3 Children's Party Planning Business Success Stories [2024]
A children’s party planning business is a business that specializes in organizing and planning children’s parties and events. This can include birthday parties, school events, and sports team celebrations. The business may offer additional services such as decorations, entertainment, and catering.
To run a successful children’s party planning business, it is essential to have strong organizational and communication skills. You will need to be able to work with clients to understand their needs and preferences and then coordinate all the details to make the event a success. It is also essential to understand what children enjoy and what activities and themes will be most appealing to them.
In marketing, it is important to have a strong online presence, including a website and social media profiles. This will allow you to showcase your past events and reach a wider audience. Networking with other businesses in the industry, such as entertainment companies and catering services, can also help to expand your reach and bring in new clients.
One key tip for running a successful children’s party planning business is always prepare for the unexpected. This can include anything from weather-related issues to last-minute changes from clients. Having backup plans in place can help to ensure that you can handle any unexpected challenges that may arise.
Overall, a children’s party planning business is an excellent opportunity for entrepreneurs passionate about planning events and making children happy. You can build a successful business in this exciting industry with strong organizational and communication skills, a willingness to adapt to unexpected challenges, and a strong online presence.
In this list, you'll find real-world children's party planning business success stories and very profitable examples of starting a children's party planning business that makes money.
1. BACH ($6M/year)
Mike Petrakis, the Co-Founder and CEO of BACH, came up with the idea for the app when his lead investor presented it to him. After building successful e-commerce businesses and experiencing viral growth with a waitlist, Petrakis knew he was onto something big and decided to launch BACH, which has now grown to over $1M in net revenue and 40,000+ parties using the app.
How much money it makes: $6M/year
How much did it cost to start: $1M
How many people on the team: 12
BACH, an app that plans and books bachelorette parties, has grown from $0 to >$1M net revenue run rate in less than 6 months, gained over 100,000 users in their first 60 days, and has over 40,000 parties using the app this month.
2. Elegante Catering ($240K/year)
Since the launch, Elegante Catering has focused on online marketing and SEO to attract and retain customers. The founder leveraged their previous experience in online marketing and utilized targeted blog posts and social media to drive traffic to their website. Additionally, they prioritized customer feedback and created menus based on customer preferences to ensure customer satisfaction and retention.
How much money it makes: $240K/year
How much did it cost to start: $500
How many people on the team: 10
Elegante Catering founder, Nestor Nidome, details his journey from failed DJ business to a $20k/month catering company, emphasizing the importance of online marketing and customer feedback as key contributors to his success.
3. The Little Teepee Company ($24K/year)
Jane and Louise, the founders of The Little Teepee Company, came up with the idea for their business after searching for ideas for their children's sleepover parties. They discovered a lack of teepee sleepover services in their area and decided to create their own. They launched The Little Teepee Company in September 2019 and have since attracted customers through Google searches, email campaigns, social media, and word-of-mouth referrals. Despite the challenges posed by the pandemic, they have adapted their business model to offer a no-contact drop-off service and have seen a surge in bookings.
How much money it makes: $24K/year
How much did it cost to start: $1.5K
How many people on the team: 0
The Little Teepee Company founders created an extra special sleepover business in 2019, generating around $2000 per month, until the pandemic hit and resulted in cancelled bookings and refunds, but they adapted their business model and now attract customers through Google searches, email campaigns, Instagram and Facebook marketing and word-of-mouth referrals.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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