Gifts play a significant role in strengthening relationships. The same rule applies to business too. One important reason for giving gifts is for business purposes.

Like a wedding, a business deals with people. So, it is proper to give useful gifts. Various people can give business gifts on various occasions. To elaborate, employees can present gifts to employers, and vice-versa. Announcements like pay hikes or extra perks for employees are gift-giving occasions. In return, to honor the employer, you can chalk out a few ideas for gifts. You can throw up a surprise party to cheer him. You can also think of other business gifts like stationery, a memento, personal diaries, etc.

Typically, business gifts are the most formal of the kinds of gifts discussed so far. Hence, there does exist a standard etiquette for choosing and presenting a business gift.

Generally, official celebrations are done jointly. For example, a person may be retiring from service. Gifts like an exquisite ring bearing his name or initial letters of the name, a memorabilia, etc. can be given.

Similarly, another person may get a promotion. You can encourage him to go higher and higher and wish him good luck through a good gift.

Business gifts are also distributed during corporate events and meetings. Gifts should be given regularly to clients to thank them for their business.

Personalized business gifts can be given to a co-worker to appreciate his good work. Similarly, an employer can also give business gifts to employees to recognize their performance and contribution to the growth of the organization.

One should not forget the role played by executives, who may be founders, shareholders, investors, board of directors, members, etc. They form the highest strata in an organization and hence should be kept in good spirits. There are