The CO—100 is an exclusive list of the 100 best and brightest small and mid-sized businesses in America. CO—is committed to helping you start, run and grow your small business. Learn more about the benefits of small business membership in the U.S.
recession-proof business ideas
Fido will not get neglected during a recession, as people often find comfort in pet ownership, and use services to take care of those pets. People are regularly facing health issues on a daily basis and at times there is a shortage of medicines in their nearby medical stores. They also have a fear of stepping out or going to distant markets for medicines. Then why not you can start your medical courier service for your local place at the initial stage.
Box subscription companies
Businesses are constantly looking for agencies that can help them cut through the noise and stand out against their competitors online, especially since consumers are spending more time than ever on their devices. If you have a background in marketing, you can launch a digital marketing agency that offers content strategy, social media, SEO services, paid and targeted advertising, analytics, web design, consulting and more. Although the vaccine is beginning to restore normalcy to everyday life, some lasting changes from this pandemic proof businesses time, like remote work, online retail and home delivery services, will carry over into the post-pandemic world. Plus, launching a business with the pandemic in mind means you can future-proof your new company for crisis situations like COVID-19. A boom in infrastructure projects has seen construction work top pre-pandemic levels, with an increased demand for housing fueling a rise in new projects. In November 2020, the value of all UK construction work reached £14.01bn – the highest level since pre-lockdown January 2020.
Online Video Games
A number of trends have been developing in the food and hospitality sector besides the shift towards takeaway formats that has been a lifeline for many cafes. Tan’s vision has appealed to investors, including Intel and Singapore’s state-owned funds Temasek and GIC, which over the years have backed Razer to the tune of $175 million. When the company went public in November 2017, Tan, then 40, earned the title of Singapore’s youngest self-made billionaire.
Since brick-and-mortar stores can close at a moment’s notice when lockdowns are imposed, micro and small retail business owners should have other options to continue their operations. In this pandemic situation, children are strictly not allowed to move out and therefore their outdoor gaming got stopped. So, you can build your idea https://www.bookstime.com/ regarding your online gaming app which has cool and unique features. For instance, Ludo King got great popularity during this lockdown period. Many companies are hiring freelance graphic designers for their business as online projects have increased. Thus, you can pick many projects from different companies at the same time.
- Industries where the largest percentage of respondents selected the top-rated response were considered to be performing better than industries where smaller percentages chose the same.
- Despite the pandemic, small businesses across the country are feeling hopeful about the future.
- When not writing, Rouselle likes to read books and binge-watch films and series.
- Prepare your business for emergencies and get support after a disruption.
- Thus, before setting up your business you need to have proper research.
- The COVID-19 pandemic has delivered a cruel blow to businesses over the course of the past 12 months, with entire industries effectively put on pause and little indication as to when they might be able to reopen.
1 – Real estateCOVID-19 has sent the world into a deep recession – the worst since the Great Depression of the 1930s. Redundancies and reduced wages have sadly become all too common in households the world over, but even with families feeling the pandemic-pinch, the demand for homes has been skyrocketing. With WFH becoming the new normal, people have been reconsidering their living arrangements, looking to relocate from city centres and showing a growing interest in larger properties with outdoor space.
- Learn more about grants, tax credits, and technical assistance programs for businesses affected by the COVID-19 pandemic offered through Empire State Development here.
- In fact, the industrial cleaning services market is expected to continue to grow considerably through 2025 due to the ongoing ramifications of COVID-19.
- Whether you’re making money from a big corporation, a small Etsy shop or a Youtube channel—you’ll need an accountant when tax season comes around.
- 4 – e-CommerceThe world of retail has been completely transformed by the pandemic.
- But a week later, the company shifted to Chapter 7 bankruptcy, meaning it will shut down and liquidate its business.
- The CO—100 is an exclusive list of the 100 best and brightest small and mid-sized businesses in America.