With nearly 300 million vaccines administered in the United States, herd immunity is within reach. And with this, entrepreneurs may want to start thinking about businesses they can open once the pandemic officially ends. The pandemic compelled many businesses to close their doors due to low sales. But the post-pandemic economy may be kinder to businesses, especially with the issuance of new stimulus checks by the government. Entrepreneurs who are planning to set up a new business can consider the following ideas.
Online Toy Shop
An online toy shop is a good idea since toy kitchens and food are among the trending products for 2021, according to Shopify. Additionally, industry watchers expect the market for children’s toys sold online to increase by around 4.6 percent in 2021. The past five years saw the market increasing by an average of 7.1 percent. It only slowed down after the pandemic happened. But the gradual recovery of the economy will allow the market to recover as well.
The online toy market also increased recently, and the increase will hasten with the recovery of the economy. Additionally, the increase in disposable income will also mean more families will purchase higher-priced toys. This is mainly because spending on toys depends on the disposable income of the family.
One major advantage of setting up an online toys store is the lower operating costs when compared to opening a brick-and-mortar store. But entrepreneurs should look for legitimate suppliers of toys to avoid any legal issues in the future.
Dry Car Wash
Another option that entrepreneurs can look into is starting a dry car wash. It is a method of cleaning a car that does not use water. Instead, this method consists mainly of polishing and cleaning the car. Its popularity has grown since it allows people to save water while cleaning their cars. It is popular in several South American countries, including Brazil, Mexico, and Argentina.
The business does not require a big investment. It also requires a few people in the workforce. Entrepreneurs can increase the workforce depending on the demand in the market. The main tools used in the business are polymer-based dry cleaning products that can remove dust particles from the car. The other tools that the entrepreneur should get are brushes, buckets, polishing wax, polishes, degreasers, and sponges.
But if the entrepreneur is not keen on starting a cleaning business from scratch, he can also consider getting a cleaning company franchise. This business model allows the entrepreneur to start a business without planning everything since the company already set everything up. All the entrepreneur needs to do is to run the business.
Organic Food Delivery Service
Even as the organic food industry faced challenges during the pandemic, industry watchers expect it to bounce back after the pandemic ends. With this, entrepreneurs can look into the industry as a possible business idea in a post-pandemic world.
Despite the challenges, organic food and beverage sales went up by 13 percent in 2020. Nearly all categories in the industry went up in the middle of the pandemic as organic food consumers stocked up on their preferred food items in anticipation of possible shortages in the market.
With this in mind, entrepreneurs can consider setting up an organic food delivery service. Some people may still be wary about leaving the safety of their homes even after the end of the pandemic. This is a considerable market for entrepreneurs who are looking for new businesses to open. They can look for a reliable supplier and invest in a utility vehicle that will deliver the products. They can start within their city before expanding to surrounding communities and eventually the state. It can also consider looking at selling in different parts of the country in the future.
Drone Rental Service
The use of drones has become a growing trend through the years. Its market spans different industries, including agriculture, business inspection, photography, and real estate. It can also count film producers on its list of potential clients.
Companies looking to launch products may even get the services of drone operators. A South Korean car manufacturer recently celebrated its entry into the Chinese market using more than 3,000 drones. The event set a Guinness World Record for the biggest number of unmanned aerial vehicles flying simultaneously.
Due to this, entrepreneurs can consider starting their own drone rental business to meet the increase in demand for similar events. The initial investment may be significant, but once it makes a name for itself, it will see business increase.
While waiting for the pandemic to end, entrepreneurs can start thinking about businesses they can establish once everything goes back to normal.