You'll have more time to enjoy your own party if you:
Do as much as you can in advance.Allow time for yourself to unwind before the guests arrive.
Relax. Guests may feel uncomfortable if the host is rushing to and from the kitchen.
Prepare foods that can be reheated or still look good after standing an hour.
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Hire someone, perhaps a neighborhood teen, to pick up glasses, rinse dishes and keep things straight.