Coronavirus Impact on Business
The coronavirus pandemic is turning economies and our daily lives upside down. Businesses closing down in Australia and across the globe in the daily news. Some larger companies that provide home entertainment, hand sanitizers, delivery services, pharmaceutical research and even toilet paper (who would’ve guessed right?) are taking good advantage of the situation. Indeed not to forget supermarkets, pharmacies, vets, Petrol stations, banks, and Child care centres that are doing fine. it’s important that small businesses across the world weather the pandemic. They are vital to any nation’s economy. But in such an incredible crisis, how? Here are three ways entrepreneurs can protect themselves.
1. Secure liquidity
2. Ensure access to capital
3. Engage with policy-makers
Corona Myth Buster1: Taking a hot bath does not prevent the new coronavirus disease
But it’s not just these large companies that are benefiting and looking for ways to help.
Challenging times can create opportunities for some small businesses too. And while many of smaller clients are struggling, and no one is happy about their financial portfolios nowadays, some entrepreneurs are finding themselves in a better financial situation just because of the types of products and services they sell.
Corona Myth Buster2: The new coronavirus CANNOT be transmitted through mosquito bites.
We recently, brainstormed with a bunch of people that are business owners on the Facebook group, Here is the list of businesses unaffected, in-fact many of them are booming because of the current situation. However, We think there could be many more businesses that can work online. Most of these businesses are online because there is no personal interaction with the clients or requires delivering essentials to the client’s place.
- Virtual Assistants/Call centers
- Digital, Social & Affiliate Marketing
- DNA Specific Nutritional support
- Financial services
- Beauty Gurus – people still want to look & feel pretty
- Restaurant & Food Deliver Business
- Life Insurance
- Online Health & Wellness Business
- Debt solutions
- Coaching services
- Alcohol & Beverages
- Online Courses
- Wealth education
- legal services
- Online Training ( fitness, yoga, educational and so on)
- Wine Home delivery
- Holistic products & Mental Wellness
- Medical cannabis, hemp and CBD business
- Online Trainings for kids
- Professional Organizer- Online Consultation
- Mindset Coach
- intuitive reader/spiritual counselor/healer-Online Consultation
- Virtual Author Coach
- Online Beauty products
- Online Sign Language Coaching
- Money Coach
- Accounting services
- Life Coach
- Business Coach
- Pet Health Coach
- Fengshui services
- Podcast Editor
- Aroma therapy products-Online
- Virtual Personal Styling
- Graphic Designer
Corona Myth Buster3: Antibiotics do not work against viruses, only bacteria.The new coronavirus (2019-nCoV) is a virus and, therefore, antibiotics should not be used as a means of prevention or treatment.
The coronavirus pandemic is a major issue and people are dying because of it. Let’s be careful and kind. And let’s also be grateful that there are many entrepreneurs and small businesses who are already helping to fight this battle.
Since you’re here..
If you are starting any of these new Businesses and in need of a strategic website design & Build + Social media Marketing for your existing Business contact us at http://www.digitallydiv.com.au
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