Planning a party is not an easy task.  You may go to one party store and find only half the stuff you wanted, which means you will have to visit other stores to get all the supplies you need.  Wouldn’t it be easy if you just had one place to go to?  That is what a party planning and supply business can do!

Running a party supply business give your customers the simplicity of that type of one stop shopping.  You supply wrapping paper, gift bags, party favors, streamers, invitations, cards – everything that is need to have the perfect party.

In order to run a successful party supply business, the one essential skill you need is the knowledge of how to throw a good party.  After all, what is more important at a party than the guest of honor and the attendees having a good time?  You should have an eye for detail.  It is key that you make sure all the needed items are taken care of.  You should also be well organized – not only where it concerns party planning, but also with your own business details.  You should have an orderly fashion for dealing with your customer invoices and information.  You should also be well aware of what is in your inventory and what items need to be restocked.

One of the most important things you need to do when starting your party planning business is to find a wholesale party source.  That will provide you with a good price on items.  Remember, the cheaper you can find supplies, the cheaper you can offer services to clients.  You will need somewhere to store all your inventory as well.  You will also need a list of good, reliable caterers, musicians, clowns – anyone else that you might ever need to call on for a party.

Start a scrapbook of party plans.  As you give parties, take photos and fill your scrapbook with that.  It will help you keep organized with all your party ideas, but it also offers something for potential clients to look at.

You may want to start your business off by doing parties for friends and family members, but only ask for them to cover the cost of the party supplies.  This gives you good experience and them a free party planner.  Make sure you get testimonials from them – this is also a great marketing tool for potential clients.  You can even use them on a web site, brochure, or flyer.

Advertise in your local paper.  Also, look into advertising in any special flyers (such as one specifically for brides) or free newspapers.  Many larger cities hold bridals shows each year, so see how much it costs to set up a booth there.  Sponsor the local lunch menu at a school – you are sure to get the moms attention that way.

It will take some time to get a reputation as a good party planner.  But remember that hard work and patience will eventually pay off!