Report Algaziyeva Aida 2-01.docx - Algaziyeva Aida 2-01 group Report About Business Idea My business idea is Event Agency My company name is RAF In my

Algaziyeva Aida 2-01 group Report About Business Idea My business idea is Event Agency. My company name is «RAF». In my opinion Event Agency is perfect startup idea. Because nowadays we can not even imagine birthday party, graduation party, or baby shower without photo zone, candy bar, the- matic decoration and other modern attributes of any celebration. A key advantage of this business that you could start providing your service from home and also you can promote the mini-agency through social networks and «gossip hotline».The main thing here is to find good partners who will do their job with a high quality and on time. The success of this agency depends entirely on your skills and interests because Event planning requires a very specific personality: one that is outgoing, social, and creative enough to tackle the forever-shifting tasks needed plan a successful event. 1

But if you love parties and you are able to organize process correctly; if you are cre- ative, responsible, disciplined and sociable person, then this option precisely for you. However, just like any other industry, prior experience is essential to starting a prof- itable event business. Would you trust your only car to an uncertified, tentative me- chanic to replace its engine? If not, then why should someone trust you with their events if you have no professional experience or certifications of your own? Before investing your precious time into starting an event planning business, consider the many certification courses out there to prepare you for all of the ins-and-outs of event management. Even if you have previous experience organizing events for a company, organization, or local group, it is always best to have some formal certification which solidifies your experience for clients. Not to mention, there is always something new to learn. Next step is developing business plan. It acts as a proposal tool when approaching in- vestors and lenders, so they will feel more comfortable giving away their money to our business. These loans don’t have to come from bank lenders either. Thus, a few years ago Kazakhstan joined to an international platform for finding investors and business partners 1 . After all of these actions are finished our «RAF» event agency will focused on The Social Market. Social events are festive and exciting. They include fairs, parades, weddings, reunions, birthdays, anniversaries and etc.