Monday, August 22, 2011

Best Alternatives to Straight Salary

We are in the middle of possibly the worst recession in American history. People are getting laid off right and left and there doesn't seem to be any end in sight. If you are one of the lucky ones to still have a job, or have just received a new job, you may feel a little apprehensive about negotiating a higher salary; even if you deserve one!

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Since the economy is in such bad shape, why not try this technique to increase your compensation levels without increasing your straight salary, or I should say, without increasing the "cash" part of your salary. What the heck am I talking about? I'm talking about alternatives to straight salary, or non-cash compensation.

ALTERNATIVES

You may suggest to your new employer that they lower or give you the minimum range in cash compensation, but make up for it by increasing the non-cash compensation part which may be easier for your employer to do within the current state of the economy. It also shows that you are a team player, and willing to help out the team in any way!

So what are these non-cash compensation things that I keep talking about? Well they include stock options, employee benefits, perks such as company cars and limousines, club memberships, and things like that; as well as low interest rate loans and free financial planning advice. Basically, we're talking about anything that is not cash.

Maybe the best non-cash compensation is stock options. Options make a lot of people nervous because on any given day the stock market can go up or down. If the stock market goes down, your options aren't worth as much. And also, stock prices don't always reflect the companies true earnings or true worth.

Regardless of these objections, stock options continue to be a fantastic non-cash compensation, especially in a down economy because they don't cost the company anything out of pocket.

Options usually come in three variations. These include; incentive stock options, non-qualified stock options, and various forms of hypothetical stock usually called stock appreciation rights or sometimes called phantom stock plans.

Incentive options and non-qualified options are actual stock while hypothetical stock or phantom stock may not involve actual stocks. Regardless, in all three cases you would need an increase over the initial stock price at the time the option was issued before you can exercise the option and actually benefit from it.

Stock options will require tax planning on your part. Be sure to negotiate free tax planning advice from your employer. Let me make that clear; I don't mean getting advice from the employer I mean that your employer will pay an accountant or legal professional who is licensed to give advice in this area for you.

Stock options in my mind are the best non-cash compensation. I did mention earlier in the article employee benefits as a feasible non-cash option. Perks and employee benefits would be included in this sort of thing. I'm not going to go into those in greater detail because they aren't as valuable or as fungible; that is, not as easily converted into cash as stock options are and therefore may not be quite as acceptable to you in lieu of cash salary.

However you end up splitting up the non-cash compensation, keep in mind that the economy may turn around in the future at which point you may be able to negotiate a decrease in non-cash compensation and an increase in cash compensation. Be sure to discuss this before hand, that is to say, before you agree to take any non-cash compensation offers that your company may provide.

Best Alternatives to Straight Salary

Jason has been writing articles online for over thirteen years. When not writing about finance, Jason runs a very helpful silverware chests web site where he reviews and finds deals on gorham silverware for any type of home dining need.

ALTERNATIVES

Ideas and Tips For Choosing Retirement Party Invitations

When planning a special gathering for a new retiree, retirement party invitations serve as the calling card for the event. Choosing the right kind of retirement party invitations can make all the difference in how your party is perceived and how the atmosphere of the party develops. You can make your own invitations, purchase generic invites, or commission an artist or designer to custom create beautiful and one-of-a-kind retirement party invitations.

evite

As you begin to plan a retirement party for that special someone, consider the personality of the guest of honor to help you choose appropriate retirement party invitations. You would not want to plan an "Over the Hill" themed party for anyone who is self-conscious about their age. If your retiree is full of spontaneity and totally the life of the party, you would not want to plan a dull and drab, stuffy retirement gathering. And in all honesty, your retirement party invitations should reflect the mood of the party you are hoping to create.

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Tips for Choosing Retirement Party Invitations

Consider these tips to help you select the perfect retirement party invites for your guest of honor's special sendoff.

• Choose a color scheme to carry over from the invitations to the party's decorations.

• Select an invitation with a little bit of personality and flair. You don't want something too generic.

• Think about printable invitations if you are looking to save time and make the process more efficient.

• Consider invitations with reply cards if your event will be fairly upscale.

• Consider doing an Evite as well to help you manage your guest list.

Tips for Creating Custom Retirement Party Invitations

If you would like to present your potential party guests with a really snazzy retirement invitation, consider getting your cards custom designed. Here are some tips to help with the process:

• Start planning as early as possible. Give your designer sufficient time so that you can see a sample of the invitation before the event gets too close.

• Personalize the retirement invites with something that ties into the person who's retiring - a favorite color, a photo, or a logo or icon of one of their favorite things.

• If you would like to create your own custom retirement invites, try to decide whether you will be printing the invitations or hand-writing them.

• For very upscale retirement events, think along the same lines of wedding invitations. The possibilities really are as endless as your imagination.

No matter what you decide, remember that the invitation is the first impression each potential guest will make in regards to your event. If you want to portray a casual atmosphere, or even a very elegant one, your retirement party invitations can help you get the message across. Decide how you would like the event to kick off and design or select appropriate invitations to match the mood.

Ideas and Tips For Choosing Retirement Party Invitations

About the Author: Kathryn M. D'Imperio is a freelance writer and owner of Retirement Planning Dreams, a site about planning the best retirement you possibly can. Retirement Planning Dreams features articles on 401(k)s, IRAs, retirement parties, retirement questions, and more. She is also the owner of Life Love Beauty, a Web site offering tips on hairstyles, makeup, fashion, weddings, relationships, travel, party tips, product reviews, and more.

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Throw a Howling Halloween Bash Without Crying Over the Expenses

Here are some cost cutting ways you can throw a fabulous and fun Halloween party without crying when your credit card bill comes in the mail.

evite.com

1. Evite ghosts, ghouls and goblins. While physical invitations can be darling, they can also be expensive. It's not just the expense of the invitation itself either. You also have to consider postage, which seems to increase at the blink of an eye. There are plenty of online websites that offer free invitations that you can send online. These evites are just as adorable as paper invitations, but you're also saving money on invitations-and the environment at the same time.

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2. Pick a theme. Believe it or not choosing a theme for your party can help you to save money. A specific theme helps you to focus your efforts and spending on items that relate to your theme. A theme can be as complex as modeling your party after the HBO series True Blood or as simple as choosing a color theme of purple and black.

3. Use what you have. You can use common household items or craft supplies you already have and turn them into decorations for your Halloween party.

* Use black construction paper and downloadable free templates from the Internet to create bats, ghosts or other Halloween symbols you can hang from the ceiling or porch or hang on the walls.

* Turn your candy and clear jars into apothecary jars. Use brown food coloring to turn water brown and then fill with plastic rats and items that resemble things you'd find in mad scientist lab. For example, a cabbage can be used to look like a brain or a softened red pepper can be made to look like a heart.

* Candelabras adorned with spider webs make great centerpieces. You can also add melting candles or burning candles to help set the scene.

4. Limit food choices. A great party spread doesn't mean that you have to serve a dozen different foods. One or two drink options and 3-4 food options is usually more than enough to please guests. Typically, you'll have plenty of food and probably still have leftovers without going crazy trying to create the perfect menu.

5. Keep it simple. You don't have to turn your entire home into a haunted house when decorating one room is sufficient. Guests will appreciate your efforts and have as much fun at a simple Halloween party as they will at one that costs you thousands of dollars to create. The point is to have fun and mix and mingle with your friends, not to deplete your bank account.

Halloween can be a fun time of the year to throw a party. You can throw a great event without having to spend a lot of money. Keep it simple, use items you have and only buy what you need. You and your guests will have fun and you won't have to recreate the scream from a horror film when your credit card bill comes due.

Throw a Howling Halloween Bash Without Crying Over the Expenses

Kristie Lorette is a freelance copywriter and marketing consultant specializing in helping small businesses and entrepreneurs. Visit http://www.studiokwriting.com to learn more about Kristie and see samples of her work. Kristie also produces The Inky Dot, a weekly e-newsletters that includes writing and marketing tips for businesses. Subscribe to The Inky Dot at http://www.studiokwriting.com

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Chinese New Year - A Great Idea For A Dinner Party

What a great theme for a party with not a lot of expense. Don't be deterred by the fact that Chinese New Year is not always on a weekend. I know it is hard to believe but people actually socialize Sunday through Thursday nights too. A party doesn't have to be on a weekend. Just keep it light and inviting.

evite.com

What do you need?
Friends, Food & Drink, Chinese Dishes & Chopsticks, Laterns or Luminaries, Party Favors

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How to execute? (Remember our basic entertaining rule - always plan and have a list):

Guests:
Make your guest list. We recommend that you keep the gathering small. 10 close friends who aren't intimidated by a Wed night social event work well. However, when you have a small gathering it is important that every person attend so it doesn't look like you have no shows. Make sure you get rsvps. If your friends are reliable email users, use http://www.evite.com and select the Chinese New Year themed invitation. If not, send out paper invitations 3 weeks in advance and follow up with a phone call.

Food:
Find a local dim sum restaurant. Do not attempt this cooking yourself. If there isn't one, use your local Chinese restaurant and order appetizers. Call ahead and ask them to fax you a menu or drop by and get one. While you are chatting, find out how far in advance they need the order and inquire about pickup vs delivery. Allow extra time if you are having it delivered.

Small Group (10-12 people): Choose 4-5 items and make sure you order enough pieces for each guest.
Large Group: Choose 6-8 items and order ½ the number of pieces as you have guests.

Order one or two sweet pastries using the same rule for number of pieces.

Beverage:
If you are concerned about it being a "school night" even though we told you to get over that, serve Chinese tea. If not, serve Chinese beer or select one Asian influenced mixed drink. This is not the occasion to stock the full bar.

Supplies and Decorations:
Take a trip to Chinatown and pick up chopsticks, dishes, cups, lanterns or luminaries and little party gifts for your guests. Don't want to go to Chinatown, shop from the comfort of your computer (or call us of course). Pearl River Mart in NYC has everything you will need and you can shop via internet if you aren't in NYC. HOWEVER, make a list first. It is easy to get carried away and buy things you don't need.

Lanterns range in price from each up to . Make sure you have a place to hang them without starting a construction project. An alternative is a string of lights that have paper lantern globes on them. Luminaries are also great. Whatever you decide, you want candle or mood lighting for your party. Be creative but use Asian influences.

Chopsticks: Again, don't get carried away. If you are not a regular chopstick user then don't buy /pair sticks. You can get them in packs of 10 for .50 and they come in all different colors and shapes.

Tableware: If you are picking up the dim sum or appetizers right before the party, then you can serve them on platters/dishes or if the restaurant provided nice containers serve from the containers with chopsticks although we don't recommend this method. If you are purchasing earlier in the day, you might want to invest in one or two tiered bamboo steamers. They run about each. Otherwise, get some nice Chinese/Asian serving plates (square or oval).

Then you need dishes for your guests. This is very basic. Plates, tea cups if serving tea and dishes for sauces. Pearl River Mart has several different designs that come in melamine (approx /person for a whole set), which looks nice, doesn't break and is dishwasher safe. It is less expensive than buying china or ceramic. However, if you eat a lot of Chinese food in a structured setting (take out on Sat night does not count) then you might want to invest in the real thing.

Favors for your Guests:
This is Chinese New Year and not a regular dinner party so party favors are appropriate. Again, check out your local Asian stores for inexpensive trinkets. Again, it is CNY so ticky tacky gifts are OK. This is fun, not a gift to the visiting Ambassador from China. Put them in Asian style mini-gift bags or take away containers. Pearl River Mart has a whole section of CNY paraphernalia. I found a ton of Asian themed items for each at Target a few months ago. You just never know where your party favors will be. Keep your eyes open.

The budget (112-195 if starting from scratch):

Decorations: -30

Tableware: -50

Beverage: -20

Food: -75

Gifts:

If you don't want to spend that much on a party, here are some ways to cut the budget:
Find a paper store that sells square small plates in paper. Select a pattern that is plain red or black or select something in an Asian style. Use Christmas lights instead of buying lanterns and luminaries Make Origami paper gifts Non-alcoholic beverages are always cheaper than alcohol
And now it is time to celebrate!
(This article is not intended to be a how to for an actual Chinese New Year celebration. It is just a fun party idea for those who are bored with the traditional sit down dinner or cocktail party.)

Chinese New Year - A Great Idea For A Dinner Party

Indra A Books, author of this and many other lifestyle articles is the owner and founder of ON THE GO 4 U, Personal Shoppers & Concierge Service in the Washington DC metropolitan area. The company’s creed is to provide its clients with the ultimate life management experience. In addition to its shopping and concierge services, ON THE GO 4 U also publishes a monthly e-zine and conducts workshops on wardrobe, entertaining and decorating. For more information about the author and ON THE Go 4 U, please visit [http://www.onthego4u.net]

© 2004 Indra A Books, ON THE GO 4 U.

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Sunday, August 21, 2011

Stress-Free Entertaining - An Eight Step Recipe For Success

Like many of you, the commotion in my life this time of year tends to revolve around entertaining. As our big Halloween blow-out approaches and the growth of the guest list shows no signs of slowing, I'm struggling to keep my cool. We threw our first huge party in this house around this time last year, and while it turned out fabulously, the effects of the preceding preparation marathon left me winded for weeks afterward. Since then, I've learned to do things a little... OK, a LOT differently. I also know that I'm not alone in working a full time job, with a family, and lots of other outside obligations, so it's not like you have the luxury of sitting at home and planning your next soiree to perfection! None-the-less, you wish you could entertain more, but the idea of all the preparation is daunting. Good news - it's totally doable. These lessons can be just as well applied to having one couple over for dinner, like we did a couple days ago, or to an extravaganza, like the one we're anticipating. I've acquired them in the trenches of experience, so I assure you, if you just follow the steps, everything will go much more smoothly than you anticipate!

evite.com

Step 1. Decide on a theme (which can be literal if you wish) or a mood. This is where it all begins. If you're just having someone over for dinner, is it casual, formal, or somewhere in between? For a party, there's a bit more to this. What's the occasion? How do you want it to feel? Will it be sit down, buffet, or cocktail style? Close friends, family, acquaintances, or business associates? All of these factors will affect the tone of the evening.

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Step 2. Send out your invitations. Your invitations should reflect your theme. (If this is a casual evening with a friend, a quick phone call or email would qualify as step 2... although I have sent invitations in the past, just for fun!) They should tell your guests the date and time, the location, appropriate attire, whether they should bring anything (or NOT bring anything), whether they are allowed to bring a guest of their own, etc. Don't leave anything to chance. Pretend YOU are being invited - would you have any questions if you were reading the invitation for the first time? Your invitations should also reflect the formality of the evening. Professional invitations are appropriate for formal events, while store-bought are fine for family or close friends. Evite.com is a wonderful service that is available for free. You can customize your invitation with whatever theme you wish, import your guest list straight from your email address book, and send all the invites out with the push of a button! You also want to make sure that you are sending your invitations in a timely enough manner for your guests' comfort. Generally, two weeks in advance is appropriate, but for something like a costume party, for example, I give my guests four weeks to allow them enough time to find their costumes. Further if you are having any sort of a holiday gathering where people are likely to be invited to multiple functions on the same date, it is perfectly acceptable to send out "save the date" notices, which effectively give them the heads up that you will be having an event, and gets you first dibs on their time.

Step 3. Plan the menu. Is this a sit down dinner? At the very least, you will want an appetizer (could be a salad), a main dish, a side dish, and a dessert. For a buffet, you could have the guests bring a dish for a pot-luck style meal, have it catered, or just have two or three main dishes and a couple side items to choose from. For a cocktail party, finger foods that can be easily eaten while standing and conversing are the way to go. Finger foods are basically small appetizers. You can make several batches of a few different items, or a single batch of many items. Keep your theme in mind when planning your menu - spaghetti is great for italian night with the in-laws, not so much for the boss and his wife!

Step 4. Purchase and/or cook IN ADVANCE. If you are doing the cooking yourself, this step is a life saver! Once you have your menu decided, make a list of all of the ingredients necessary for all of the recipes. Start buying them a bit at a time, breaking the list down over several weeks, depending on the size of your gathering. (Clearly, you'll be buying the perishable items last.) This not only spreads out the time in the grocery store, but also the expense. Anyone who's ever thrown a decent size party knows that food is notorious for being the budget buster! Next, start cooking ahead of time anything that can be frozen. If you have a large extra freezer, great! Personally, I'm not so fortunate in that department, so I have to plan a little more carefully. Leading up to the party, I try to eat whatever is in the freezer, and also not to buy too many frozen items in my routine grocery shopping, so that real estate will be available to me! Now all you have to do is pull things out to thaw the day of the party, and voila! A small note: keep your party food either separated from your regular food, or clearly labeled, so that it doesn't accidentally get eaten before the party!!

Step 5. If your lifestyle permits, set up ahead of time. Rearrange the furniture, put out the serving tables, put up the decorations, wash the serving dishes, set out the candles and candle holders, rent tables and chair if you'll need them (or bring them down from the attic, or whatever), and basically pull out anything you'll need. For most families, this could be done at least a couple days ahead. If you have pets, just don't put out the dishes and the linens until the day of the event. Before the guests arrive, all you'll need to do is dim the lights, turn on the music, and light the candles!

Step 6. The week of the party, start cleaning a little bit at a time. Most people over-do this... I know I do. Especially for large parties, things just need to be "visually clean." Focus on the bathrooms, because that's the only place people will be alone, with time to really focus on anything, in a brightly lit space. Your dusting only needs to be "good enough." By that I mean, you do not have to get the BACK of the refrigerator, the tops of the artwork, behind the books in the bookcase. DO knock down any dangling cobwebs, and dust any table surfaces. A quick vacuum or sweep is more than sufficient. If you just do 30 minutes a day for four or five days, you will be in stellar shape.

Step 7. The day before the party, pull anything that needs to thaw out of the freezer, and rearrange the furniture if you haven't already.

Step 8. The day of the party, you'll need to do any last minute cooking. I strongly urge you to get up early so that you don't feel pressed for time. Prep your bar area, or pre-mix your drinks. Pick up bags of ice. Give yourself plenty of time to get showered, dressed, and ready. Have a stiff drink. When the doorbell starts ringing, just let it roll. No one but you will know if everything isn't exactly perfect! Here's the most important thing to remember: Don't let yourself become paralyzed by your apprehension. These people are here to spend time with you, and to enjoy the social interaction. So relax! Spending quality time with friends has been shown repeatedly to lower stress, lower blood pressure, and increase life-span. The more you do it, the easier it gets, so go call some people!

Stress-Free Entertaining - An Eight Step Recipe For Success

Kristy Nichols a.k.a The Average Goddess

Learn how YOU can become an average goddess with my free ebook at [http://www.averagegoddess-freebook.com]

Get information like this and SO much more in the filler-free weekly newsletter, Secrets of the Sisterhood of Average Goddesses at [http://www.averagegoddess-freebook.com/newslettersignup.htm]

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Alternatives to Medicine

Let's face it, Doctors are very quick to prescribe medication. But sometimes, the side effects of the medication are worse than the actual illness. Do we want to spend our lives depending on some pill to make us better? No! We can do things to make us better.

alternatives to wedding guest books

There are many types of alternative medicines. They include massage therapy, acupuncture, new age healing, special diets, music therapy, aromatherapy, herbal medicine and much more. Alternative medicine can help migraines, chronic pain, back pain and more! It has also been used by a lot of terminally ill patients, a lot of AIDS or cancer victims prefer it.

ALTERNATIVES

There are many different kinds of alternative medicine, you just have to find out which one is right for you. There is so much information on the internet about alternatives to medicine for so many different kinds of disease. What is the hurt in trying?

I am actually using acupuncture for my migraines, and I've seen such a difference. The thought of acupuncture is way worse than it actually is! Most of the time, I don't even feel the needle going into my head. All I feel is deep relaxation and the pain escaping my body. You don't know until you try. I think too many people give up on chronic pain, there maybe something you can do to get your life back.

Try! That's the best advice. And if something doesn't work, try something else. Isn't living worth it? You owe it to yourself. Research and talk to your Doctor, and hopefully you will find the right treatment for you.

Alternatives to Medicine

[http://www.accountingadvise101.com/alternative]

ALTERNATIVES

Running a Home Poker Tournament

So you have watched poker on TV, maybe even played on the internet. Now you and a group of friends want to have your own tournament. Before the cards hit the table, there are several things you can do to insure everybody has a good time and your tournament runs smoothly.

evite.com

The first thing you should do before planning a home poker tournament is to check the laws in your area. Each state and in some places, even the county you live in have laws regarding gambling. In most cases the laws restrict anyone from making a profit from the tournament. This means you can't charge an extra fee for entering the tournament. Any money collected for entering the tournament should be added to the prize pool and distributed to the winners. Your local laws may differ.

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Questions to ask yourself before sending out the invitations:

What game are you going to play?

While there are a great number of different poker games, the most popular version these days is No-Limit Texas Hold 'em. This is what everybody watches on TV and will likely be familiar to everybody you invite.

How much are we playing for?

A home poker tournament should be more about having a group of friends over and having a good time rather than about winning a large sum of money. Consider the tournament a night of entertainment for your guests. Dinner and a movie will run between - dollars. This is a good place to start and is likely in everybody's comfort zone.

Will you allow re-buys?

Playing No-Limit Texas Hold 'em means that it's possible for players to lose all their chips very quickly. Allowing players to purchase more chips if they lose them all during a specific amount of time is one way to make sure that everybody gets a chance to play for an ample amount of time prior to being relegated to watching the tournament from the sidelines. The other benefit to re-buys is the additional money in the prize pool for the winners. Set the number of rounds for which you will allow re-buys.

Will you allow add-ons?

While a re-buy lets someone buy more chips once they have lost all theirs, an add-on is a way to let all players, regardless of the amount of chips they have, to purchase more chips. There is usually a specific time for making the add-on purchase and once that time has passed, no additional chips can be purchased. At this point, if you lose all your chips, you are out of the tournament for good. It's typical for re-buys and add-ons to be available for the first hour of play.

How many chips do you get?

The physical number of chips is going to depend on how many chips you own or can borrow. The chip values, in reality don't matter either since everybody is going to be starting with the same total value in chips. However, to make it easiest on yourself and your players, I suggest keeping to a pretty simple formula. Start each player with 00 in chips. The configuration that I start each player with looks like this:

(10) chips

(10) chips

(7) 0 chips

(2) 0 chips

In order to make this as easy as possible, make the cost of the initial buy-in, re-buys and add-ons the same cash value and worth the same number of tournament chips.

As a side note, to cut down on the amount of physical chips you will need, for all re-buys and add-ons, either give the player (4) 0 chips or (2) 00 chips.

What are the blinds?

Here is an example of a relatively simple blind structure:

level 1 - 5/10

level 2 - 10/20

level 3 - 25/50

level 4 - 50/100

level 5 - 100/200

level 7 - 200/400

level 8 - 400/800

level 9 - 800/1600

level 10 - 1600/3200

Each blind level should last 15 to 20 minutes. If the structure above seems to get too high, too fast, you can easily add in the following levels: 75/150, 150/300, 300/600, 500/1000 or as many additional levels as you choose. Just remember, the more levels you add, the longer the game is likely to last.

How many winners will there be?

The number of players who will win part of the prize pool largely depends on how many start the tournament. If there are going to be 10 players or less, I usually do a 60%/40% split of the prize pool for the final 2 players. Between 11 and 30 players, split the prize pool 50%/30%/20%. If your tournament is going to be larger than 30 players, for each 10 additional players, add another payout spot. Take a few percentage points off each of the higher payouts as needed.

Will you be providing refreshments?

Just because you are hosting the tournament, doesn't mean it's your job to feed the group. There is nothing wrong with letting your guests know ahead of time that you will provide chips and sodas and that they are welcome to bring food items or beverages of their choosing. Or, ask everybody to pitch in or for food and then plan to order pizza and stock your fridge with sodas and beer.

Now it's time to send out your invitations. I suggest using a service like evite.com. It's an easy way to keep track of who's coming and who isn't. This will help you in your preparations the day of the tournament. Send out your invites as early as possible giving your guests the best chance to schedule the night out.

What you are going to need on the day of the tournament

By this time you should have a pretty good idea of how many players to expect. Now it's time to get set up.

Tables: It's important to consider how many players you can fit around each table. Figure that each table needs to hold an equal amount of players. You will want each table to hold no less than 6 players. Also, plan on covering the tables with either a table-cloth, or if you can purchase a fold-out poker table-top or a poker felt. During the course of the night you will not want to have poker chips, drinks and whatever else sliding across your uncovered table surface.

Chairs: Obviously you want to keep your players as comfortable as possible. Most houses don't have 20 chairs sitting around, so you may need to buy, borrow or rent enough chairs to handle your tournament size. Folding chairs will run you - each depending on if they have padded seats or not. If you plan on running your home poker tournament on a regular basis, purchasing the chairs may be your best option in the long run.

Poker Chips: Your options for poker chips these days are tremendous. There are literally thousands of sets available on ebay.com and hundreds of online poker supply stores. If you plan on using the poker chips on a regular basis, I strongly suggest you purchase a large enough set to handle at least 50% more players than you are expecting to show up. And, purchase a decent quality chip set. This doesn't mean you have to go broke, but make sure you are going to be happy with the chips in the long run. I suggest buying at least 11 gram chips or 14 gram chips if you really want a "casino feel" to your chips.

Cards: The saying "you get what you pay for" couldn't be more true than when it comes to purchasing poker cards. Every poker supply store will sell you "cut" or "stamped" cards real cheap. These are cards that were used by a casino and have been retired. They usually come from the blackjack tables and have seen only 5-6 hours of play. But, these cards will get bent and marked quite easily. I suggest you stick with Bicycle brand plastic playing cards, or if you want to go for the professional feel, search for KEM or Copag cards. These are plastic cards that will not be ruined if a drink is spilled on them, they take back their original shape after being bent and are a solid investment for long term use. These cards will cost you - per deck but will save you money in the long run as you won't be replacing them several times per night like you would with the cheap cards.

One additional item that you may want to have for your poker tournament is a program available for your computer called Poker Tournament Manager. This software will help you keep track of which players have already paid for their buy-in, the chip color/denomination, the blind levels, the payouts and it also keeps track of players' personal stats including where they have placed in each of your tournaments, their buy-ins and payouts, etc. It also has a timer that keeps track of when the levels are supposed to change. The software also allows you to post each tournament's stats to their server where you can view all the stats online. I've personally used the software for over 2 years and could not see running a tournament without it.

Almost game time

Just before you start the game it is a good idea to take a couple minutes and go over the "house rules." Remind them of your policy for re-buys and add-ons. Let them know exactly how many places will be being paid out and how long they have to make re-buys or add-ons. See if anyone has any questions before you start.

Seating the players

Players should not be allowed to choose their own seat location. If you picked up the Poker Tournament Manager software, it will randomly seat the players for you. Otherwise, figure out how many tables you are going to have (I'll assume 2 full tables of 10 players for this example) and then remove the Ace through 10 of two different suits. Mix the cards up face down on the table and have each person select a card. This will be their seat number and table assignment. All the people who chose the same suit will sit at the same table in the order of the rank of their card. You can let the player who drew the Ace choose their seat and then the remaining players would fill in the remaining seats with #2 being on his left, then #3 to his left, etc...

If you are lucky enough to have players who are experienced enough to also know how deal, see if one of them would be willing to be the designated dealer for each table. If so, automatically sit them in seat 1 in the middle of the table giving them the easiest access to deal to the entire table.

If you do not have a designated dealer at the table, it's best to have 2 decks of cards at each table. Be sure to have recognizably different sets of cards at the table. For example, the backs of one deck can be red and the other deck blue. This will make it nearly impossible for the decks to get mixed up. Decide where the dealing is going to start (typically with the player in seat 1) and give them one of the decks to shuffle and deal. Give the second deck to the player in seat #2. They can shuffle the cards and get them ready for their turn to deal after the conclusion of the current hand.

It's time to play cards. Shuffle up and deal!

Running a Home Poker Tournament

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John Hawkins is the writer and editor of Texas-Holdem-Poker.com. Check out texas-holdem-poker.com for the strategies, tips and tricks that can help bring your poker game to the next level. This article may be reprinted on your Web site if the copyright, author information and active link are included.

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