Below are examples of stakeholders I found on :
Employees:
Without employees most businesses couldn’t exist, as employees are essential to carry out particular jobs. However, some businesses like mine do not necessarily need to hire employees. As I will be running a guest house the only person essential to the running of my business is me. I will however be hiring a part-time cleaner to help me with the upkeep of my guest house to ensure my guests have a comfortable stay. I must pay this employee fair wages, ensure good working conditions, show good leadership, and valued them as a person not just an employee. I want my employees to feel as though I am there for them, and like they can turn to me if they have any problems or queries. I do not wish for them to view me as there boss but as someone they can look to for help and perhaps even friendship.
Communities:
All local communities rely on new, successful businesses to emerge in the area. When I start up I will be bringing customers to the local area benefiting all those in the local community as my guests will most likely be purchasing products from near my guest house.
Customers:
Like all business, in order to survive I need to have customers. In order for me to have and to also keep my customers I will need to be careful in the way that I for example price things, because if I over price some of my services and products them all my possible customers will be going to other places so they don’t have to pay as mush money for the same service. This is also true when it comes to pricing my products because if I price them fairly them that might make the customer want to come back again and again.
Financiers:
They provide funds for me so that I can start up and also be successful. I need to be making a profit so that I can pay back all the money that I borrowed along with interest.
Government:
The Government wants all business to prosper because they pay tax and also provide employment for the people living close and also people qualified for the job. The Government also enforces laws that are there to protect my shareholders form being exploited.
Suppliers:
All suppliers want to have regular contact with businesses, my supplier will need to be in constant contact with me in order for them to know what it is that I need to order and how much. Just like me, suppliers will be expecting prompt payment when I use there service.
Managers:
Managers are employed by the owner of a business when a business grows and expands and need extra help. But for me, I don’t need to employ someone to take to role of manager because my business is small and only starting out.
When the time comes for me to expand I will employ a manager to look after my second guest house. This position of manager will involve living in the premises as a guest house needs someone to be there at night incase anything goes wrong with the guests or any problems occur. This will mean my manager will have their residency paid for them as part of the job terms. They will also be in charge of the accounts in this guest house and be there to make sure everything runs smoothly.
It is expected from my costumers that they shall receive good service and for this service to be at a reasonable price. As a business woman I will not exploit my customers and I will be as friendly as possible whilst still being professional.
I will be paying tax so the Government will be looking me to expand and grow because those ways they will be getting more money form me.
