Covid-19 has caused irreparable damage to society, which can be seen in the corporate realm. Thousands of enterprises have gone bankrupt, and millions are now unemployed.
But it is not all doom and gloom. When people face challenges, they rise, evolve, and adapt. They find ways to survive.
With that in mind, let us look into three interesting post-covid-19 business opportunities.
High-growth Areas
In the past few months, close to two billion people worldwide have been given at least an initial dose of the covid-19 global pandemic vaccine. More than 400 million individuals have been fully vaccinated. In the next several weeks, these numbers are expected to double or even triple.
Of course, there is still a long way to go before every single human being on earth is immune to this deadly virus, a virus that has so far claimed the lives of more than three and a half million people and has infected well above 150 million. And even if many of us have already got a shot from Astra Zeneca, Moderna, Pfizer, or any other global pharmaceutical enterprise, we still need to wear masks, engage in social distancing as much as possible, and focus on our hygiene.
Yet, the future looks bright, at least brighter than it has for a long time. Men and women are slowly going back to work which means companies in all industries are starting to reopen their factories, shops, and restaurants.
But what does that entail, specifically from a new business perspective? For starters, it means businesses will once again require the provision of services. For instance, a great idea worth looking into is investing in franchises providing commercial landscaping or lawn maintenance services. After all, as far as commercial buildings are concerned, few things are more important than well-kept exteriors to attract a new wave of potential customers.
Online Services
Unless you have been living under a rock for the last year or so, you are probably quite familiar with presentation and videoconferencing software platforms like Zoom, MS Teams, Google Meet, and Webex. Chances are you have taken part in anything from company meetings, language and other types of online lessons, business training sessions, university lectures, and even parties with family and friends.
As we have seen previously, one of the best avenues to take post-covid-19 is the provision of physical services to enterprises getting back into the corporate mix. But that doesn’t mean the world wide web will go into extinction anytime soon. Instead, it is the opposite that is expected to happen. The number of online services will only continue to grow as well as their scope.
One important lesson the pandemic has taught all of us is the value of convenience and time. The better, easier, and faster we can do things, the higher the probability of success. This creates a wealth of opportunities in many areas, including consulting, training, web design, customer relationship management expertise, and many others.
If you have a skill you can teach others through a webcam or chatbox, now is perhaps a better time than ever before to exploit it and offer your knowledge to all suitors worldwide.
Outdoor Activities
Stanley Kubrick’s 1980 psychological horror masterpiece The Shining takes an extreme look at the consequences prolonged isolation can have on the human mind. If you are not familiar with the term cabin fever, you will more than likely never forget it once you have seen this film.
Luckily, Jack Nicholson’s character, Jack Torrance, is an exaggeration, and as medical science has taught us, it takes more than just being alone at home to lose one’s sanity. Still, being on your own or with a few others in the confinement of a house or apartment is anything but beneficial to your health. It not only prevents the body from getting its daily necessary intake of physical activity, but it can also lead to increased levels of anxiety and depression.
Soon, many of us will start going out again if we have not done so already. And when we do, plenty will be more than willing to get back that lost time, move around, and engage in the activities we loved doing before the pandemic. As such, there is a strong possibility there will be a substantial market demand for activities involving either outdoor sports, tourism, or entertainment. Without being overly optimistic, it is safe to say that any business in one or several of these areas has good chances of success.
Three great business ideas post covid-19 are areas of high growth, online services, and outdoor activities. As we continue to adapt to an ever-changing world, they are bound to remain a constant for the years to come.
