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I want to open a party planning franchise?

Does anyone know who i can talk to about opening up a party planning buisness or franchise? or another one that i can get grant funding for?

Here are some resources on how to start a party planning business

How to Start a Planning Business http://www.biz-ewomen.com/homebizideas/hotbiz_party_planning.htm
Personal Event Planning Business Plan (Free) http://www.bplans.com/spv/3196/index.cfm?affiliate=powerhomeb
Party Planning Business http://www.bellaonline.com/articles/art39265.asp
Party planner’s growing business http://news.bbc.co.uk/1/hi/business/3996633.stm

I recommend reading the following books for in-depth information

The Party Planner by Charles Maring, Jennifer Maring, and David Tutera http://www.amazon.com/exec/obidos/ASIN/821261657/ref=nosim/powerhomebizguid
It’s Party Time: How to Start & Operate Your Own Home-Based Party-Planning Business by M. L. Hine http://www.amazon.com/exec/obidos/ASIN/0806248106/ref=nosim/powerhomebizguid

In terms of getting grants for funding your business, unfortunately, grants are hardly given for starting a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business.

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

Even if you buy books on "how to get grants" or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same – hardly any grants for starting a for profit business.

Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html…

"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."

Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.
http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show

Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

For private grants, you may want to check the Foundation Center’s Foundation Grants for Individuals Online. It’s a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don’t have listings of private foundations who give grants to would-be entrepreneurs.


2 Responses to “I want to open a party planning franchise?”

  1. Miguel says:

    If you want to open a business, why be a franchisee. I think you can do it just as well without the attendant cost of being a franchisee. Do your research by shopping in other party planning businesses or by interviewing a party planner.

    In my opinion, the franchisee route has its place, but only where name recognition makes the cost worth it.
    References :

  2. imisidro says:

    Here are some resources on how to start a party planning business

    How to Start a Planning Business http://www.biz-ewomen.com/homebizideas/hotbiz_party_planning.htm
    Personal Event Planning Business Plan (Free) http://www.bplans.com/spv/3196/index.cfm?affiliate=powerhomeb
    Party Planning Business http://www.bellaonline.com/articles/art39265.asp
    Party planner’s growing business http://news.bbc.co.uk/1/hi/business/3996633.stm

    I recommend reading the following books for in-depth information

    The Party Planner by Charles Maring, Jennifer Maring, and David Tutera http://www.amazon.com/exec/obidos/ASIN/821261657/ref=nosim/powerhomebizguid
    It’s Party Time: How to Start & Operate Your Own Home-Based Party-Planning Business by M. L. Hine http://www.amazon.com/exec/obidos/ASIN/0806248106/ref=nosim/powerhomebizguid

    In terms of getting grants for funding your business, unfortunately, grants are hardly given for starting a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business.

    Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

    Even if you buy books on "how to get grants" or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same – hardly any grants for starting a for profit business.

    Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html

    "The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."

    Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.
    http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show

    Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

    Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

    For private grants, you may want to check the Foundation Center’s Foundation Grants for Individuals Online. It’s a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don’t have listings of private foundations who give grants to would-be entrepreneurs.
    References :
    http://www.cfda.gov
    http://www.grants.gov
    http://gtionline.fdncenter.org
    http://www.powerhomebiz.com/vol66/grants.htm
    http://www.sba.gov/expanding/grants.html