Louisville is Kentucky’s largest city and the 29th most populous city in the United States. The city is always blooming with opportunities for business owners to take a chance at becoming a fortunate company. Among several reasons that Louisville is known for, one reason is that it is the home to Kentucky’s six fortune companies including Humana, Kindred Healthcare, and Yum! out of 500.
So like we said, the city is always blooming with opportunities and is basically a hub of generating revenue. So, if you are currently residing in the city of Louisville, you have a great shot at starting a successful business.
Due to the 2020 pandemic, several employees have lost their jobs and many businesses were shut down due to a lack of revenue generation. While things are getting normal again, it is unlikely that the average hiring process would begin anytime soon.
The companies are still experiencing monetary loss and can only afford a few essential employees. For most companies, it’s a hand to mouth situation. We genuinely hope the best for everyone but there is little time to sit and be sorry about the virus that has claimed our future ruthlessly.
Since Louisville is a genuinely populated place, you can hope for good revenue and successful business with the right mindset. Several people have lost their jobs and started up a business.
So, what’s left for you to give a try without much competition? Below are a few business ideas that you can execute during the pandemic.
Business Ideas To Look Into During Covid
Due to the contagious nature of the coronavirus the restaurants, chefs and other food sources had to be shut down. Staying confined to your house without your favorite comfort food is not an ideal situation.
If you can make the recipes work, the catering business can be really profit gaining. While you won’t be catering to the big events or gathering but you can adapt to certain ideas such as meal prep kit and food truck delivery to give your business a start.
In such times easily accessible food with great taste is bliss itself. As a catering service, you should ensure the standard of hygiene as well as the flavor. Opt for cuisines that people generally opt for at the restaurant but prefer not to cook at home.
Digital Marketing Consultants:
Right now website development consultants are an important figure in the market. Since 99% of the businesses are racing to establish their digital presence, everyone is looking for an expert, a developer, a designer as well as a content creator.
If you have any digital skills, or you can curate a capable team, a digital marketing agency is an excellent option. The digital marketing spectrum is huge and it can include anything from logo designing to social media marketing.
Digital marketing does require strategic skills and expertise to establish a digital presence of a brand/ business, but if you have the resources it can work out.
The majority of the clients would require you to have some experience so make sure you have an expert on your team. It will take you a bit of time to build a portfolio but in the long term, there are no downsides if you have a capable team.
Real estate is a tricky business however, in the past few the real estate industry has seen a substantial amount of revenue growth. Since the covid started settling down individuals are looking for a new place to settle. This includes several newlywed couples and others who want to downsize their life.
Real estate can be a really good investment for a business if you have the expertise and the margin to handle the fluctuations in the market.
Real estate businesses are often partnerships between two or more parties. This is especially good if you are low on investments.
Real estate is tricky yet a good business especially with the property prices rising along with the purchasing power of the individuals.
Cleaning a stranger house doesn’t sound like an ideal idea. However, over the past couple of months, the demand has drastically increased. For working couples, it has become exceptionally hard to look after the house, family and the work simultaneously.
Working from home with a family can be a nightmare. At such times most families are opting for house cleaning services whether it is weekly or on a seasonal basis.
If you have the right equipment and liquids, house cleaning is fairly an easy job with good hourly pay. Read more about how to start a businesses cleaning industryand you will get a hand of it.
Homes Based Salon Services:
A home-based services salon is an absolutely delightful idea and even if you have competitors in the market, it wouldn’t be a hassle. Right now, spa and saloon are under strict restrictions to stay shut down.
People confined to their houses are opting for non-effective DIYS and self salon services. It can be frustrating when you can’t get your haircut right at home.
While home-based salon services might require you to possess a license and maintain the standard of hygiene, it can be a great business idea. Again, either you possess the skills or you can curate a team for the business.
Even if you offer the basic salon services, it can help you get by the pandemic hopeless economy.
Any Idea That Sparked Your Creativity?
Every business has its own perks and downsides and it’s up to you to evaluate those. Opt for a business that works in your favour and make sure that you are obliging all the legalities of owning a business. At such times it is extremely important to maintain hygiene and standard health measures.
Lastly, no matter what business you opt for, make sure to hire an experienced website development consultants to have a strong digital presence of your business on the internet. Regardless of the business nature, it is important that you opt for proper marketing and target the right audience.