I'm looking at starting an events management (& possibly catering as well) company and getting my mom involved.
I thought I'd scout your brains a bit before I go into any ventures.
Firstly, is the field saturated at all, or do you believe there is good potential for a small startup to grow?
Secondly, what sort of initial capital may be involved with something like this? I would suspect not much, as most items I would guess are on a relative cost basis i.e. pay for it when you need it type thing.
Thirdly, is it better to try target corporates and SMME's or the private sector?
Also, do you think registering for VAT would assist in getting corporate customers over competitors?
What are any other thoughts you may have about something like this?