Did you know that as of 2020, there are over 20 million corporations in the U.S? And despite the COVID-19 pandemic, companies have continued to plan corporate events. But, of course, those in charge had to learn how to plan a virtual event in some cases as the pandemic raged on.
Are you planning a corporate event but are unsure what to do? If so, in today’s post, we’ll help you plan a physical or virtual business event by guiding you every step of the way, so be sure to read until the end!
Contents
Decide Which Type of Event You’ll Host
Before planning an event, you’ll need to think about what type of corporate event you’ll be hosting, as each type plays a different role in the corporate world. So let’s take a moment to discuss some of them.
Micro Events
Companies usually plan a micro event for 100 people or less, which is why it’s also called a “Private Event.” This type of event is perfect if you want a more meet-and-greet style meeting or intimate training sessions. Of course, the sky is the limit when thinking of corporate event ideas, but always keep in mind to keep it simple.
Large Events
If more than 1,000 representatives are attending your event, you’ll need to start planning a large-scale event. These events are perfect for award ceremonies, partner programs, or international company dinners.
Virtual Events
Due to the pandemic and governmental restrictions, many companies have switched their event planning towards the virtual world. But, keep in mind that if you want to host the best virtual event, you’ll need some extra help. So, be sure to visit this website for more information.
Set a Budget
As you can imagine, a budget will help you set limits when planning a corporate event. Here are some of the expenses you should include in your budget:
- Venue
- Catering
- Staffing
- Hotels
- Transportation
But, of course, how much you spend on each category depends on the type of event you’ll be hosting. And if you host a virtual event, you can go all out and have food delivered straight to the delegate’s homes!
Think of the Objective
The final step in planning an event is thinking about the event’s overall objective. For example, some companies plan events that will inform their employees of new business strategies that the company will implement in the following months. Alternatively, your objective may be to encourage and reward your employees for a successful year.
Once you establish a clear objective, you can start to fill in the details of what you’ll do during the event.
Planning a Corporate Event Is Easier Than Ever
As you can see, planning a corporate event is a lot easier than most think. Of course, it takes time and dedication to host a successful event, so be sure not to rush through the planning phase. So, don’t wait any longer, and start planning an amazing event today!
Would you like to read other business-related topics? If so, we invite you to take a look at our other posts as we’re sure you’ll enjoy reading them as well.