2020 has been a taxing year for everybody around the globe. Covid-19 has impacted many individuals and small businesses. But it’s never too late. Individuals who are looking to start a new business can get started with the following ideas:
Food business ideas
This pandemic has affected every business, including food joints and restaurants. This has led to the closure of many outlets making people unemployed.
Creating a solution to the problem, many entrepreneurs have started selling produce from their homes and personal space. Many of them have opted for a takeaway option too.
These changes have indirectly facilitated local and seasonal produce to come into the limelight and have changed the eating habits of many people in the UK.
So this makes the food business a lucrative idea: You can go for the following ideas:
- Bakery and desserts
As per research, the bakeries and deserts have been impacted by Covid-19, but their demand is still high because of the baked feature. Due to this relatively high demand, many businesses have managed to remain open and serve people.
- Home delivery and Takeaway
Another option is to start a takeaway outlet as the government is also supporting people with their business in this field. According to sources, VAT has also been reduced on the food items to initiate recovery and encourage demand in this sector.
This takeaway and delivery option can prove to be profitable as people are getting what they want without being in a crowd and from the comfort of their homes.
Eco-friendly business ideas
Mankind has been causing damage to nature for ages. Climate change is one of the repercussions of human activities toward nature.
Now, it has become one of the biggest threats to our planet. To contribute your bit, you can opt for green business in times of this pandemic. You can opt for the following options:
- Plant-based food
As per a University in the UK, if meat and dairy products are cut from our diet, there can be a 49% reduction in greenhouse gas emissions from our food production.
Because of the current times, it may not be easy to set up an outlet, The, B2C (Business to customer) model is easier to implement.
Every business focuses on its customers, and customers always seek convenience.
So keeping in mind the customer’s convenience and the highest quality; the B2C model can prove to be beneficial for both parties, entrepreneurs as well as customers.
- Second-hand products
In times when physical stores are a difficult option, selling online is a good option. You can go for selling used and second-hand products.
Products like clothes, gadgets, furniture, and many other items can be sold online as it will ease out the process of buying the required items.
Pet business ideas
According to a study, people having pets are always willing to cut back on their expenses rather than their pet’s expenses. With consumers keeping their pets first, you can consider pet business ideas. You can opt for any of the following ideas:
- Dog walking service
For dog business owners, you should have sheer love for dogs. You should know how to handle a dog and its behavior. One of the ideas can be of a dog walking business.
You can take people’s pets for a walk and charge them for this service. You can charge as per the walking distance and the size of the dogs.
- Pet food and supplies
Usually, dog owners are willing to pay for their dog’s wellbeing, food, and grooming, services. This pandemic has seen a rise in online services for dogs ranging from their food, grooming, and even healthcare facilities.
If you are a dog lover and passionate about their well being, then this business idea can be a good option.
Beauty and hair business ideas
The most affected businesses during this Covid-19 have been the close contact services as this virus is transmissible, but since these are essential services, they cannot be closed for a long time.
You can go for a close contact service business like beauty, hair, grooming, nail businesses, etc. but with all the precautions.
There is a huge demand for these services, and hence you can opt for any of the businesses from the following:
- Salon and Barber services
After the lockdown, when salons and beauty outlets reopened, it saw huge queues for them. With self beauty treatments and grooming at home, everybody will be looking forward to these essential services.
To open up a salon, ensure to follow all the Covid-19 guidelines to stay safe and keep your customers safe too.
- Mobile hairdressers
As mentioned above, salons and barbers is one good option post Lockdown. You can be innovative and opt for mobile hairdressing.
There is a huge demand for mobile hairdressers as people can go for these services from the comfort of their home and still stay stylish.
So setting a mobile hairdressing business can be a game-changer for you.
Since Covid-19 has affected everybody in every sense, be it physically, emotionally, or financially.
To start any business, you need to have funds for your initial investment. People who are unemployed or bankrupt can also plan to start a business since there are many start-up business loan options available in the market.
Many banks and direct lenders also offer “bad credit loans in the UK,” which are being provided without considering the bad credit history of individuals.
So, you can go for the loan facility and start a business of your own to earn your livelihood. Starting a business will help you be financially stable and will make you happy and content.