Business Info Help

November 19, 2008

Cutting Back? Don’t Toss the Holiday Party Just Yet

Filed under: Advice — The CEO @ 3:28 pm


With the economy headed in a downward spiral, the first thing many business owners cut in order to preserve cash flow is holiday parties.  But companies can throw festive get-togethers to reward employees without breaking the bank.  The following tips (provided by a variety of party planners, Salt Lake catering specialists, and business owners) can help you do just that.

 

  • Consider a catered luncheon or after-work party held at the office – a much less expensive alternative to restaurants or banquet halls.
  • Instead of a pricy dinner for all employees and their significant other, try menus that are a little out of the ordinary.  For example, serve fun finger foods such as chicken wings and finger sandwiches or a dessert buffet with brownies and cookies or an ice cream bar.
  • Invite employees to your home for a relaxed holiday party, where they can socialize comfortably and get to know each other.
  • If you decide to hold the party at a restaurant or banquet hall, consider doing it during the week – it will be much more affordable!
  • Consider cutting the booze – if you dare.  You can significantly reduce your overall bill, not to mention some of the inappropriate, awkward, and questionable behavior that can ensue with drinking at a holiday party.
  • Buffets tend to be less expensive than sit-down dinners that are served.

Consumer Product Reviews: Crucial Feedback for your Business

Filed under: Information, Advice — The CEO @ 12:27 pm


One of the most beneficial things you can do for your business is to review relevant consumer product reviews.  What are your customers saying about your products?  The feedback you collect will enable you to improve and enhance your products and offerings in order to grow your bottom line.  In fact, what customers have to say about your business and product can directly influence the success and growth of your company.  Need proof?

 

  • Approximately 77% of online shoppers use consumer reviews when making a purchase.
  • 83% of shoppers say they trust the reviews of other shoppers more than that of an expert or critic.
  • 84% of consumers claim consumer product reviews has some influence on their purchasing decision.

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