Don’t worry about the slow down in the market and opt for some new strategies in lockdown. Here are some small businesses you can start during the economic recession, even after this crisis your business will never face a downfall.
- Food and Beverages Sales
Many people tend to buy food in bulk and they buy wheat, sugar, other kinds of flour, in a large quantity so one of the best ideas to thrive in this recession is to start bulk food services for the bulk shoppers. The supermarkets are servicing people online because of the lockdown.
These services have increased as people are tending more towards home cooking so if you start an online food servicing, you will survive through this recession, and even after lockdown opens you can continue your business as the demand for food is always at a constant rate and will never go down.
- Writing Resume for others
During the lockdown period, there is an increase in unemployment and many people are fired. They are looking up to make their resume strong enough to get a job according to their skills, therefore the demand for resume writers who are well experienced in resume writing is increasing and this business you can do from your home and can earn enough to survive through this recession.
- You can be a Virtual Assistant
The online businesses or entrepreneurs that require help to manage their businesses but are not willing to pay the staff and office space generally hire a virtual assistant.
You might be thinking how can I assist virtually but during the lockdown period, the businesses which are in loss may not be able to pay the administrative assistants as their business is no longer prospering to pay all the staff so the business owner in this situation thinks to hire a virtual assistant.
Businesses often hire virtual assistants for their administrative tasks. Many virtual assistants work as contractors. They may run their own virtual assistant business or can jump from company to company. Once you know what kind of services you are offering to the company, you can charge the price accordingly e.g., you can charge per hour or you may sell the service packages.
- Teach Online
Many parents today require an online tutor to teach the tough subjects which are the vital part of their curriculum, as lockdown continues all the schools and colleges are shut, you can help them as well as you can survive during this recession by teaching the students online if your understanding of the subjects is very good or if you are a tutor by profession.
You can conduct your tutorial classes online as now the whole world is shifting towards e-learning. You can make your own YouTube Channel or launch your website to teach the concepts of the subjects in depth. Also, you can learn the fundamentals of YouTube Marketing to promote your online videos so that more people can view it.
- Healthcare Services
The demand for healthcare services skyrocketed amidst the pandemic. A healthcare provider is the one who delivers the services to the sick and healing the persons who require medical services directly or indirectly as doctors, nurses, or even laboratory technicians and medical waste handlers.
There are calls for blood tests for illnesses like diabetes, cancer, for pregnant women, and for many others who cannot visit hospital due to pandemic, healthcare workers act as a force multiplier for them. So, if you are well trained and advanced in medical practices, this option is meant for you.
- Auto Repairing
One of the best businesses you can start during the lockdown period is “Auto Repair Services”. The people are looking for the ones who can do servicing for their car or see its maintenance properly as there is no one to do it for them so if you are planning to start the auto repairing business, go ahead. Even after the recession is over, the demand for the auto mechanic will continue.
- Grocery Sales
Online grocery shopping is growing rapidly during the lockdown as shoppers have limited access to the grocery markets or stores or they avoid going to the grocery markets. So, if you are the one who is in search of business during the recession, this is an excellent option. Even after lockdown, you can successfully continue this business.
- Home Repairing Services are in demand
People struggle to find someone who can provide services for their home, including plumbing, electrical applications, or roof leakage which has to be patched during the lockdown, so if you start a business in this area, you won’t need any kind of investment except the tools you need to buy.
