5 Businesses That Still Exist and Even Skyrocket Even During The Pandemic

5 Businesses That Still Exist and Even Skyrocket Even During The Pandemic

There are so many business opportunities, not only online or offline. For anyone who is observant to see business opportunities, then everything is a business field for him. That is the principle of entrepreneurs that every entrepreneur must have.

Worry and anxiety will surely land in the hearts of some business people when the economic crisis is spreading in most countries in the world due to COVID-19.

The reason is that business people are worried that the business they are going through will have a critical impact.

In order to be free from anxiety, you need to know what line of business or business during the epidemic period is critical.

Running a Business During a Pandemic

The critical state that occurred when the outbreak was left obscurity.

Companies, customers, and even the government are trying hard to understand what happened and what treatment needs to be taken to deal with this massive problem.

Taking into account the situation, you must be able to sniff out every opportunity that exists on the market without being entangled in certain moments or with skill capital to earn money.

One of the alternative businesses in the epidemic period with basic capital on skills is a business in the service sector and the field of beverages and food (F&B).

The opportunity comes from a market need that cannot be fully met, or a market problem that has not yet found a way out.

These two elements make several business opportunities resistant to critical conditions and can be moved well.

In this matter, there are five business fields that are considered critical.

In addition to the food and beverage (F&B) business, and services such as health products.

Business fields that can be business opportunities during Corona include marketing business for basic materials, teaching and training services, and digital business.

Business Fields That Can Be Business Opportunities in the Pandemic Period

Some of the business fields that can be business opportunities during the Corona or outbreak include:

1. Food and Beverage Business

The food and beverage business is seen as one of the business sectors that is critical to the economy.

One of the factors that caused food businesses to have the opportunity to promise during the epidemic period was because residents needed drinking and food supplies under any circumstances, even in very difficult conditions.

That way, the F&B field never runs dry and loses customers.

Not only that, businesses in the beverage and food sector are seen as requiring relatively small capital, not a lot of labor, but with large profit margins and fast cash flow cycles.

These factors make it difficult for the F&B business to become a ‘victim’ of a major crisis.

When an economic crisis hits an area, the culinary business may experience a reduction in turnover.

But the huge cash flow in an instant leaves this field with no reason to go downhill.

Business people in the F&B field can implement marketing tactics or increase turnover by experimenting with changes in customer attitudes from period to period.

Anyway, it takes credibility in the soul of every business actor so that there is an opportunity to gain customer confidence.

Especially when many competitors are unable to fulfill their promises.

Therefore, use your culinary business during critical periods so that you can still get customers even when conditions are difficult.

2. Basic Materials Business

At a critical time in the economy during the Covid-19 outbreak period, which items have experienced price reductions?

Similar to the F&B business, basic food is one of the primary needs of citizens which is difficult to ignore under any circumstances, including a critical economic situation.

This makes the basic materials trading business one of the critical resistant business fields.

Even though there are fluctuations in commodity prices due to stock and demand factors, this cannot be a big problem to make the business in this field go bankrupt.

You just need to take care of your finances carefully, especially taking care of working capital so you can take the opportunity when prices are down and can continue to survive when prices of basic materials are rising.

Not only that, you also need to find the right gap to maintain your business in the midst of a critical situation.

3. Health Service/Product Business

Whether during normal or critical periods, residents still need health services and health products as one of the most important necessities for survival.

Therefore, several medical personnel such as doctors, nurses, pharmacists to health center employees are on the front line to ensure the health of residents.

Especially during a critical period due to the Corona virus that is happening in several corners of the world like now.

These various backgrounds are the reasons that make the health business one of the few that can survive in this critical period.

The need to maintain and restore health will not disappear because of any moment.

So that it can be a business opportunity while helping residents meet their health needs.

4. Education and Training Services Business

Critical moments, whether economic, political, social, or health critical will not stop the movement of changes in the field of teaching and training services in several parts of the world.

The problem is the need to learn something new will not dry up in the community, even in a critical situation.

Even the critical period is the right moment, because some people judge themselves and see that they need more knowledge to always improve themselves.

This is what makes businesses in the teaching and training industry more resilient when the economy is in bad shape.

5. Digital Enterprise

Digital business or IT business is one of the lines of business that can be a business opportunity during Corona and can survive in critical conditions. It is undeniable that technological changes bring enlightenment to citizens and can provide support to improve other business sectors. digital business business opportunities during corona business in the epidemic period In the process, digital efforts have even become a way out for the majority of residents to get out of trouble, it can even move residents to get out of a critical period. For example, digital technology in the form of video conference programs can help employees meet remotely and solve business problems during a critical health period due to the current Covid-19 outbreak.

Tips for Running a Business in the Pandemic Outbreak Period It’s not easy to start a business in the current epidemic period. However, if you try to find a business opportunity during the right time for Corona, you can still survive.

Here are some guidelines that can help your business stay critical:

a. Try to customize It is not only important for citizens to adjust to the new normal routine, businesses are also required to make adjustments to the situation and change in the attitudes of citizens.

b. Go digital Use technology and the internet to find business opportunities that can be driven online. There are several platforms that you can use either to sell online or to do promotions online so that your business can still survive.

c. Don’t be afraid to try new things It’s not easy to get out of your comfort zone. But in circumstances like today, you are required to look for new ideas or make innovations that you may not normally do or may never do. You must dare to experiment.

d. Use tools that can make your business more effective Technology such as online accounting software can also help companies deal with financial control problems in a concise, precise and fast manner.

After all, success is only possible when you have the energy and confidence in the power you have to get through the crisis. Because in essence, every business actor must be ready and enthusiastic to ‘win’ every critical.

As an online accounting software program, Jurnal also provides support and is committed to helping address obstacles to maintaining productivity and economic progress amidst demands to reduce mobilization towards the workplace and public crowds through programs

Business Tips