The COVID-19 pandemic has adversely affected many businesses. One sector that has seen a significant impact is the restaurant business. The constant lockdowns have had a big impact on the industry as dining in was either restricted or forbidden at different intervals during the last 3 years. This inadvertently led to the rise of takeaways in lieu of dining out and with it, the prominence of the food delivery service (apps).

Today, food delivery is a big industry in Singapore although competition is stiff. Nonetheless, your company still sees some good potential in this sector and as such, is considering entering the Singapore food delivery sector and has entrusted you to look into the plan of setting up a company in the country.