Organize A Party
Organize a party for your friends on the occasion of Friendship's Day. No need to splurge too much on the decorations and gifts. Make it simple and fun. Order junk food and make the ambience nice and calm. Have a good collection of music and you are set to party. You can also organize a theme party wherein everyone has to dress up like a particular character according to the theme.
Outing With Friends
Watch a nice movie together. You can head to the nearest theater and watch it there. While outside, you can also catch up on some shopping and have lunch together. If you are no more a college student now, remember the good old days and laugh off the silly misunderstandings that you developed in some phase of your friendship. Also, try to go to your favorite hangout zone of college days and cherish those carefree moments.
Movie Marathon At Home
If you don't want to go outside, you can hire some movies and DVD's and watch it with friends at the comfort of your home. Make it like a mini get together with food, drinks and popcorns and go for three movies, one after another. You can also plan a sleepover at your home. Call your friends, rent some horror movies, have loads of popcorn and you are all set to enjoy with your friends. Just have fun, tease each other by wearing horror masks!
Night Out At Your Place
If you have a backyard, put up a tent for dinner and organize a party for your friend under open sky. Call your friends to have dinner and stay at your place. Play music at night and dance until dawn. If you have option, you can arrange a barbeque too. If you are tired, lie down under the night sky watching the billions of twinkling stars. Your friends will always remember this wonderful night out.