GUIDE FOR BUDGETING YOUR CORPORATE HOLIDAY PARTY
Planning a successful company holiday party requires careful budgeting to ensure that every aspect contributes to a memorable experience without overspending. Here’s a concise guide to help you navigate the essential elements of budgeting for your event.
IMPORTANCE
The venue sets the tone for your event and can significantly influence attendance based on where most of your team is located. If the venue is underhwelming it can sometimes deflate the energy of the event itself.
CONSIDERATIONS
-Location and accessibility
-Capacity to accommodate guests
-Included amenities: AV equipment, tables/chairs, and catering options available will help your event run smoothly and can avoid significant costs.
BUDGETING TIPS
Save money by finding an off-peak date for your holiday event. Venues often offer discounts for off-peak times and you’ll often avoid peak pricing. Early January is great for this!
IMPORTANCE
Food and beverage is typically the largest piece of your holiday event budget. If the food is not good or doesn’t accommodate everyone it’s a let down for your team.
CONSIDERATIONS
-Type of catering: buffet, plated dinner, hors d’oeuvres
-Dietary restrictions and preferences
-Holiday specialty cocktails and full open bars are a ton of fun but come with additional costs versus a bar with beer and wine service.
BUDGETING TIPS
Save by hosting the event at your office. This tends to cut down on large holiday minimums private spaces have for food & beverage spending. You can bring in your favorite event caterer and bartending service to make it a great time for everyone!
We understand how important it is to create a holiday event that brings joy and connection among your team. By carefully planning and budgeting, you can craft a celebration that not only reflects your company’s values but also leaves a lasting impression on your guests. We’re here to support you every step of the way and ensure your holiday gathering is both memorable and enjoyable.
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