COVID 19, one of the deadliest viruses has incurred unforgettable losses to families, as well as immense slowdown and stagnation to economies worldwide. Unfortunately, Coronavirus is here to stay for a while, so do not let this virus stop you from doing what best can be done during these testing times. Do not lose hope and don’t let this virus weaken you. Lockdown is a temporary measure taken by governments of various nations to slow down the spread of the virus and to take appropriate steps to combat Corona in India.
Businesses have suffered huge losses and people have lost their jobs because of the massive economic slump caused by COVID 19. We cannot wait further without doing anything. Therefore, we have to become more aware, decisive, proactive, and think of businesses that can be started from home during lockdown for students doing graduation, working-class or post-retirement, as well. Some of the Best small business ideas after lockdown that can be started are described below:
1. Selling Healthcare Products
With the emergence of lockdown, homemade or small-scale mask making and hand sanitizer production has increased drastically to meet the surge in demand for a variety of face masks and hand sanitizers. Several entrepreneurs, small business owners, self-employed professionals, and MSMEs have opted to start face mask manufacturing and hand sanitizer business, shutting down their already existing businesses during the lockdown. To sell their products; business owners or manufacturers can directly contact local shops, retailers, and wholesalers to sell it further to local customers.
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2. Doorstep Delivery Business
In future years, the online delivery business will be in boom and customers will prefer buying products online, rather than visiting grocery stores, malls, and shopping complexes where there will be more possibility of getting infected. Doorstep delivery is the best alternative business during the lockdown period, in which various types of delivery services can be initiated, such as essential items delivery, grocery delivery, pharmaceuticals delivery, and alcohol delivery. Respective licenses shall be required to be obtained from the concerned authority to start a specific delivery business.
3. Food Delivery or Tiffin Service
Recently, the Indian Central Government granted permission to restaurants and food outlets to sell food via online platforms and deliver it with the help of delivery vendors. You can also start a new business by starting a kitchen of popular or desired cuisine that is in demand in your area. The initial investment required is minimal that requires the purchase of raw materials with skilled and professional staff, including chefs, helpers, etc.
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4. Online Tuition Classes
Students are struggling to reach schools and colleges amid the COVID19 outbreak, their education is getting hampered with the passing of time. To make the most of this situation; professionals with knowledge, skills, and expertise in any specific field or subject can start online tuition or coaching classes for students. You just need to have a laptop, an internet connection, and a smartphone to start with online tuition classes.
Know Also: How to avail loans under the Stand Up India Scheme
5. Becoming a YouTuber
People have started earning a decent amount from online social media platforms, among those YouTube is considered the most lucrative and popular. Yes, becoming a YouTuber is trending, if you are really passionate and possess a unique style or aura to make as many followers or subscribers of your channel. This idea of becoming a YouTuber can churn you as a regular source of income. Earnings from YouTube are based on only one concept that is more the subscribers are, the more becomes the earnings.
6. Paintings or Artwork
Artists have ample amount of time to showcase their talent by their paintings or any specific art form. Artists are well-equipped with the material required and just have to present a virtual exhibition online to sell their artwork and further deliver it at the customer’s address. If artists have sufficient space to display their paintings, they can launch an event and exhibit their talent.
Also Read: Most Successful Small Business Ideas for Beginners in India
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Additional Businesses
- Online consultancy business
- Freelancing or blogging
- Website development business
- Photography business
- Homemade clothes, wooden toys, handbags, greeting cards, etc.
- Kitchen accessories and plantation items
- Candles manufacturing business
- Gifts items like antiques, picture frames, ornaments, customized cups, perfumes, ceramic goods, and much more.
Also Read: What are some small business ideas for housewives?
Conclusion
You can also look for things that are readily available and can be used as per the demand in this time of crisis. Even the smallest of objects can make a big difference in healing the global economy during these hard times. Stay optimistic, don’t lose hope, be aware, and have a lot of patience to fight this pandemic. Everyone is combating this deadly virus and the whole world is working together to eradicate COVID19. Treat lockdown as a period of invention, learning, and knowledge that shall nurture a bright future for mankind.
66 Comments
Sir, i m kush p khara from Bombay and I m searching some business leads in media sector. What can I do?
Sir, i m kush khara from Bombay and I m searching some business leads in media sector. What can I do?
Hello Kush,
At Paisabazaar.com, we can assist you with information related to lending products like credit cards and loans. For any specific business leads you need to approach the respective sector or organization.
Thanks.
I’m a student and i’m doing graduation.
But after graduation i don’t want to do job.i want to do my own business.
Hello Raj,
It is a good idea to start a business after your graduation and for that you can take business loan from Mudra loan scheme started by Government of India. As you shall not be having financial history so it shall be difficult to take loan from private banks like SBI and HDFC. So start building financial history by taking credit card then loans to further maintain good credit score.
Thanks.
I am a movie director n i made 4 regional movies (chhattisgarhi language). Now lock down pushed me at the corner of despair. My savings are atleast finished now…, and for new business, there’s need place, shop and money and atleast 6 months to keep running, and i haven’t these thing yet… What can i do, plz suggest me.
Hello Mukesh,
Yes, we can understand that due to this pandemic, not just individuals but global economy has taken a hit. To overcome the losses or to start a new business, you can take business loans up to Rs. 10 lakh under Mudra loan scheme from Pradhan Mantri Mudra Yojana. Secondly, you can also choose from various private and public sector banks, NBFCs, Small Finance bank, Regional Rural Banks, etc. Other Government initiated loan schemes include CGTMSE, PMEGP, Standup India, Startup India and many more.
Thanks.
DEAR SIR I WANT TO START MINI CAFE OR FAST FOOD SHOP ON MY RESIDENTIAL PLOT AS PURCHASED ON LOAN, IS IT POSSIBLE TO START THE CAFE ON SAME?
KINDLY PROVIDE NECESSARY POINTS AND SUGGESTION WITH USEFUL LINKS.
REGARDS
Hello Ajay,
If you want to start a business in F&B sector at your own residential premises, then you shall shave to take permission from the respective municipal authority and state division, as per the location of the business. We can guide you to take best available business loans at competitive interest rates.
Thanks.