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Entertaining on a Budget: Tips & Tricks for Throwing a Fabulous Party Without Breaking the Bank

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Who doesn’t love a good party? The happy atmosphere, the great company, the delicious food and of course, the drinks. However, the costs associated with hosting a party can quickly add up and leave you feeling stressed and wondering if it’s even worth it. Well, it is! However, this list of tips and tricks will make it easier to throw a fabulous party without breaking the bank.

Plan Ahead

The first step to throwing a fabulous party on a budget is to plan ahead – start by creating a budget and make sure you stick to it. Decide on what type of party you want to have – will it be a formal dinner or a casual cocktail party? Once you have a clear idea of your party’s theme, you can then start creating your guest list, menu, and decoration plan. Don’t forget to consider the size of your venue and whether or not you will need to hire tables, chairs, or lighting. 

DIY Decorations

When it comes to party decorations, you don’t have to spend a fortune. Get creative and make your own decorations! You can make banners, table centrepieces, or even photo walls with just a few materials. Consider using simple and recyclable items like paper, cardboard, and fabrics. You can also find inspiration on Pinterest for unique and low-cost decoration ideas. For a touch of elegance, you can hire some fairy lights or Edison bulbs, which will create a warm and inviting atmosphere.

Potluck Style

One of the biggest expenses when hosting a party is food and drinks. Instead of taking on this expense alone, consider asking your guests to bring a dish to share. This potluck style is a great way to involve your guests in the party and ensure that there is a variety of food and snacks available. You can even request that your guests bring their own drinks, which will save you from the cost of stocking the bar. To take it a step further, you can create a signature cocktail that is easy to make and can be served in large quantities.

Drinks Fridge Hire

As previously mentioned, drinks can be a significant expense when hosting a party, but a great way to reduce this cost is by hiring a drinks fridge. Drinks fridge hire is a cost-effective solution that will keep your drinks cool all night long – you can also purchase drinks in bulk, which is cheaper than buying individual bottles or cans. This is an excellent option if you are hosting a large party or if you want to offer a variety of drinks.

Games & Activities

No party is complete without games and activities – however, this doesn’t have to come at a steep price! Consider hosting a movie night or a game tournament. You can also incorporate activities that match your party’s theme, such as a DIY cocktail-making station or a photo booth with props. These activities are a great way to break the ice and create a fun and engaging environment for your guests.

Throwing a fabulous party doesn’t have to break the bank

By taking some (or all!) of these tips and tricks on-board, rest assured you’ll host a party like a pro without having to worry about your wallet. So, start planning your next party today!

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Lifestyle

Powerful Corporate Gifting Strategies to Build and Strengthen Business Partnerships

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If you want to build and strengthen business partnerships with your clients and top investors, there are a few key steps you must take. One essential strategy is corporate gifting. This simple act goes beyond building a partnership. It will also increase your customer retention rate and promote your business even beyond the shore of your country. 

But before you consider gifting any item, there are some strategies to put in place. This will ensure your gift makes a lasting impression and resonates well with your clients. Below are powerful corporate gifting strategies to build and strengthen business partnerships with your clients and top investors. 

Choose a Personalized Item 

Rather than choosing an ordinary gift for your clients and investors, opt for a personalized item. Customised corporate gifts such as T-shirts, coffee mugs, and bags create a stronger emotional connection than generic gifts. They also leave a more lasting impression than most other gift types.

Imagine how investors and your clients will feel when you beautifully inscribe their image or favorite quotes on a T-shirt. Of course, they will feel valued, appreciated, and ready to invest more in your business.

Consider Their Culture and Background 

As an entrepreneur, it’s essential to be culturally competent and sensitive. Your gifts should resonate with your clients’ and investors’ cultural backgrounds. Otherwise, they may be quickly discarded or overlooked. If your investors and audience are predominantly of Black heritage, consider giving them a custom T-shirt featuring a map of Africa or inspirational quotes from iconic Black leaders. 

Their religious beliefs are also important. Specific religions may find some images or symbols inappropriate. For instance, if you’re giving a gift to a Muslim investor, avoid designs that include images like pigs, as they are considered offensive in Islamic culture.

Consider a Functional Gift 

You should also consider the gift’s functionality. A gift that can be used every day will be more valuable than an impractical one. Even if the gift is expensive but doesn’t have any functional purpose, it won’t serve the purpose it was intended for. 

Instead of purely sentimental keepsakes or abstract gifts, consider practical items like pens, notebooks, backpacks, coffee mugs, umbrellas, or water bottles. Just make sure the gift is well-designed and features your brand logo and identity. This not only increases brand visibility but also helps strengthen the connection between you and your investors.

Tie it to a story

Tie your gifts to a story to make them more memorable and emotionally meaningful. For example, if during your business’s early days, your employees always worked tirelessly day and night, you could opt for a custom hourglass. Clients and investors who receive such a gift will appreciate your business’s journey of patience and perseverance.

Offer Quality Gifts

Gifts given to investors or clients who have significantly contributed to your business growth should reflect their value. They shouldn’t be cheap or low-grade items. The gift doesn’t have to be trendy or widely popular, but it should come from a reputable and high-end brand. This will give your gift more credibility. Besides, the recipients will feel comfortable to use the gift among their colleagues.  

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