Online Businesses Proven to be Pandemic-Proof
Entrepreneurs may be concerned about the current economy. Due to the COVID-19 pandemic, quarantines and stay-at-home orders, many businesses have shut down and filed for bankruptcy. Thousands of people have lost their jobs.
Starting a new business now would probably be a bad idea, right? Not necessarily. While a brick and mortar business may not be the way to go at the moment, an online business could prove to be successful. Many businesses have weathered the COVID storm because they never had to shut down — they’ve been online the whole time.
Right now presents a good opportunity for those who have been dreaming about their own business to actually see it in action. Online businesses have many advantages over physical locations. They have fewer startup costs and fewer overhead costs (such as no rent or utilities). While it may seem daunting at first, especially if your tech experience is limited, there are resources that can help.
With just a small investment, you can have an online business up running in no time. Here are three types of business you can start online, even if you’re not very tech savvy.
Blog
If you don’t have any products or services to sell at the moment, you can still make money by writing a blog based on your expertise. If you have a travel background, write about that. If you have a lot of knowledge about pets, create blogs about that. You can make money by incorporating pay per click ads. The traffic to your website will be based on the content, so make sure you write about a topic you’re familiar with and enjoy writing about.
Online Education
This can be a good choice for specific types of people who are knowledgeable about certain subjects and have a desire to teach others. You can create an online portal, complete with an online learning platform. You can offer live classes or upload videos that students can view at any time. You can teach just about any subject, from math to music to languages to graphic design.
E-Commerce Site
If you already sell products or have certain items in stock already, you can create an e-commerce site and sell them online. It’s not too difficult to do, plus you’ll save money on the costs of having a brick and mortar business. There are many websites that offer pre-made templates for DIY types. You can also hire a web developer to create a more professional site. Just make sure it is secure so that customers will feel comfortable shopping online with their credit cards.
Learn More About Website Businesses
While buying an online business may be easier than buying a brick and mortar one to some degree, there are still some things to consider, such as online safety and legal issues.
Orlando business lawyer B.F. Godfrey from Godfrey Legal can ensure your interests are protected. He will answer your questions and help you make the right moves. Schedule a consultation today by calling (407) 890-0023 or filling out the online form.
Resource:
bizreport.com/2021/01/3-online-businesses-that-are-easy-to-run-with-minimal-invest.html
