As a small business owner, chances are you’ve thought of organizing a business party or company event at some point. The event could be to celebrate an employee’s birthday, celebrate the holidays, update staff member’s knowledge through seminars or workshops, recognize outstanding staff by giving awards, a fundraising event, and so on.
While it may be tempting not to hold any company event in a bid to save funds, there are several benefits of hosting business parties. For one, it’s a way to validate your employees and show you appreciate them. This can boost company morale through the roof and create a more focused team.
Leadership and employees can also connect better and build relationships during company events. Employees have the opportunity to relate with customers and make real connections. So, it’s always a good thing to host a company event. It’s not just a fluff, it’s something that has been proven to do wonders for any organization, big or small.
The key to organizing a successful company event is to find out what works for your company, make a plan for it, and then throw a great event. Below, we’ll provide tips on how you can create a great company event. Here we go.
- Determine The Purpose Of The Event And Start Planning Early
A company event isn’t just something that’s done for fun. Yes, you want people to have fun at your events but there has to be a purpose behind the event. It could be to launch a new product and introduce it to your customers, celebrate the holidays, recognize outstanding employees, and so on. So, the first thing to do when organizing a company event is to identify the purpose of the event.
With the purpose defined, the next thing is to start planning as early as possible. One or two of your creative employees can help with the planning process to make things easier for you. During planning, you’ll determine where you want to hold the event, decorations, and food options.
Depending on the size of the event, you could use the office, a party-styled tent structure that offers a lot of customization, a hall, and so on. You’ll have to decide if liquor will be served at the event and research local liquor laws in your area to ensure you aren’t breaking any law.
- Set A Date Based On Availability Of Results
When it comes to selecting a date for your event, you need to check your calendar and choose a date that’s convenient for you and all attendees, whether they are your employees or customers. Ideally, the date should be far enough to give all invited guests enough time to prepare for the event.
- Determine Your Budget
Estimate how much you need to host the event. To do this, work with an accounting employee if you have and go through a list of everything you need for the event. The list must include every single thing that’s need to bring the event to life.
From refreshments to decoration, presenters, public transportation, cost of the venue, and so on, make a comprehensive list of everything you need. You can find ways to cut down on some things if the projected expenses are more than what you are willing to spend on the event.
It’s okay if you can’t think of everything you need in the beginning. But as you think of new things, immediately update your list and review them with one of your employees to ultimately build a budget for the event.
- Serve Good Food
Did you know that the quality of food served at an event can make or break it? Snacks and drinks are the lifeblood of any event as guests take them for refreshments as they socialize with one another. The key to serving good food at your event is to work with a good caterer.
Food served at any event must match the theme of the event while pleasing the attendants of the party. The food should also match the time of the party. Food to be served during the day may have to be different than food served in the evening.
- Celebrate And Evaluate The Event’s Success
If everything went according to plan and there’s no problem, you’ve done well and you should pour yourself a drink. But it’s not over yet. There are some finishing touches you need to apply. One of these includes settling any outstanding payments to vendors and having a post-event debrief with your planning committee.
Surely, you’ll gain some experience that will come in handy when planning future events.