Starting an event production company involves a few essential steps and initial investments to set you on the path to success. First, conduct thorough market research to identify your target audience and niche, then draft a detailed business plan outlining your services, pricing, and marketing strategies. Register your business and obtain necessary permits and insurance. Invest in basic equipment such as sound systems, lighting, and staging, or consider rental options to minimize costs initially. Create a compelling online presence with a professional website and active social media profiles to attract clients. Network with venues, vendors, and potential clients to build relationships and secure contracts. Initial investments will vary, but budgeting for equipment, marketing, legal fees, and initial working capital is crucial. Remember, your creativity and organizational skills are your biggest assets in making every event memorable!