We currently find ourselves in uncertain times. Shops are shutting, people are losing their jobs and we are housebound with only our immediate families to keep us company. It might sound like a strange thought, but right now might just be the ideal time to think about starting your own business.
The main reason for this is because there is a chance that you have never spent so much time at home with not much to do. Which gives you the perfect opportunity to come up with some business ideas during Coronavirus!
Not sure where to start? To help you out we have put together this business blog to help you to figure out whether or not any of these business ideas are going to be worthwhile you trying out for yourself.
Or maybe you are wondering whether you should work for yourself at all – give our ‘Should You Become A Full Time Entrepreneur?‘ article a read which may point you in the right direction.
Are you a creative person? Have a talent such as sewing, painting or making little ornaments or collectibles that other people love? If this rings true for you then you might want to think about setting up as an Etsy Seller.
The process itself is easy enough to do, but you will need to have some stock behind you in order to take photos and be able to set up your online store.
You are also going to need to think about things such as turnaround times on any custom orders (if you are going to offer this service) as well as how you are going to pack and ship items during the current situation.
Get started on Etsy by clicking here.
Freelance Blog Writer
Writing isn’t something that comes easily to everyone, which means that if you can put together some great content, then there is going to be a business out there who is really going to value this skill.
The great thing about working as a freelance blog writer is that you don’t have to have anything to sell or pay out large amounts of cash for stock in order to set up your business.
You just need a computer and your own skillset and you are good to go – a perfect business idea during the Coronavirus pandemic!
You are going to need to secure clients of course, and this can be hard when you first start out and have no portfolio or feedback to show potential customers.
The good news is that there have been plenty of freelance sites set up that feature a number of posted projects that you can “bid” a price on and then if the customer likes what you have to offer, then they can hire you.
Buffer have written a great article which includes top tips from experts to beginner writers.
Freelance Social Media Manager
If you are tech minded and you are someone who understands social media, then you might want ot think about using your online knowledge and become a Freelance Social Media Manager.
Whilst you can start out with the most basic level of knowledge, there are businesses out there who are looking for experience, which means that you might need to think about taking a training course to extend your knowledge and make sure that you know more technical aspects of posting on social media for a business account.
Much like becoming a blog writer, a freelance social media manager doesn’t need to have any stock to sell their customers. However, they are going to need to find a portal that they can advertise and secure work through, again, there are websites out there that are designed to help you to get on this particular business ladder.
Have a read of Katie Barbers article on how to become a social media manager.
Amazon or eBay Business
If you have space to store stock, as well as a way to source it, then you might want to consider setting yourself up as an Amazon or eBay business.
These are both incredibly easy to do and give you access to a wealth of people, something that you wouldn’t be able to do if you were trying to set up your business alone.
Aside from having to be able to afford and source your stock; you are also going to need to think about things such as writing content for the products that you have as well as taking photos.
his can be hard to get right, which means that you may need to practice, or perhaps ask for expert advice on the best approach to take.
You are also going to need to think about the fees that you are going to need to pay out for using these portals and consider how the items will be shipped when they are purchased.
CrazyLister have a complete sellers guide for eBay which is worth a read.
Social Media Influencer
One business idea that seems to be gaining in popularity at the moment is becoming a social media influencer. T
he idea of this is that you use your own social media profiles (usually Instagram as this is most accessible for these types of posts) in order to advertise and promote things for businesses.
Some influencers will receive freebies for their time (often classed as gifted in the social media world) whilst others will be paid money depending on how well the post actually performs.
In order to become a social media influencer you are going to need to be social media savvy and be happy sharing regular photos and videos of the things that you are promoting.
It is also a good idea to have somewhat of a following yourself before you set up as this is something that businesses are going to want to see before they offer you the position of being their influencer.
Shane Barker has a comprehensive and realistic approach to becoming a social media influencer.
Whether it is to keep your mind active, to take a different career path or perhaps just raise some additional money at a time when you are finding things tough, why not use this current situation to come up with some business ideas during Coronavirus?
We won’t be in this situation forever, however, it is likely that the impact will be felt for some time to come, which means that anyway that you can try and keep yourself secure financially and work wise in the future, is always going to be a good thing!
Wondering what else you could start on a low budget once this Corona madness is all over? Give our article showcasing 9 low budget businesses you could start in 2020 a read.