The wedding day is unique to each couple and the memories
last forever. The industry is highly lucrative and attracts lots of niche
businesses.
Entrepreneurs interested in the industry have a whole verity
of areas to explore. The unique businesses offer different services to create a
lasting impression on the beautiful day.
Weddings are not seasonal and occur throughout the year.
Leveraging on this multi billion industry makes good business sense.
An average wedding costs $8,000- $20,000 depending on
the couple’s budget. Before you invest
in the industry you need to find a niche that complement your natural talents
and interest.
There are different ways to get into the wedding
industry. You could buy into an existing business, try franchising or wholesale/retail.
Other ways is through partnership agreements or start from scratch. Here are a
few wedding business ideas.
30
Niche Wedding Business Ideas
What is a wedding without lots of beautiful flowers? The
hall needs lots of flowers and the bride sometimes carries a floral bouquet.
Floristry business has become a huge industry providing services to event
planners, wedding organizations and corporate events.
Become
a Wedding Planner
A wedding planner makes lots of money especially during
high society weddings. They organize the entire ceremony from the caterers, cake
makes to security. You need lots of organizational skill to become a wedding
planner
Wedding
Caterer
Lots of delicious food is consumed on the wedding day. Catering
services is essential too weddings as marriage vows.
To effectively run a wedding catering service you need a
commercial kitchen and cooking utensils. Each wedding is unique and are
tailored to the couple’s expectations.
Webbing
Car Hire Services
Most brides want to arrive at the wedding venue in
luxury. They prefer riding luxury cars such as limousines to ferry them to the
occasion Car hire services is good business, however it is capital intensive.
The majority of funds are used to purchase the vehicles,
fuel and marketing. Car hire also services other industries providing good
business opportunities.
The wedding favor business is very lucrative and
competitive. You can start the business with moderate funds and lots of creative
energy.
The good aspect of the business is that you can work from
home or a small office. Purchase unique items and network with screen printers
is a good idea.
Wedding Photography Business
Wedding photographers are another essential service
during weddings. The occasion needs capturing for prosperity. The wedding
photographer is usually commissioned to cover the entire occasion from the
entrance of the bride to taking group photographs
Make-up
Artistry Business
To glam-up the bride and bridesmaid they need a
professional make-up artist. The makeup artist works her magic transforming the
bride.
To launch a makeup business you need to learn the skills.
Startup cost is low however you need lots of referral and marketing. Brides are
willing to spend good money to look perfect on their wedding day
Cake
Maker
Have you seen any wedding without those amazing cakes?
Cake making is profitable and slightly challenging.
There are many opportunities for cake makers to earn good
income. They also have a broad customer base such as schools, eateries and fast
food restaurants. They can also include home deliveries and online orders.
Wedding
Officiant
The wedding Officiant is the person who takes their vows.
To become a wedding Officiant is easy especially if you use online resources. You
need to get certified as an officiant and obtain a permit before legally
practicing the profession.
Start
Invitation Card Business
The couple needs to invite guest to the wedding. An
invitation card business covers wedding, anniversaries, corporate occasions and
birthdays. Create unique invitation
cards for your customers and see your profit rise.
Start
a Balloon Decoration Business
Balloons are part of the décor used at weddings. Stock different types of balloons and network
with event planners. You need small funds to start a balloon decoration
business including good storage facility.
Start
a Bridal Boutique
Bridal boutiques accommodate important items used during
the occasion. To start a bridal boutique stock qualities items and secure a
good location.
The location could be in a commercial area or residential
area. You could focus on a niche or offer a large collection.
Sell
Wedding Dresses
You can start a wedding dress store and sell wedding
gowns. Try to stock both new and used gowns to accommodate different clients.
The business is capital intensive because bridal gowns
are expensive. You could also include gown hire services for brides.
Start
a Wedding Accessory Store
There are lots of wedding accessories you can stock. Make
sure the store is visible and has lots of inventory. You could get startup
funds through soft bank loans with fixed interest rates.
Wedding
Suit Business
The groom and his men need to look smart on his wedding
day. Suits are very expensive so starting a suit rental business is a good
idea. You need lots of funds to purchase the suits and a good store location.
Wedding
Venue Rental Business
Every occasion requires a venue and weddings are not an
exception. Venue rental business is huge and lucrative.
The venue could accommodate different events and
occasion. The cost of renting a venue depends on the location and physical
structures. Highbrow areas attract huge sum in comparison to middle-class
locations.
Become
a Master of Ceremony
A master of ceremony is usually a one man show. It
requires very low startup funds and is very lucrative.
You need to develop your brand and add humor to the
wedding. Masters of ceremony make good money plying their trade.
Live
Band Business
You need musical talent to start a live band. The
business is capital intensive and challenging.
With lots of persistence you would gradually build a
reputation and brand name. Once you get into the mainstream of things the cash
start rolling in.
Become
a Wedding Videographer
Wedding videographer earn good income covering the
entire occasion. You need quality equipment and staff to successfully run a
videographer business. You also need to have the perquisite skills in editing
and recording.
Wedding
Event Decoration Business
The decorator needs a degree in interior design. Decorating
the wedding hall is very important to the success of the occasion.
Event decorators face lots of competition and challenges.
However establishing your reputation would attract lots of business
Although the bride and groom have found each other there
are many eager souls looking for love. Matchmakers earn a reasonable amount of
money providing this service to singles.
Wedding
Hairdresser
Hairdressing business is fully saturated however new
establishment open everyday. You need to have good hairdressing skill to
attract lots of patronage. Hairdressers complement makeup artists to beautify
the bride on the special day. Out-calls attract better fees than onsite jobs.
Start
a Wedding Website or Blog
Create a search engine optimized website or blog. Include
lots of high definition imagery and blog posts.
You could earn income through product sales, affiliate
earnings or referrals. Other income sources are through advertisement networks
or direct advert placements.
Make sure you purchase a top level domain name and host
plan. You could also provide drop shipment and take online orders.
Create
a Wedding Magazine
Magazine business is tough, challenging and interesting.
The business is capital intensive and requires good journalistic skill. You
need printing equipment, writers, marketers and a good distribution channel.
Not all event centers have adequate toilet facilities. In
such occasions the organizers hire portable toilets to argument the shortfall.
Portable toilet business is profitable however has a few
challenges. Evacuation of feces and transporting the toilets are the major
difficulty
Chairs
and Table Rentals
Sometimes the bride and groom might opt for canopy event.
They may wish to have an open air ceremony so they need to rent chairs and
tables.
Chair and table rental requires only a moderate startup
capital and occasional equipment maintenance. You need a mode of transportation,
storage and staff.
Start
a Security Agency
A private security agency offers their services to
different industries. You find them at banks, events, recreational parks and
guarding celebrities and high net worth individuals.
You need to provide training for your guards register the
agency and obtain licensing and permits.
Serve
Cocktails and Drinks
You need a liquor license to deal in alcoholic drinks.
The drinks at wedding occasions are provided by cocktail and drinks
outfits.
Your staff needs special training in cocktail mixing and
serving. To run the business you need to network with drink manufacturers and
major distributors. Provide adequate storage, transportation, and a freezer-truck.
Small
Chops Business
Sometimes the wedding ceremony serves small chops to
guests. Small chops are a specialty sector of the fast food industry.
Types of small chops are sausage rolls meat pies,
shawarma, buns and cakes. Develop your baking talent and purchase an industrial
oven. You could work from home or a fast food establishment.
Disc
Jockey Business
Instead of using a live bank some weddings prefer the
services of a DJ. The business is lucrative and recurrent expenditure is spent
on acquiring additional equipment and songs. Develop your talent as an
apprentice or through books and tutorials. Regular practice is needed and
dedication to the craft.
Calligraphy is an ancient art form that has witnessed resurgence.
The business involves handwriting wedding invitation cards and envelops.
The business requires low startup capital and good
handwriting skills. To start the venture purchase all the essential writing
implements and paper. Advertise your business in wedding journals and
magazines.
Wedding
Ring Business
There are different types of wedding rings in the market.
We have diamond rings, ruby rings, silver and gold rings. The ring business is
highly lucrative depending on your business strategy and inventory.
You need a good location with easy access and parking.
Wedding ring business is capital intensive and you require good security.
Marriage
Councilor
Some couple visits a marriage councilor before the
nuptial. The job entails a degree in physiology or passion for counseling.
Although religious organizations such as churches have free counseling sessions
some couple prefer professional guidance.
2 comments:
Exceptional list of wedding business ideas. I am more interested in the wedding photography business, which has become a high-end lucrative profession now. Professional wedding photographers in Chennai get a higher pay when compared to other south Indian cities.
The global wedding industry is estimated to be worth over 300 billion dollars and growing bigger every day. Many entrepreneurs are reaping the benefits of it!
Here, We are come up with the startup idea for the wedding service niche marketplace for the wedding industry.
How it will be fruitful to you? check out: http://bit.ly/2QLJSph
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