Those who want to get ahead in business will already know the benefits of corporate hospitality. This is an expense that many companies are uneasy about because they simply do not understand the potential return on investment.
The annual National Television Awards are due to be held at the O2 Arena on Wednesday 20th January 2016, and it promises to be as exciting as ever. Hosted by nation’s favourite Dermot O’Leary, the event will be attended by hundreds of stars – and you could be there too. As well as the awards, which are decided by the voting public, there will be special performances on the night by some of the biggest names in the world of entertainment.
When it comes to team building or forming new relationships with potential clients, corporate hospitality has a significant role to play. Here at DTB, we understand the importance of hospitality in terms of business growth and customer satisfaction, which is why we can provide access to some of the top sporting and entertainment events throughout the year.
Rugby fever continues to grip the nation after the World Cup that took place in September/October 2015. The sport has gained many new fans as a result of the competition, and now the 2016 Six Nations tournament cannot come quickly enough for many. Thankfully, there is not too long to wait now, with the competition kicking off on Saturday 6th February 2016.
Corporate hospitality has its fans and its critics. Many believe it is a waste of money while others are reaping the rewards of an attitude that you have to spend money to make money. There is no doubt in our mind that corporate hospitality works; we have seen it countless times with our own clients. With years of experience in this business, we can tell you first-hand that it can work wonders in terms of securing new business and contacts.
Corporate hospitality is an important part of any business that wants to grow. Although it may seem a wasted expense to many, it can pay dividends if handled correctly. However, one of the most pressing concerns for business owners is how much they should allocate to their hospitality budget. Spending too little can be a waste of money but spending too much can be just as wasteful. So how do you determine what is an appropriate amount to set aside for entertaining clients?