New Business Opportunities During the Pandemic

The new decade brought a surprise of Covid-19 along, pushing the pause button on the world. It is creating panic amongst people as the world is witnessing deplorable events. Businesses find it challenging to survive in times of crisis, while people live in isolation away from everyone.

Are you wondering what good can come from this bad? Even though nothing stays forever, but coronavirus is not going anytime soon. Instead of spending your time procrastinating, think of opportunities you can avail of during this time. With the current technological revolution, you can open a business by sitting at your home.

Technology has turned out to be the ultimate savior for industries while helping businesses to give it back to society in these crucial times. As pandemic continues to impact people, it brings significant opportunities for startup, leveraging long-term gigs. Do you have any idea in mind? If not, here we are revealing some new business opportunities during the pandemic.

Healthcare Consultation

With the sprouting health concerns, going to a hospital for a headache is like playing with fire. The majority of hospitals are dealing with Covid-19 patients, meaning people have to handle these issues by themselves. Why not offer them remote healthcare? Alongside assisting with health, it can help in navigating the impact of the virus outbreak. Think of inventing an online healthcare app where doctors and nurses can help patients digitally. You can set a specific percentage deductible from fee to take out your chunk of profits.

Augmented & Virtual Reality

Do you miss going out? Everyone has restricted themselves to the four walls of the home to eliminate the threat of viruses. Self-isolation is giving rise to virtual reality gadgets as people are seeking an experience that takes them out of the four walls. Hence, you can set up a company in Australia or any other country to sell virtual and augmented reality gadgets. You can learn the ropes and start making VR headsets all by yourself to maximize profits. Otherwise, you can ship them from other countries to enjoy the benefit of wholesale prices. It is imperative to dig yourself into extensive research and see which gadgets are in demand specifically.

Cleaning Services

As Covid-19 cases continue to rise, people will pay more attention to hygiene, increasing the demand for janitorial services. Similarly, more and more people are looking for disinfection services to prevent the outspread of viruses. Therefore, starting a cleaning company could be an incredible idea. Once businesses, educational institutions, and shopping malls start open, the need for disinfection will further pump up. Moreover, even post-pandemic, people will be extra careful with cleanliness, meaning your business will stay in demand forever.

Remote Applications

The current lockdown encourages people to do everything from home – classes, work, and shopping. As a result, people are actively using remote applications to satisfy their dessert and shopping cravings. If you or any of your friends have expertise in app development, consider building an application to kick off your venture. If you need ideas, have a look below.

Employee-Sharing Apps

Many businesses are laying off workers, while others are unable to operate due to the on-going pandemic. Hence, the unemployment rates are skyrocketing, making it impossible to make ends meet. On the other hand, delivery companies and eCommerce businesses struggle to meet the increasing demand with limited human resources. How about you create a platform to put employers and employees on one forum? Hiring doesn’t have to be based on long-term contracts, but it is temporary to meet the current demand. It could be an amazing effort to help the labor market return to normalcy.

Remote Medicine Delivery

Pharmaceutical businesses are playing a significant role in these times. People isolating themselves can’t make it to medical stores, and ones with chronic conditions can’t survive without medicines. If you belong to this industry, get a tech partner to offer people online prescription services. If you like to innovate a little, bring a couple of practitioners on board to educate people about the drugs while administering any misuse.

Educational Apps

All schools, colleges, and universities have shut down while making a shift to online learning programs. Surprisingly, you can also create a platform that facilitates learning. It could be a video-conferencing app, but it would only work if you offer more features than Zoom and Google Meet. Similarly, think of creating online portals, where teachers can create assignments, quizzes, make announcements, and students can post their queries. Focus on coming up with something that elevates online learning experience.

Grocery Apps

The fear of contracting the virus resulted in hoarding, but the home supplies don’t last forever. Thus, people are moving towards the concept of online grocery shopping since many grocery stores now offer delivery services. Feel free to step into this business since there are no barriers to entry. You can create an app, collaborate with grocery stores, and hire delivery employees. People would be placing the order through the apps, while you have to ensure timely delivery at their doorsteps.

Remote Fitness Apps

Everyone is staying indoors, limiting the physical activity to walking from one room to another. Fortunately, the digital platforms have turned out to be a blessing in disguise for all fitness and health freaks. If you are a fitness expert, stop wasting time, and launch your digital workout app. You can add variations by offering yoga, meditation, and kickboxing features. People are actively using these apps to continue their workout routines from homes. Besides, more people have started to exercise to stay physically active.

Cybersecurity

Nowadays, everything is happening online – from organizational work to banking transactions. These changes are grabbing the attention of potential hackers, leaving people vulnerable to cyberattacks. It can be daunting to lose confidential information, business details, and financial data. Therefore, the demand for cybersecurity experts is booming as they know how to combat these threats. Enroll yourself in a couple of cybersecurity programs and start offering your services to a giant or small organization.

Conclusion

Indeed, this is a crucial time for all of us, especially for the business world. There are no tried and tested methods of surviving through this pandemic, but some digital knowledge can do wonders. Understand the concept of the online marketplace as it offers a solution for every problem. If you are short of inspiration, look back at the companies born during recession and downtime.