How to Throw a Grand Opening Party for Your Business
A grand opening party is a great way to get the word out about your new business.
Up next in How to Start a Business (39 videos)
Do you have what it takes to be an entrepreneur? These videos can help you get your business off the ground.
You Will Need
- A budget
- A timeline
- Staff
- Food
- Drinks
- Creativity
- A guest list
Steps
-
Step 1
Budget
Make a budget for the party, and spend wisely. A grand opening party is important, but you don't want it to precede a "going bankrupt" party.
-
Step 2
Plan ahead
Plan the party a year ahead, and organize a timeline that includes when to start sending invitations. Schedule a staff for the party as far in advance as possible.
-
Begin operation of the business before the grand opening to get the employees in the swing of working at the business.
-
Step 3
Provide food and drinks
Provide food and drinks. Look into getting other businesses to co-sponsor the party and provide food or entertainment.
-
Step 4
Get creative
Get creative with the space and the party -- offer games, contests, and a celebrity appearance. Give people a reason to attend, but make sure the party is compatible with your business.
-
Step 5
Send invitations
Invite your target audience, which includes the suppliers your business will use, potential customers, and the media.
-
According to the U.S. Department of Commerce, 627,200 new businesses opened in 2008.
