Small Businesses You Can Do As A Student: External Factors and How To Overcome Them

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People realize that companies sell products and services to the public, which creates income. A constant cycle sustains people’s everyday lives. However, why is it the economic lifeblood? Businesses must follow their own guidelines, before opening and serving the public. Tax obligations are required by one of these rules. Taxation is one way companies boost the economy. Taxes also drive economic development. Customers spread them across the company and economy. Hotels and malls contribute significantly to the economy via their yearly tax payments. Customers also contribute to the economy by paying value-added tax (VAT), which is sourced by the company. These may affect the cardiovascular system, erythrocytes, or the overall body. The heart distributes oxygen to blood cells, which represent taxes, throughout the body, which is the economy. Levies are essential to the economy, what oxygen is to the body. Since taxes fund the economy and guarantee its healthy functioning, the business is like the heart. Thus, firms are a nation’s economic lifeblood.

The COVID-19 pandemic is a global issue. Citizens of most countries are quarantined and restricted to their homes. Philippine authorities increased community quarantine. Public transit has been stopped except for government buildings and food shops. In the absence of a solution, some businesses may have to close. The economy and enterprises are linked; one failure triggers the other. The Philippines is known for rigorously monitoring its economy, which is crucial for existence. Healthcare and immunizations are the government’s top priorities during the epidemic. Government attention is focused on population lives at danger since businesses cannot function without protecting the public. Without income, consumers cannot buy food and materials. Taxpayers are not required to pay, and power and water are suspended. As practically all business organizations close due to these rising issues, the economy cannot continue to grow. Economists struggle to solve this slump. If this epidemic lasts many months, government instructions may close certain enterprises, causing a severe economic crisis. How can the government sustain healthcare services during an economic downturn? The epidemic affects the economy and industries.

With this external factor, what can you do?

The product will target students, who, like TV superstars, are mostly your age. Students cannot carry large amounts of food since they are often moving and carrying bags and other objects. A fowl skin on a pole with a distinctive presentation is the desired product. One skewer will include potato twister and fowl skin, making the meal distinctive. Sour cream, BBQ, and cheese are other options. As a finger snack that requires little effort to eat, it is suggested to students and may be marketable to them. The thin potato strip in a potato twister is meticulously peeled to avoid ripping. The deformed potato has sour cream, cheese, BBQ, and powerful peppery tastes. People eventually forgot about these finger dishes’ creativity. However, chicken skin is often considered harmful owing to its high lipid and oil content. By combining these two ideas on a stick, we may add chicken skin—another street food—and enhance the twisted potato’s taste and look.

In addition to several flavors. We’ve never seen the product, yet it exists. We combined potato twister with fowl skin to create a new fusion. We combined students’ canteen and after-school meals in a novel way. It fulfills the demands of our target population at an affordable price and is perverse and entertaining to consume. Physical appearance is a hurdle that must be overcome to attract customers. Thus, we alternated the potato twister and bite-sized fowl skin on the stick to make our product seem good. This invention will help our target market, students, by combining two of their favorite sweets. Due to its simplicity of intake and ability to satisfy their appetites, this 2-1 finger food product is highly recommended. As entrepreneurs, we may benefit from creating a new fusion that appeals to our customers and even produce income by revolutionizing a popular beverage. Innovations may boost a company’s operations but also pose risks. Because product innovation is new to the public, we have to consider its merits and downsides. Despite its relative obscurity, our poultry-skin potato twister has been created. Unique attributes will persuade consumers to try the product. Starting with the benefits of the potato twister with chicken skin, it can be eaten on a barbecue stick, one can take a bite quickly, the price is reasonable and won’t strain one’s finances, and the tender potato and crunchy chicken skin will keep one from feeling full. The potato twister with chicken skin’s preparation, difficulty keeping the skin’s crispiness, and questionable appeal owing to its novelty and unfamiliarity to the general public are all drawbacks. We will take a calculated risk to test our potato twister with fowl skin. Our product combines chicken skin with potato twister, a novel idea.  As our target demographic is students, we want to distribute around college. By achieving the quota in the first three days, we will evaluate the innovative product’s marketability. The daily aim is 50 potato twisters with chicken skin on sticks, however the exact number depends on the investment. If the daily requirement is fulfilled or exceeded, the novel food product is marketable just like how they market their latest drip shoes.

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