This morning I read about a new food delivery startup in Kathmandu. I pondered do we really need another food delivery startup catering to the capital. There are already a few established names in the space and one who has been doing this since 2012.
Questions I had regarding the new food delivery startup:
-How big is your market size? How many people order food from office/home?
-How many other similar delivery startups are out there? What are their strengths/weaknesses?
-What is your Unique Selling Point (USP)?
-What’s your revenue model? Do the margins make sense?
-What is your burn rate? When is the expected plan to break-even/generate a profit?