Because of the new coronavirus, experts predict a repeat of the 2008 global financial crisis scenario. Some economic sectors already show a significant recession.
What will happen to our future if everyone is at home, in quarantine? What businesses could survive and earn money in such conditions, and who should prepare for the worst?
Interestingly, such a decline in the global economy didn’t ever happen in the context of any other recent epidemic.
If you’re planning on starting a business right now, we suggest you think about ideas that would work in a world where the story of quarantined society becomes a long time scenario.
1. Blogging
Gamers, YouTube content producers, social media stars.
This quarantine situation has led to a sharp increase in interest in video games and video content. Now, people spend more time at home, and all the money that was previously spent on outdoor entertainment is used to pay for content.
2. Manufacturers of foods and catering
Now is a good time for large producers of food and semi-finished products, as well as those who deliver them. The most affected are institutions that DO NOT provide personal delivery services - their losses can reach up to 50%.
3. Cargo drones
They are, in fact, the same couriers, but they do not get sick or tired. So be sure that this niche will begin to rapidly grow and develop. Just think about it! You could be the first one to start such a business in YOUR city!
4. Development of services for providing remote work
There’s tons of opportunities for the qualitative growth of the entire sphere related to the provision of remote work.
This includes payments, online collaboration tools, freelance sites and much more.
Everyone who can afford to has already switched to the “work from home” mode, including Google, Amazon, Facebook, and even the UN Secretariat.
5. Development of the Virtual Reality industry
During the pandemic, there are good opportunities for the development of the VR industry.
Everything that cannot be visited physically, may be visited virtually.
For example, this year, the largest crypto conference in the world, Consensus, will be held in VR, which will be a new experience not only for the organizers themselves, but also for the participants.
If you are not afraid of any virus, and still want to invest in an offshore company like any of the above, feel free to contact Bizonaire right away and make your cool idea come to life, despite the general panic around the globe!
