101 small business ideas for under $5000

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PARTIES , ENTERTAINMENT, AND SPECIAL EVENTS

You can also contact companies in your area that plan holiday events (Fourth of July, Christmas, and the like) for their employees; offer your services to organize separate entertainment for the children.

Up-front Expenses The principal up-front expenses are for advertising and promotion.

How Much to Charge Charge by the hour for your planning and supervision of the event, and add the cost of any supplies you must purchase or rent; you should be able to buy at wholesale or discount prices and resell at retail prices. Your client can pay entertainers and food providers directly, or those services can bill you, in which case you can use a cost-plus basis for billing for your hours, adding a markup to other costs.

Legal and Insurance Issues ➀ Legal ➁ Legal ➂ Legal ➃ Accounting ➄ Insurance

Party and Special-Event Rentals

– Description of Job • Set up an inventory of party furniture and entertainment equipment for rental to individual and business clients. • Act as a broker to use the equipment of other companies, as needed.


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