How to start a wedding business
Becky Martin, writer
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With a growing industry to serve, wedding businesses are making lucrative returns. With everything from catering franchises to fitness franchises taking their slice of the cake, there are plenty of opportunities for entrepreneurs to make promising investments.
In 2018, the royal family spent upwards of £32 million on Harry and Meghan’s big day. Though the average couple’s budget comes in slightly lower than that at £32,000, people are willing to spend more than ever on weddings. In the space of a year between 2017 and 2018, the average jumped by £5,000.
With most people becoming more willing to spend their hard-earned cash on experiences rather than possessions, we can expect these budgets to rise even higher in the next few years.
Wedding business opportunities
The substantial amount of money that is spent on these special occasions is what makes a Whatever service you want to provide for the bride and groom, there are opportunities for you on Point Franchise. Let’s explore the franchises on our network that are doing their best to make the most of the big day.
Hair and Makeup franchises
Every bride wants to be camera ready when they walk down the aisle so having flawless hair and makeup is a must. Hairdressers and makeup artists can charge more for their services for a wedding and also benefit from numerous trials that take place before the main event.
Rush Hair
If you’re looking for franchise business opportunities within the beauty industry, investing in Catering franchises
At the Royal Wedding, friends and family of Harry and Meghan enjoyed served bowls of food and canapés at the wedding of the year. All prepared with classic seasonal produce from Queen Elizabeth’s royal estates.
Unfortunately, most bride and grooms don’t have the luxury of royal chefs preparing their wedding menu. That’s where franchise caterers come in. Here are some examples:
Jasper’s
If you think a wedding franchise is definitely for you, then you should consider lucrative franchise business opportunities within catering, such as . This exciting brand provides mouth-watering food for weddings, meetings, corporate functions and other events, and is always on the lookout for ambitious individuals with an interest in hospitality to join the franchise.
Here are some of the key benefits of becoming a Jasper’s franchisee:
- Low overheads, as there’s no need to rent a retail premises
- Minimum investment required stands at just over £42,500
- The brand’s bank partners can finance up to 70% of start-up capital
The Incredible Ice Cream Company
For a minimum investment of just £24,000, Alongside corporate events and children’s birthday parties, the company’s franchisees often find themselves at weddings. The all-year-round nature of this business means that those who choose to invest in it can expect to receive £50,000 to £100,000 per year.
Wedding photography franchises
In 2018, the royal couple had their shots taken by photography star Alexi Lubomirski. But you don’t need to be royalty to find an expert photographer for your big day. On Point Franchise, Venture Studios is delivering stunning wedding shoots that suits the budget of the average bride and groom.
Venture Studios
If you’re looking to start a photography franchise, Its reputation for success means that it is now respected as the UK’s leading family photographer, and wedding shoots take up a sizeable chunk of that business.
At Venture, you’re not just benefitting from trading under a recognised brand name. The franchise also offers a number of distinct perks as a part of its package. Let’s take a look at them:
- Six to eight weeks of intensive training, covering every aspect of your business
- The potential to earn an average turnover of £440,000
- Support from a growing family of UK-based franchise units
Though most couples don’t have millions of people watching them get married all around the world, couples still want to look their best for their big day. With 90% of brides hoping to lose a few pounds before their wedding, it’s unsurprising that buying a gym membership is top of their to-do list.
TruGym
TruGym is a fitness centre fit for a prince. The gym offers a quality experience and high-class security for its clients. With unlimited access to a wide range of cardio equipment, free weights, free group classes, sauna and relaxation rooms, it’s the ideal place to burn calories and tone up.
Established in 2010, has quickly become a thriving franchise with jaw-dropping annual profits. Unsurprisingly, the company’s franchisees have been more than happy to wave goodbye to corporate life.
If you're passionate about health and fitness, have the determination to make your business a success, and you have the funds to cover the £650,000 to £850,000 total investment, then this could be the franchise opportunity for you.
Since being founded in London in 2007, One Element has been making a major difference to people’s lives. Earlier this year, the franchise’s outdoor fitness classes were named as some of the most exciting in the UK by The Spectator’s LIFE Magazine.
‘The Hub’ training website, which is available from day one2. A training and operations manual 3. Webinars 4. Coaching sessions led by the LighterLife pros If you're interested in helping clients find their perfect holiday destination, then there are plenty of franchise business opportunities in the travel industry. Perhaps a cruise franchise is worth considering.
GoCruise
GoCruise is one of UK's largest cruise agencies with a network of more than 60 franchisees all over the UK.
- GoCruise is particularly keen to talk business with candidates that have a proven sales track record. After all, they want their franchisees to be shifting as many cruise deals as possible. Good business judgement. At the end of the day, that fundamentally comes down to balancing the books. You need to be bringing a profit into the company that both you and the franchisor can enjoy. Any losses will be felt by both parties, so you’ve got a mutual interest in finding a sound business strategyA passion for customer service. GoCruise specialises in delivering holiday packages that are tailored to each individual customer. If you can show them that you’ve got the enthusiasm needed to put a smile on each and every customer that you serve, they’re far more likely to take you on as the latest member of their franchise team.
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Becky Martin, writer