When starting your own events business, there are many factors to consider beforehand. This includes what skills you already have, considering the risk of self-employment, researching the current demand for events, what type of events you want to manage, do you have the determination, how do you plan to finance the company and all legal requirements. First, what skills do you have that will help you? Do you have sufficient knowledge of employment law, can you manage your finances and do you know the necessary health and safety aspects that are required? Communication skills are essential because you need to be able to convey your ideas clearly to your client, concisely and confidently. It is also essential that you are comfortable managing others and delegating. When employing in-house staff, you must be able to motivate, encourage effective teamwork, possess strong leadership skills and be able to develop your own management acumen and style. Be able to acquire conceptual abilities (being able to deal with complex and difficult situations with assertive decision-making and the drive to achieve your own business goals. This also includes being able to take on great responsibilities and deal with uncertainty and the element of surprise) Taking the step to become self-employed is a total lifestyle change, it's much more flexible, but there is an inconsistency in regular work entering into the early stages of a new business. Personal motivation is necessary to be able to overcome the risks associated with self-employment. You are solely responsible for your finances, your staff, your reputation and much more. You must be confident enough to make your business a success. It's always good to be in the middle of paper. Finally, in your profession, you will be responsible for others during events and insurance will be necessary. As a new business it is best if you are insured per event as you don't know how many events you will be doing each year to purchase it each year. Insurance will protect you against any unforeseen damages and accidents, Public Liability Insurance (PLI) should cover most issues. You may get additional coverage for other things like problems with your staff, change in weather conditions, cancellation or even loss of money. It is best that you seek help from an insurance broker, he will find you the best offer and adapt to the needs of each individual event. Overall, there are many elements to consider and each must be carefully considered, researched and thought through. Starting a business in events is not a decision to take lightly.