Work at Home Idea:
Start a Wedding Consultant Business
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With weddings becoming larger, costlier, and more complex every day, more couples are turning to professional wedding planners for help.
That's where you come in. As a wedding consultant, you'll not only help the lucky couple create a budget and stick to it, you'll also aid them in selecting a location, caterer, florist, music, cake, and more.
Wedding consulting makes an ideal homebased or part-time business. You don't need an office. Start-up costs are extremely low. And you don't need any costly special equipment.
All you need is our wedding consultant guide. It tells you everything you need to know about the business end of wedding planning. If you're well-organized, detail-oriented, and have good community contacts, this could be the business for you.
This guide from Entrepreneur.com is necessary before diving into this home business venture.
Book Excerpt
Once upon a time on a perfect summer day, guests in colorful wedding finery filled an old cathedral. The fragrance of dew-kissed blossoms wafted through the air as soft organ music played. A radiant bride walked up the aisle on the arm of her father to meet the handsome groom waiting at the altar…
Fairy tales like this do come true. Now more than ever, wedding consultants are making them happen. In the last decade, the need for professional wedding consultants has grown exponentially. Today, women are often simply too busy juggling the demands of their professional and personal lives to oversee the details necessary to create the wedding of their dreams. This has created an enormous opportunity for anyone considering becoming a wedding consultant.
Although it is difficult to pinpoint an exact figure for how many wedding consultant businesses there are nationwide, the best guess is approximately 10,000, according to Gerard Monaghan, president of the Association of Bridal Consultants (ABC). Monaghan says that although no one formally tracks these figures, his estimate is based on the number of people who pay for memberships to the various professional associations, as well as the number of people on mailing lists available from list brokers.
According to Monaghan, one out of every eight retail dollars is spent on wedding-related products and services. That makes the wedding industry a $42 billion business, although some estimates put that figure as high as $70 billion. Part of the reason for the propensity to spend big bucks on a dream wedding is that there are often six wage earners funding the event: the bridal couple themselves, and the bride and groom’s parents. This has driven the cost of the average wedding up over the years. Robbi G.W. Ernst III, president of June Wedding Inc., An Association For Event Professionals, says the average cost of a wedding in the United States is now around $17,500 for 125 to 150 guests. However, the average cost of a wedding can be $35,000 or more in larger metropolitan areas, where incomes are higher and services more expensive.
This industry outlook sets the stage for success for both new and established wedding consultants. According to Ernst, a novice consultant who coordinates 10 weddings a year and charges the industry’s standard fee of 10 to 15 percent per event can expect to gross $17,500 to $26,250 in sales. A more experienced consultant who handles 40 weddings a year can earn $70,000 and up.
“The earnings potential for wedding consultants is awesome,” says Richard Martel of the Association for Wedding Professionals International. “Those who are better connected and better educated will do the best in this business, as will those who network as a way to build their reputations.”
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This guide from Entrepreneur.com is necessary before diving into this home business venture.
Disclaimer: The information presented and opinions expressed herein are those of the authors
and do not necessarily represent the views of Work-at-Home-Business.com and/or its partners.
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