5 BUSINESS IDEA THAT YOU CAN START RIGHT NOW DURING PANDEMIC

5 BUSINESS IDEA THAT YOU CAN START RIGHT NOW DURING PANDEMIC - Economic is decreased everywhere during this unprecedented time in our generation, unemployment also make the condition worst, and honestly I am one of them, who lost the job since a year ago, or if you are still holding onto your old job, especially in hospitality industry (or many other industries) pay cuts are unavoidable.

The only way to survive is to keep going, and do anything to making money. People's purchasing power may decrease, but to starting a small business won't be hurt. Balanced with always investing, here are 5 business idea that you can start right now during pandemic.

1. HOME MADE F&B

This type of business might be everyone's favorite, but yes food and drink is necessity and I love to see how is everyone doing very creative approach for this Food & Beverage business. You may heard some restaurant is closing, instead of being creative and take another direction, this is a chance for some people to offer their cooking skill and creativity to surviving during pandemic. So many inspiration you can get, from YouTube, an easy fast food to your own family heritage recipes.

Photo by Katerina Holmes from Pexels & Photo by Karolina Grabowska from Pexels

2. DROPSHIPPING

What is Dropshipping? Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the customer.

If you are confused where to start, you can also read an article for Bloomberg for a little mind opening and inspiration, how to launch business during a coronavirus pandemic.

3. DIGITAL MARKETING

If you are familiar with marketing, especially digital marketing, you can sell your skill to a company with cheaper package than an employee. Many company right now are struggling to pay a minimum wage for an employee, why not you offer a affordable marketing package, and work for two or three companies? 

So you still can use your marketing skill and other skills like design, social media, customer service, etc at the same time. Freelancing including being a social media influencer, content creator, that you can do it from home, even though you need a quite some time to build your platform and being established.

4. PRIVATE ONLINE CLASS

Are you a professional Yoga Guru, or French teacher? Beside your 9-5 work from home, maybe you can allocate your time to promote your skill to conduct a online class. I see in my area that something which relates with wellbeing such as Yoga Class and Mindfulness class is in great demand, well of course you need to have that skill, the different now you can reach a wider online market. 

5. PRIVATE LOCAL TOUR GUIDE

No travelling abroad allowed or even local lockdown, but when the government regulation is in ease and people are so bored stay at home, we are going out anyway. For a country which is having a lot of natural wander such as hills, waterfalls, reservation villages etc, some people are doing it for an extra cash by become a private tour guide, maybe 1 or 2 hour road trip to hidden gems from your town.

That's my 5 business idea you can start right now to be your inspiration, but any business need perseverance and a good plan. The goals is to thrive rather than survive, and you need to look into your personal financial plan; you need money to pay the bill, to keep your investment running, whether you starting a business, improving your budgeting, making a big purchase, life changes since the COVID-19 lockdowns, plan your financial planning well with calculator.me which are offers a variety of helpful online calculators.