming will cover about 400 dollars,
- toastmaster services, along with musical arrangement, will cost $ 300,
- car rental - within $ 400,
- floristry - up to $ 100,
- wedding celebration script - about $ 100.
Required list of equipment for business, taking into account the lease of office space
| Name of the item of expenditure | Price | ||||
| Quantity, pcs) | per month | in year | One time purchase | Total expenses per year | |
| Premises for rent | From 80 | 56 000 | 672 000 | 112 000 | 784 000 |
| Premises renovation | From 80 | 200 000 | 200 000 | ||
| Purchase of equipment | 10 | 450 000 | 450 000 | ||
| Household expenses | 1 | 72 000 | 8 64 000 | 864 000 | |
| Purchase of goods, outfits and accessories | 1 | 400 000 | 4 800 000 | 1 200 000 | 6 000 000 |
| Buying a laptop | 1 | 60 000 | 60 000 | ||
| Website development, hosting payment | 1 | 120 000 | 120 000 | ||
| Fixed advertising costs | 12 | 45 000 | 540 000 | 540 000 | |
| Salary | 12 | 239 610 | 2 875 320 | 2 875 320 | |
| including taxes | 12 | 76 610 | 919 320 | 919 320 | |
| Unexpected expenses | 214 200 | 214 200 | |||
| Total: | 812 610 | 9 751 320 | 2 356 200 | 12 107 520 | |
On the video: How to open a wedding agency
Main taxes paid
Staff
The main goal is to organize and control the work of specialists of various specifics.
These include:
- screenwriters,
- musicians,
- operators,
- florists,
- toastmaster,
- photographers.
Usually they are not registered with the staff, but are invited for cooperation as needed.
