The Best Businesses to Start in a Pandemic
If you are planning to start a small business during a pandemic, there is still the chance that your business can thrive in a less than perfect economy. These businesses are often referred to as counter-cyclical or recession-proof businesses. The following are the best businesses to start in a pandemic. They are not only viable businesses to start during a pandemic, but they are also sustainable businesses for when the economy picks up.
Yes. Even during a pandemic, accounting services are essential and can prosper. Accounting services offer small businesses counsel and advice regarding financial matters during a pandemic. Accountants have been proven allies in these uncertain times by boosting the confidence of business owners.
Buying in bulk is just one way to save money on the food items we purchase weekly. When the economy is not as strong as it is usually is, people turn to bulk food shopping to stock up on staple items they will need and can store on a more long-term basis. Some commonly purchased bulk food items include long-life-shelf foods, face masks, toilet paper, long, and laundry detergent.
Affordable Luxury Items
During a pandemic, people often feel like they cannot get the luxury items they are used to because the price is just out of their reach. However, affordable luxury items that are more mid-tier options are a good alternative.
For example, not many can afford top-level chocolate during a pandemic, but they can afford a mid-level luxury chocolate offering. The same can be said about a travel agency choosing to cater to more affordable and luxurious vacation offerings.
Even during a pandemic, people need tutors, children need to be educated. People go back to school in the hopes of landing better jobs, and more jobs will become available. Tutors will be in high demand and are a versatile business that can be done online, in person, or even both.
Many businesses outsource staff rather than hire people in-house. A virtual assistant is one such position. Much of the communication between the virtual assistant and business is done online and over the phone. Virtual assistants are also a more affordable option for businesses and are practically pandemic-proof.
Reseller Business Online
People will always need to buy products or require services, regardless of what’s going on in the World. The beauty of a reseller business online versus bricks and mortar store is the low barriers to entry. So whilst you might see retailers closing down physical stores due to the pandemic, this doesn’t always translate to things are not going well for retail in general. Usually, it’s the lack of profits and high costs the reason why bricks and mortar close their doors. So if you want to start a reseller business online think about products that people will always need such as baby clothing, lingerie, men's clothing, and women's fashion. On the other hand, think about digital services that small businesses or SMEs will always require such as web design, SEO, graphic design, or digital marketing.
What is a Reseller Business Online?
You simply buy a reseller website already built for you where you act as the Go-Between from the buyer to the supplier.
Eg. you sell something for $800 and your supplier delivers it to your customer for $400.
That is like Dropshipping?
Yes, it is but not only websites that deal in physical goods, you can also start with a reseller business online website which offers digital services. You can trade in Digital Services, like Web Design Services, App Design Services, Social Media Services, Digital Marketing Services, Graphic Design Services, SEO Services, Virtual Assistant Services, and Video Production Services….to name a few.
Digital Businesses with Digital Services have become the businesses that are MOST suited to growth and prosperity in our future business environment.
Jobs in our global economies continue to disappear and those who adapt fastest will prosper. Your job may be outsourced to a cheaper contractor from another country, so do you really have any job security? Do you have a secure future?
If you are looking at the fastest way to get wealthy and have financial freedom, this will usually mean running your own business and today that means an Online Business.
The Digital Business environment we live in is easier to profit from than you think.
You don’t need IT skills
You don’t need web development skills
You don’t even need business skills
You just need reasonable communication skills and a lot of common sense
As a business owner, forwarding emails and giving customers what they ordered is all it takes to operate your business. You don’t have the expertise to deliver specialised services but you have basic written communication skills. As a Go-Between, that is all you need!
Have you noticed that all businesses are online and all businesses are connected to Social Media? I noticed this a long time ago and started to build simple businesses that anyone can run and make a full time income from. When you reach a full time income, you can scale the business with no limits and become very wealthy, financially independent..whatever you like to call it!
Don’t hesitate start your own reseller business online today, then quit your job not too much later.