Nothing could be better then getting an invite for a party along with a check. This business idea is all about fun and parties. What you are paid for is just a few phone calls to a small number of people. So 'eat drink and be merry'.

Your new business will be a one stop shop for organizing parties. A lot of people find it a big hassle to organize parties. Not only is it very demanding of their time but also of their pocketbook. So, if you provide them with a service where you manage their party as per their instructions (and at an attractive price), they will be more than willing to pay you a fee.

You will be delivering and putting up the decorations and putting out all of the party supplies (tables, chairs, tents etc), making food arrangements, arranging for games and entertainment, cleaning up after the party is over etc. Well, don't get shaken with this work profile. You wouldn't actually be doing all this by yourself. What you will really need to do is just make a few phone calls to line up all the individual service providers that the party needs. So you are just the manager who communicates with and manages others (who do the work on the ground).

If you don't have prior experience in an event management field, you might get a book on the subject or use internet resources (check resources section at the end of this articles) to enhance your knowledge in the field which is going to feed dollars to your bank account.

As the first step you need to prepare a list of individual service providers you can use. The best and the easiest thing to do is place an ad in the local newspaper asking for people/individuals who can be hired for cleaning, decoration, supplies etc. Also, look in the yellow pages for such services. Compile a list of ten for each category. Talk to them and introduce yourself as an event organizer. Ask them for references of previous work done by them, their normal rates and what rates they can offer you. Once you have ascertained the credentials and have all the information from each service provider on the list, shortlist three in each category. Reliability and price are the two most important things to look for when making a selection. Further negotiate the price with the short listed three in each category and finally rank them as primary, first back up and second back up. This is your database now and will be handy whenever you are finalizing or executing a job.

Next, you need to advertise your service offering. A good website will not only make it easy for the people to reach you but will also reflect the seriousness of your business. Yellow pages listings are a must.

So besides the initial advertising investment there isn't any other investment requirement and you can pretty much get started with a $500 or less investment.

Do not forget to attend the parties yourself just to ensure that things are in control.

Tip: Take a photograph of the client and their family with the decorations before the guests arrive. Present the same to the client after embedding it in a good photo frame. Place a sticker containing your contact details and your website address on the frame.

The following resources should prove helpful in this business:

http://www.amazon.com/Essential-Event-Planning-Kit/dp/0935047360s

http://www.homepartyplannetwork.com/

http://ezinearticles.com/?Party-Planning:-The-Key-to-Every-Successful-Party&id=300350

http://www.wikihow.com/Host-a-Successful-Party