On average, freelance event planners can earn anywhere from $50 to $150 per hour, depending on their experience, location, and the complexity of the event, ing to Business Yield. For larger events, some planners opt for a percentage model, usually taking 10% to 20% of the total event budget.
Step-by-Step Guide to Create an Event Budget Start with the Big Picture. Break Down the Costs. Account for Miscellaneous and Unexpected Costs. Track and Adjust the Budget as Necessary. Prioritize Expenditures. Get Multiple Quotes. Factor in Revenue. Review Contractual Obligations.
Your job at its core entails taking complex tasks (event planning) off your clients' hands and turning their wishes into reality. in Texas, you don't need any formal training to become an event planner. However, getting a degree or certification in specific fields will enhance your career journey.
There are two million events organized in the US every year. That is almost 5,500 events every single day. And a profit margin of planners is 15-40% of the budget (some $500 billion annually spent on events, ing to Entrepreneur).
You can become an event planner by earning a relevant bachelor's degree or gaining suitable experience in the service industry. While many event planners did not attend college, increased competition in this field has encouraged more aspiring planners to earn degrees.
As the employers and recruiters who've contributed to this site will testify, you do not need a bachelor's degree to become an event planner. You still need a good standard of education, but in the event planning industry, experience trumps qualifications every time!
While there isn't really such a thing as a registered event planner in the U.S., an event planning certification will be more recognized in the industry than a certificate.