In the current climate everybody has to watch budgets, prove the return on investment but at the same time motivate their team and boost morale. There are ways of producing quality team building but cutting down on the actual cost of the event. Below are five easy ways to start reducing costs.

1. Cut down on venue cost: Host your event at your offices, you don’t have to stay inside but you could start and finish at your own premises.

2. Speak to your local bar or restaurant, they may give you free room hire based on a minimum food or drink spend.

3. Take advantage of our special offers in April or May and reduce the cost of your team building investment.

4. Ensure that you have total commitment from your team, if they are not going to be able to make it then make sure they notify you – this means you won’t be paying for people not attending.

5. Arrange for your team building to be hosted in the evening, this means it won’t cut into valuable business time.

If you are looking to arrange a team building event and would like some advice on cost effectiveness then please give our team a call today.

Toyota, the world’s biggest car maker, recently held a team building conference in its Japanese Nagoya headquarters. The event involved around 2000 workers who have been feeling a great deal of pressure since the mass recalls of some of its major car models.

It was felt that the mass recall should be marked by a team building conference, as the morale might be adversely affected by the defective vehicles. As one of the most successful Japanese, and indeed global companies, Toyota have always been known for their boundary pushing approach to doing business – and when such a global brand organises such a huge conference, it is easy to see how high a regard international business has for team building.

At Accolade Corporate Events we also understand the importance of having a strong team – in the good times and the more challenging times – which is why we work so hard to bring your business some of the most innovative team building events you’re likely to find anywhere. If you want to build your team, look no further than Accolade Corporate Events.