The covid 19 epidemic has had an enormous impact on the world’s businesses. Organisations have had to quickly adapt to new ways of working due to social distancing measures and hygiene precautions.
Regular lockdowns however have affected many industries severely and led to numerous businesses being closed, especially smaller ones.
There is certainly no guarantee when – or if – the current way of living will ever go back to normal. It would not be wise to wait until things change before you start a new business.
RX Global is available for both UK and global events. We can offer expert advice to help you get started or grow your client base. You might also find some suggestions on how to launch a new business in the covid environment.
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Mask making
Face coverings are recommended by the World Health Organisation, (WHO), as part of a strategy to prevent covid transmission. Worldwide, there is a demand for masks. It is a smart idea to start your own online business selling masks.
Online stores are more cost-effective than traditional businesses and offer lower risk. You can start by selling on platforms like Etsy and eBay. Then, you can use social media to market your business.
Delivery services
Most 9-5 worker will make use of their commute to get groceries, other necessities, and a specialty coffee before heading to work. Due to the pandemic, more and more people work from home. This means there is less opportunity to go to a grocery store, which has led to a significant increase in the convenience of food shopping.
However, home delivery businesses will thrive even during lockdowns. People are more reluctant to leave the comfort of their own homes when new versions emerge.
You can take advantage of the rapidly expanding industry to start your own delivery company. Your business doesn’t have to be limited to grocery shopping, you could consider a courier service to run errands, such as picking up prescriptions or posting letters.
Cleaning services
A pandemic caused a greater awareness in the public of cleanliness and hygiene. Business have needed to be flexible to accommodate new requirements. For example, retailers often offer hand sanitizers to customers and cleaning tools for sterilising baskets or trolleys.
Consider offering cleaning services to local businesses like boutiques and private offices. Another option is to use the increase in remote workers and offer a cleaning service that specializes in technological equipment like computer keyboards.
Conclusion
Never has there been a more uncertain time for business, but that doesn’t mean you should give up on your ambitions to be your own boss. You can start your business in confidence, provided you have the right market research skills and the drive to succeed.
Enterprise Podcast Network – EPN first published The post New Business Start-up Ideas in a Covid World