Business development Fred Heritage · 24 November 2015
Small business owners don’t need to blow the bank on annual staff do
It’s that time of year again and Christmas party season is fast approaching. Party planners at companies across the UK will no doubt be on the verge of booking the tried-and-tested overpriced sticky-floored room above their local pub, over-ordering on the booze and wondering whether that dubious DJ that played their friend’s wedding has any Slade in and amongst their record collection. Christmas parties congratulate employees for working hard throughout the year and can be a great boost for morale, but small business owners don’t need to blow the bank on the annual staff do. Rather than throw money at a party that staff may or may not choose to attend, Business Advice has some ideas that could help small firms create a memorable occasion and also see some money left over for January. (1) Compare prices If opting to hire a venue for eating and drinking, make sure to spend enough time researching the latest and greatest deals in some of the places you’re interested to book. The Whetherspoons over the road from the office may be advertising a tenper cent discount, but the smaller family-run pub close by may provide a cheaper, more bespoke alternative. Venues are also more likely to negotiate their prices for group events, so don’t be afraid to haggle. (2) Ask around If financial constraints cause a worry that many staff will be left unsatisfied with the company’s chosen Christmas bash, ask people to contribute ideas. It may be that most staff opt to stay in the office to party, thereby avoiding having to spend big on venue hire. If Christmas party ideas get listened to, staff will more likely attend and make it the end of year team bonding experience it’s supposed to be. (3) Bring your own Another great way to involve staff and keep costs down is to ask people to bring their own food and gifts to the party. Bringing a dish to a company buffet encourages staff to show off their culinary skills to workmates and makes a cost effective (and often tastier) alternative to the standard turkey and stuffing meal most of us forget.
ABOUT THE EXPERTFred Heritage
Fred Heritage was previously deputy editor at Business Advice. He has a BA in politics and international relations from the University of Kent and an MA in international conflict from Kings College London.