Different fee structures to consider

• Flat Fee – Most clients prefer to know how much a project will cost, inclusive of all fees. The event planner must determine a flat fee and determine what services are included for a specified amount.
• Percentage of Event Budget – We feel comfortable charging between 15-20% of the event budget depend on certain parameters and depending on the complexity of the program and the amount of time it takes to plan and manage the event, charging a percentage, rather than a flat fee, is enough to cover the planner’s time and costs and make a profit.
• Hourly Rate – Similar to the flat fee rate, establishing an hourly rate allows more flexibility for both parties to adjust to changes along the way. The average hourly rate is $50/hr., according to payscale.com
• Percentage of Budget PLUS Expenses – this is my preferred way to charge for my event planning services. Charge 15-25% of the overall event budget as a service fee plus all expenses. This way you’re charging for your time and your client pays all expenses associated with the event. A detailed event budget needs to be presented to your client for every event so they know how much the event will cost them.
• Commissionable Rate – Another way that event planners may collect fees for services is by securing event space through venues that offer commissions. Many travel agents take advantage of this for booking tickets, hotel rooms and possibly transportation. Beware of this option because your client may question your sense of loyalty.n posting, etc.

The determination of our fees structures is based on our operating expenses, salaries and other expenses.