According to the World Bank, SMEs represent 90% of all businesses. This means you don’t have to feel guilty about leaving the corporate world if you ever choose to explore a small business opportunity. Investors want to be in the hubs that will propel a wave of successful entrepreneurs – as they seek profitable ideas.
However, the main question in between is what kinds of businesses can sustain you midway through a pandemic – and which of them were also viable before the pandemic, to ensure their long-term sustainability.
For investors of course, stocks like Udemy, Fiverr, Microsoft, Etzy, Amazon have done well in these turbulent times, and these companies are aligned with the new economy of remote work, education and creativity of various ways. For SME founders, it’s more about survival and short-term ROI. Remote work and home businesses are the number of people surviving the global pandemic. Here are some of the most profitable work-from-home or remote work ideas that don’t require as much capital.
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Since the pandemic, many businesses and independent contractors in the beauty industry have transformed their businesses into remote salons by offering virtual consultations and easy-to-use beauty toolkits and products, and it has worked. Ever since business owners like Brittani Strong, founder of Social Beauty, began enabling thousands of women around the world to run their beautician business from home or remotely with Designer Lashes, the mobile beautician business is booming globally. Here are more details.
Fiverr.com have continued to grow during the pandemic: they have increased by 11% in the last 12 months with more than 60 million visitors per month. With so many businesses still operating almost entirely online, many businesses are now hiring virtual assistants to help them stay organized. Virtual assistants essentially work from home for clients in a variety of industries providing a variety of administrative, creative, and technical services. Virtual assistants are in high demand these days and all you need is an internet connection and a laptop.
Udemy.com has over 100 million visitors per month and according to an external web analysis by Similarweb, they have increased by 7% in the last year. For those with a passion for teaching, online tutoring is a surefire way to make money in 2021. With so many students of all ages having missed so many days of school due to the many school closures in Nationwide around the world, many parents have found online tutoring companies to help their children learn and stay sharp. If you enjoy teaching, you can start an online tutoring business using a video conferencing program.
As with education, technology makes it possible to perform many accounting services online. If you are an accountant or bookkeeper and want the freedom to run your own business, you can take advantage of modern technology to start your accounting business online and take on other businesses as clients.
If you know a specific subject, be it business, social media, marketing or human resources to name a few, you can start a consulting company where you will consult with companies and specific to your area of expertise. You can start your consulting business on your own at first and later hire other consultants as your business grows.
If you are fluent in several languages, you can open a translation service. Translators provide businesses and individuals with a variety of services, including translating articles, other written works, and visual materials, and sometimes serve as telephone translators for businesses and individuals involved in international trade agreements. With an Internet connection, you’d be surprised how far an in-home translation service can go.
Writers will always be needed to formulate news articles, create content, and come up with creative ideas that grab people’s attention. Many companies these days don’t have in-house writers, but outsource their content and hire freelance writers to do it for them. As a freelance writer you can get into creative writing, technical writing or resume writing, the possibilities for freelance writers are endless.
Virtual personal trainer
Physical and mental health has never been more important, and while many gyms and fitness centers continue to operate, many people have found alternative ways to stay fit during the pandemic. As a virtual trainer, you can offer virtual fitness classes as well as one-on-one sessions with individual clients and train with them like you normally would in a gym.
If you can handle yourself in the kitchen, becoming a caterer may be the perfect remote activity. Although you need commercial kitchen equipment and appliances to get started, most of the organization, planning, marketing, and actual work can be done from your home and delivered to your customers.
All businesses, from large corporations to sole proprietors, need compelling promotional materials to attract customers, and if you have an artistic gene and a knack for organizing content in a visually pleasing way, you can start your own graphic design business. and provide all kinds of promotions. content to a crowd of customers. Starting a graphic design business also has the advantage of requiring very few physical tools, besides a laptop and an internet connection.
For the investor, there are titanic shifts in the market – many of which are worth pursuing. For those looking to start a new business right now: Finding a high-paying opportunity where you take control of your future and enjoyment doesn’t have to be difficult. According to the AI and research team behind the TRUiC business idea generator, a company run by philanthropist Nagabhushanam “Bobby” Pedi, it can also be tailored to your preferences and personality.