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Wedding Planners and Consultants

SIC 7299 | NAICS 812990

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Wedding Planners  (view report)
Wedding Services  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


Library of Congress, Business Reference Services
Wedding Industry Research
http://www.loc.gov/
Topics covered include an overview of the wedding industry and its various service segments, including wedding planners and consultants; sources for statistical data; trade associations for wedding professionals and other service providers; and references to additional sources of information such magazines, journals, books, and commercial sites. All information is accessible free online.

The Wedding Report
Information resources available from this organization include:

Industry Reports
http://www.the...report.com/
Research reports included in this section provide insight and analysis on specific topics and trends for the industry, with topics covered including market data, ceremony and reception trends, spending for specific products and services, online market for products and services, and more.

Market Statistics Reports
http://www.the...report.com/
Market statistics reports for user-defined market areas (national, state, metropolitan area, county, city, or zip code) include estimated number of weddings, average cost per ceremony, total market value, average number of guests, spending distribution range, and spending on specific products and services. Sample report and summary statistics on a national, state, and metropolitan area level can be viewed free online.


Vows Magazine
http://www.vowsmagazine.com/
Bimonthly business journal features news and information for industry professionals with a primary focus on the day-to-day operations of bridal salon owners and wedding consultants and planners. Topics covered in each issue include fashion and shopping trends, merchandising and design, marketing and selling strategies, and technology solutions. Digital editions are available free online.

Mintel Group Ltd.
Weddings - US
http://store.mintel.com/
Market research report provides in-depth analysis of the U.S. wedding market, with topics covered including market size and forecast; factors driving the market; competitive context; marketing strategies; most important elements; event planning responsibilities; ceremony and reception types, styles, and descriptions; and more. Detailed table of contents which includes key points from the report can be viewed free online.

Entrepreneur Magazine Business Startup Guides
Start Your Own Wedding Consultant Business
http://bookstore.entrepreneur.com/
Business startup guide provides an overview of the business and takes users through the various aspects of starting a business and running it successfully. Table of contents and sample text for the Kindle edition can be previewed online via Amazon.com's "Look Inside" feature.



Financial Benchmarking Data


Industry Financial Ratios
Wedding Planners and Consultants
http://www.bizminer.com  Search for "812990"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios




Compensation Surveys


U.S. Bureau of Labor Statistics
Jobs in Weddings and Funerals - Wedding Planners
http://stats.bls.gov/opub/ooq/
Information provided for this occupational category includes a description of the nature of the work and the work environment, number and types of jobs, education and training requirements, wages and earnings, employment outlook, and sources for additional information. All information is available free online.



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