First lets put some nice seating in your space. Let us now add a great flow to get every one to enjoy the space with out feeling crowded. Put the drinks in a fun cooler in on corner of the room and the foods on the opposite corner and finger foods on side tables. This will help keep your company from getting stuck in one spot. Great foods to serve at home parties are finger foods like dips and chips, meatballs in barbecue, vegetable tray, cheese tray, and cupcakes.
Home Parties do not have to cost a lot and be overwhelming. When you are enjoying yourself so is your company. Happy Entertaining!