How to Start Planning Your Annual Company Event

October 20, 2022

Having a company event is important for many reasons. It can help strengthen your company culture, promote interaction between teams, help employees be more creative, and it helps increase company morale. To start planning your annual company event you need to notify your team, hire an event planner, and set a budget.

Notify Your Team

For your company to be successful, you should make sure to give your team plenty of notice so they can block off their calendars. Notifying your team doesn’t need to be formal. You can do something as simple as an email announcement. When you are notifying your team you need to be sure to include the most important details. You should let them know about the event, why they should attend, or what the purpose is, and let them know how to notify you if they will attend or not. Do this as an initial step to gauge interest in the event.

Hire an Event Planner

When you start planning your company event it can be helpful to hire an event planner. An event planner is a helpful professional because they have the experience needed to make the planning and the execution of your event go smoothly. They can help you with all the details, such as choosing a good venue. A good venue needs sufficient lighting to set the mood. They can also help with planning food, activities, and more.

Set a Budget

A budget is crucial for your company event. This will determine what kind of event you will be able to afford. When you are setting your budget, you should plan a buffer of about 10% more. There will always be something that happens that costs you more money, so it is better to be prepared before any excess expenses. You should then determine what parts of your event are the most important and spend most of your money on those components. For example, food is an important event item so you may want to spend more on that rather than spending the most money on decorations.

Your annual company event is an important way to strengthen your company. To help you be successful you need to plan an event that your employees will enjoy and look forward to each year. Planning is crucial in helping you make sure your event goes smoothly and gets your employees excited.

Check out this article on how to deal with an influx of new employees after a merger!

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Recent Posts

How to Give Your Employees More Choices in Benefits

How to Give Your Employees More Choices in Benefits

As a business leader, you understand the value of empowering your team with choices that suit their unique needs. This philosophy can extend to the realm of employee benefits, where providing more options can enhance job satisfaction and loyalty. Here’s how you can...

How to Reduce the Burden of Healthcare Costs in Retirement

How to Reduce the Burden of Healthcare Costs in Retirement

Planning for retirement involves more than just financial considerations; it also requires thoughtful preparation for healthcare expenses. As you transition into your golden years, managing healthcare costs becomes crucial for maintaining financial stability and...

How to Avoid Delays When Delivering to Customers

How to Avoid Delays When Delivering to Customers

In today's competitive business landscape, delivering products to customers on time is not just a courtesy; it's a necessity. Delays in delivery can lead to dissatisfaction and harm a company’s reputation, especially for female entrepreneurs who are striving to build...

Work Remotely Without Working from Home

Work Remotely Without Working from Home

Working from home offers a unique blend of comfort and convenience, creating a workspace that is both personal and professional. Your home becomes a versatile canvas where productivity meets comfort, and your creativity flourishes in familiar surroundings. From the cozy corner of your living room to a dedicated home office, the possibilities are endless. With the freedom to choose your workspace, you can design an environment that suits your workflow, whether it’s the tranquility of a quiet room or the vibrant energy of a sunlit nook. Working from home provides the flexibility to customize your surroundings, making it the ideal place to turn your aspirations into accomplishments.

Why You Need to Avoid Overworking Yourself

Why You Need to Avoid Overworking Yourself

The demanding landscape of entrepreneurship often celebrates burning the midnight oil as a pathway to success. While hard work is undeniably critical, overworking oneself can lead to adverse effects that are often overlooked in the hustle to meet deadlines and...