Preview

Event Business Plan

Powerful Essays
Open Document
Open Document
1676 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Event Business Plan
[pic]

Event Business Plan Template

An event Business Plan serves to communicate the strategic plan for taking the event forward, usually over a period of three to five years (if it is not a one-off proposition). Every event should have a Business Plan.

Regardless of the scale, age or history of your event, the Business Plan is an essential tool that will: • Communicate the vision, purpose and benefits of the event to others • Enable you to focus on the event’s potential to develop and grow • Illustrate and help secure the event’s viability and sustainability in the longer term • Show how much money is needed and what it is needed for • Help you plan the resources, delivery and operating structure • Help you raise funding • Help you measure success

It is recommended that all business plans being submitted in conjunction with National Programme Applications contain the following:

• An Event Overview including:

- Vision and Mission Statement

- Key Outcomes/deliverables

- The Event

- Target Market

- Stakeholder involvement and benefits

- Delivery mechanism

• Development Plan including

- Strategic Development

- SWOT Analysis

• Financial Plan and Considerations

- Income and Expenditure projections

- Economic Impact Estimation

Key areas to be addressed in an event business plan include:

• The event’s vision and mission – i.e. what it ultimately aims to achieve

• Who the key stakeholders are, what benefits they will accrue and how the event fits with their strategies

• The relevant experience and track record of the organisers

• The event’s background and an overview of plans for the current year

• The SWOT analysis (identify strengths, weaknesses, opportunities and threats)

• Key objectives and achievement strategy for the current year

• A development plan – how key aims and

You May Also Find These Documents Helpful

  • Powerful Essays

    Business events need to be planned and organised regardless of the size or type of event. The size of the event can range from a meeting with colleagues through to a large event such as a festival that involves hundreds or thousands of people from inside and outside of the organisation. Examples of a business event include festivals, conferences, ceremonies and meetings. In order for a business event to run smoothly, there are activities that need careful planning and consideration. In order to book a venue, ensure that the venue meets the capacity required. The right equipment needs to be provided for the business event, make sure that any audio and visual equipment are in full working order before event and any other equipment for event such as pens and pads have arrived and are stocked for the right amount of people. Check with the owners to ensure that the appropriate licencing and level of insurance are covered for the event, if not arrange the right one for the day or for the duration of the business event. Ensure that any dietary requirements are met when organising the food and drink. Organisers need to ensure that all the relevant documentation is completed and printed and that there are extra copies available.…

    • 1263 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    To Build or Buy

    • 1804 Words
    • 8 Pages

    Schwetje, G., Vaseghi, S. & Gentilozzi, J. (2011), The business plan: how to win your investors ' confidence, London: Springer…

    • 1804 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    The business plan is a written proposal that identifies the intended company, analyzes the business situation, lists planned operations, and projects financial data. It puts your business ideas into written form. Planning is critical to a successful business. Types of plans vary according to the needs of the business. For example, plans…

    • 1376 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    References: Allen, J. (2009). Event Planning: The Ultimate Guide to Successful Meetings, Corporate Events, Fundraising Galas, Conferences, Conventions, Incentives and Other Special Events, 2nd ed. Ontario: John Wiley & Sons Canada Ltd.…

    • 3020 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    When organising a business event there are a number of things to consider before any organisation can start. These include:…

    • 878 Words
    • 4 Pages
    Good Essays
  • Good Essays

    A business plan is a forward roadmap for business growth and success. The document usually looks 3-4 years ahead and outlines the path a business will use in order to turn a profit.…

    • 494 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    1. When organising a business event, describe the range of support activities that may be required.…

    • 621 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    1. When organising a business event, describe the range of support activities that may be required.…

    • 514 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    2. An explanation of the importance of a business plan to the running of a business.…

    • 2023 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Study Question

    • 832 Words
    • 4 Pages

    * Business plans give the organization a sense of purpose. They identify the firm’s mission and goals. They create measurable standards and outline a strategy for reaching company objectives.…

    • 832 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Vision 2 Learn

    • 671 Words
    • 3 Pages

    There is a wide variety of possible business events that you may need to support and help organise. These can range from a small in-house meeting for a few staff members through to large festivals or conferences for hundreds, even thousands, of people from inside and outside the organisation.…

    • 671 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    2. Complete the table below by identifying two ways of providing support before, during and after a business event.…

    • 745 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    1. When organising a business event, describe the range of support activities that may be required.…

    • 882 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Event Management Plan

    • 3651 Words
    • 15 Pages

    Aims / Objectives (S.M.A.R.T.). Our goals and objectives are to become the premier spring break tournament in Florida.…

    • 3651 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    My Coursework

    • 1088 Words
    • 5 Pages

    What is a Business Plan? It is important that a Plan is produced to ensure that the proposed business idea has been thought out before the start up and all aspects of the business have been considered.…

    • 1088 Words
    • 5 Pages
    Powerful Essays