Cash In on 'I Do'

These 43 emerging and well-established businesses help couples tie the knot--and could help you turn a profit.

These days, weddings aren't just about the bride and groom; they're big business. According to a founder of the Association of Bridal Consultants, 43 different businesses are involved in creating the average wedding. And with destination weddings on the rise, wedding festivities are becoming more like family reunions.

All of that means bigger budgets. According to The Knot, the average wedding costs approximately $25,000. As a whole, the U.S. wedding industry brings in about $72 billion each year, with more than 2 million couples taking the plunge annually. Carley Roney, editor-in-chief of The Knot, says brides and grooms are contributing more to the wedding event when it comes to both paying and planning.

One thing hasn't changed: Word of mouth is still the best form of advertising for wedding businesses. "Brides speak to each other," says Roney. "They're waiting to hear confirmation on a potential vendor from someone they trust." As a result, many wedding vendors working in the same region develop a network. For instance, a wedding photographer could recommend a florist, décor company and DJ.

Content Continues Below


Want to cash in on this growing industry? Click here for a list of 43 ways you could get involved.

Are you looking for a low-cost wedding business to start, or perhaps one that's service-oriented? Click on any of the following links for businesses by category.

Is Creating Wedded Bliss In Your Future?
Wedding planners and industry experts warn it's not all fun. You'll likely have to give up your weekends. And stressed brides aren't always the easiest to work with. But if you decide the industry is for you, check out wedding directory websites like The Knot, WeddingChannel and WedAlert. You can also tap into the minds of brides by looking at bridal blogs like Weddingbee or Manolo For the Brides.


 

Sponsored Links
Marketplace

Learn how to distribute a press release

All-new 2010 Ford Transit Connect
Today on Entrepreneur

Entrepreneur Connect
sponsored by
What Are You Afraid Of?
Resource Centers

The Business Savings Center
Get a wealth of ideas on how your business can save on overhead, marketing, taxes and more.


Startup How-To Guides
Step-by-step guides to launching your business.



Web Smarts
Tips and tools for leveraging the web to take your business to the next level.



Insurance Center
Everything you need to know about employee benefits and protecting your business.




Sign Up for the Latest in:
e-Business & Technology
Franchise News
Business Book Sampler
Starting a Business
Sales & Marketing
Growing a Business

E-mail*
Zip Code*