The reason every proposal is custom created is because each client has their own one of a kind concepts. Each of these concepts require their own amount of materials, labor, etc. The general rule of thumb for my pricing is to add together;
1. Travel Fee- $1/per mile (plus $100 wear and tear fee) per vehicle per trip. This number varies depending on how many assistants are needed the day of, and if we are doing a venue tour, a rehearsal, etc.
2. Material Cost= I get this number by creating a shopping list custom to your aesthetic, getting a total, and then cutting that number in half, by offering to pay for half of the decor if I can add reusable items to my rental closet after the event. For each proposal I offer different level packages of how opulent you want your decor to be.
3. Labor hours for Head Designer= $150/hr (includes research time, custom creation time, communication time, setup time, breakdown time, time on site, loading time, shopping time, additional time added on for changes etc). For each proposal I offer different level packages of how many hours of custom creations and how much planning help you want to be included,
4. Assistant Labor Time+ $50/hr per assistant (1 assistant per 50 guests, unless setup is extremely elaborate and more are deemed necessary due to lack of venue/catering aid; includes organization time, loading time, driving time, setup time, time on site, breakdown time, reloading time, unloading time, storage time). This number does not really change from package to package, unless you get a lot of additional decor that must be loaded and unloaded. While some people believe I over pay my assistants (and I do pay them more than my competition) keep in mind this is back breaking work done at break neck speeds, I believe in fair pay for what a person does and how hard they work. All of my assistants have started off at lower wages and proven their worth. If you do not support this methodology, we will not be a good fit, and I welcome you to hire a "more affordable" planner who pays underage kids or desperate adults $13/hr under the table illegally.
- - If you add these 4 together you get your SUBTOTAL. From there you add:
5. 20% Taxes. Because I am a licensed W-2 Employer, unlike most event planners who use 1099 subcontractors, or just pay under the table, I am subject to a whole plethora of taxes and fees on top of your normal business overhead, such as business insurance, website cost, ads, marketing, storage costs, internet, phone, etc. I also have workers comp, unemployment, liability insurance, Medical Taxes, SSI, and more. Unfortunately because of this I've been forced to add this tax on to my customers to break even.
- - After adding the 20% Taxes you get the TOTAL
It's important to remember that Exclusive Custom Services are a luxury product as there are a lot of factors that are involved in design work as you can see below...