There are still many companies who are recovering from the recession. These companies do not have the budgets for hosting lavish and grand holiday parties. However, this is not the reason to be a miser and not host holiday party for your employees. You can still host a party for your employees and can give them some holiday feel and that too without investing much.
The following are five ways you can save money:
1. You can pick the venue which is already decorated
If you are choosing an already decorated venue, you will save the expenses spent on purchasing decoration materials. Additionally, you will also escape from the hassle you might face in finding someone to decorate the hall.
2. You can host parties on weekdays
If you want to hold your party at a banquet hall, then there are certain ways that may help you save money. As we all know, venues are generally very expensive on weekends. It may be lesser expensive for you if you keep your party during the weekdays. You can also save by taking your employees to lunch at a restaurant, instead of dinner, which is usually more expensive.
3. You can save on Alcoholic Beverages
If you do not want your colleagues to pay for their drinks, and you also want that the cost of drinks should fall in your budget then, you can save money on liquor by offering a limited choice, such as beer and house wine. You can have a specific number of drinks for each guest. After they have had the specific number, they can pay for extra drinks they want to have.
4. You can reduce catering cost
The catering cost can be cut down by offering a buffet instead of an a-la-carte dinner. Another alternative, how you can save money in catering, is to hold a cocktail party with desserts and appetizers.
5. Eliminate the cost of hiring a professional event planner
Rather than hiring a professional event planner, you can ask your co-worker to plan the party. From your office, you can find someone who might be enthusiastic in hosting such events and is creative as well.
These are few budget-friendly holiday planning ways, where you can try to save money while organizing holiday parties.
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