foodprint

Question for Foodprint 

1. How does the company make money? What are the sources of income? What is the approximate percentage? Has the company made a profit so far?

Foodprint retains a 15% of each item sold through the app.  This is inclusive of GST and other service fees, eg payments provider.  This is our only way of generating revenue.  We do not charge the eateries a joining fee or monthly subscription for example.  We are not yet profitable.

2.Are these organisations count as sponsors, investors, or...? What kind of stakeholders are they? Does the company pay for anything they have provided?

3. Should these organisations above be counted as shareholders or stakeholders? If stakeholders, who are Foodprint's shareholders?

The above are external stakeholders.  Foodprint’s Shareholders are myself and the Garvey Family Trust. This is public information that can be found on the companies register. 

4. What time does the food usually start to be served?

Food is available from 7am-9pm. It’s up to the eateries what they would like to sell and when.  Our peak time is usually from about 1.30pm.  If you want to get a feel for this, I would suggest downloading the app. Even those not currently in NZ should still be able to download it and you’ll be able to select an address in Auckland, say the university or just put in Queen Street to see what’s happening in this area.