Estimated startup costs: $250-$1,000
Estimated first-year revenue: $40,000-$60,000 and up
If you love throwing parties, making decisions on every level, and coordinating lots of moving pieces into one coherent dramatic experience, individual event planning may be the perfect business for you. It helps to have good taste, an eye for beauty, and a long list of contacts. Your job will be to help the hosts come up with a workable budget and stick to it. Your level of involvement will vary with each event and the personality of each host. Some people will hand over every decision to you; others will want to be a part of each and every choice. You need the tact and diplomacy of a travel guide and the decisiveness of General ...