This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

How to Handle Holiday Parties at a Small Business

NEW YORK (TheStreet) -- Whether your company had a good year or a bad one, the holiday season is here, and your employees are probably looking forward to a little mistletoe and end-of-year joy. Unfortunately, if your budget is tight, a big holiday celebration is out of the question -- but that doesn't mean you have to act like Mr. Scrooge. Take a look at some expert suggestions for celebrating the holidays in style without breaking the bank.

1. Use the space you're given -- think atriums, foyers, etc.

If your office has a foyer or an atrium, it might just be the perfect spot for your celebration, says Morag Barrett, CEO of SkyeTeam, an international HR and leadership development firm.

"I once went to a party in a large office building with a stunning foyer and atrium. The staff came down from their offices and met there, bringing festive decorations, helium balloons and music," Barrett says. "The company provided appetizers and refreshments."

In an atrium, a festive atmosphere is created very quickly and without the need to go offsite to a restaurant or hotel conference room, Barrett explains.

One of the best ways to make the office "feel special" is to bring in festive tables and decor for the party, says Jennifer Friedman, chief marketing officer of small business solutions at CT Corp. and its subsidiary BizFilings.

"Make the office feel special by bringing in high-top tables and linens, encouraging everyone to mingle while eating instead of retreating back to their cubes," Friedman says.

2. It doesn't have to be at night -- lunch or brunch will work just fine.

"Lunch is certainly an option instead of a lengthy -- and likely more expensive -- dinner," Barrett says.

A holiday brunch allows for everyone to come in after rush-hour traffic, with festivities wrapping up by early afternoon -- at which point people can go home early, she says.

"It's a win-win for everyone. You get a lower-cost holiday party, plenty of festive spirit and an afternoon away from work to spend with family or finish your holiday shopping," she says.

Also, lunches typically encourage greater employee participation, says Robert Hosking, executive director at staffing firm OfficeTeam.

"It may be easier for some employees to make it out to lunch, versus an after-work affair where people might already have lots of holiday obligations," Hosking says, adding that breakfasts can also be a fun way to start the day.

No matter whether you opt for lunch, brunch or dinner, Friedman says that the food will always be less expensive than heavier dinner items, and the alcohol "won't be missed, particularly if your staff plans to return to work afterward."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs