Mega Project Problem

The Coronavirus outbreak is shaking up the global economy on a massive scale and low cost-business ideas are the new talk of the town. The world is scrambling hard to combat the current and upcoming economic consequences of this black swan event, but this could be an exciting opportunity to contemplate a business idea from the home. As this global economic crisis continues, it is expected that businesses will not return to normal for a long time. Due to the situation hesitation among consumers to go out and shop will be visibly seen, impacting the overall seller-buyer conventional journey. With almost every business being transitioned to the online platform, and most professional working directly from home, on-demand home service businesses are seeing a big rise in demand. For the enthusiastic souls, who are willing to be a part of the business world, they can enter through this channel with minimum investments.

The Problem Statement of the idea sponsored is to deliver the hygiene food including cooked and baked items from home safely to the people as they hesitate to shop from out as due to pandemic. I decided to work it out by having fresh products made at home and creating some innovative ideas having customer attraction.

The process of baking and cooking seems to be very easy and full of pleasure but eventually it took much time to proceed with different food items and then providing it with best quality costs somehow much as due to pandemic the product and prices are increasing day-by-day. As sometimes also there is shortage of raw materials being used. So, this seems to be like providing best with much effort. The benefit of having this home service business is that I can be flexible around the hours I have to work. Avoidance of the distractions and noise of the workplace. The major thing is that taking less of a risk with a new business as less start-up money is required.