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How to organize a holiday work party on a small budget 

Budgets are tight and everyone is stressed. So what better way to reward employees after a year of hard work than a party? Even if your business traditionally has extravagant holiday parties, most employees will understand the need to cut back this year. And with a little creativity everyone can have fun for a lot less.

The guest list

This is probably the easiest to manage on a small budget. Simply limit the guests to just employees. If your budget allows employees to bring a guest, limit them to just one but don't limit them to only spouses. Single employees or those in a relationship will feel alienated.

The time

Probably the best time to have a holiday party is during the work day. Not only is having the party on work time a treat but a party in the middle of the day will save you money. Not only is a luncheon cheaper than a dinner, but you'll save on drinks, too! If you choose to have the party after work, limit the drink selection to wine and beer for a smaller bar tab.

The venue

Selecting the right venue will also help you cut back on unnecessary spending. Instead of a banquet hall consider the party room at a local restaurant. If you need to spend less than that, consider transforming a large conference room in your building into a party room with music, strands of lights, holly, and poinsettias. Just make sure the party space is away from workstations.

The food

If you choose a restaurant, decide on the menu ahead of time. For large groups, it's better if the menu is limited to inexpensive items like pasta and chicken. If you choose to stay in the office, have the main course catered in and encourage employees to bring appetizers or desserts. Or in both cases, cut out the main course altogether and only serve hors d'oeuvres. Don't forget to provide vegetarian options!

The entertainment

Entertainment can be simple and in most cases, FREE! Get a feel for what people would be interested in doing. As long as everyone can participate it can be as easy or as complex as you want from playing holiday music to a Wii bowling tournament.

What will your company holiday party be like this year?