To start up the company each partner contributed $10,000 towards the capital. A loan of $150,000.00 was secured from NEDCO towards the capital. This was used to purchase a wagon, panel van and equipment such as fridges; deep freezer and stoves, also other necessity for the business. The partners run and operated the business on a full time basis. After the 1st two years additional staff had to be hired to assist with the demand these additional staff were used when large orders had to be catered for. Three of the partners worked fulltime in the business the two cooks, and the Secretary. The other partners worked as needed.
After two and a half years the business was able to recover the initial investment. In the 1st year the company experienced some problems which were sorted out and looked upon as experiences and lessons learnt. Problems such as …show more content…
Identifying the Stakeholders- The stakeholders for this project would be the clients, employees and business, South Angels caterers as well as Angostura group of companies. The use of internet, for examples stakeholders will be contacted via email and confirmed by telephone in addition invitations will be sent to them. In the case of Angostura a meeting will be scheduled and executed. This will involve signing of the contract between South Angels caterers and Angostura group of companies for the running of the bar. A Stakeholder register including the list of employees and clients with all contact information is on