Which businesses are thriving during COVID-19?

Which businesses are thriving during COVID-19?

When the human lives are at stake due to the pandemic disease outbreak called COVID-19, sustaining business seems to be the secondary wish list for many. Living healthy with the family is the primary aim for everyone across the world. Naturally, when humanity is struggling to live and get a rid of COVID-19 spread out, businesses on the other side are falling apart in nations. The adverse effect has fallen on almost all small, medium or large corporate ventures. 

However, there are alternatives scenarios as well. Few businesses are thriving during covid-19. Some even are making good use of the current scenario and earning extra revenue for their businesses. Here in this article we will discuss on some of those businesses opportunities which are showing impressive track records even during the COVID-19 outbreak across the world.

What are the business opportunities at this time?

When many businesses are seeing black and blue and their existence are in challenge, some commercial platform are blooming and turning out to be a great revenue hub in the business market. Below are some of the businesses which are thriving even though COVID-19 emergency is on in nations:

  • Delivery Business
  • Fitness and gym industries
  • Online consulting and information sharing business
  • Hi-tech medical equipments and machineries
  • Drugs and pharmaceutical industries
  • Software development

Prospective businesses and their activities in COVID-19 pandemic

Delivery businesses

Supply chain and delivery businesses turn out to be in great demand during the COVID-19 outbreaks. When nations are following their own lockdown procedures, these delivery businesses came up with even more advanced options, such as touch-less product delivery and product drop off service. Many restaurant and chain fast food industries have already deployed such delivery services.

These businesses are making employment opportunities for many during this critical condition. Nevertheless, those businesses kept two things in mind, which are employee health and safety and absolute hygienic measures during product delivery to cut out any possibilities of further pandemic outbreak in community. 

Fitness and Gym businesses

Health is wealth. This means when you live healthy, you can thrive well. Such concept is well engraved in   many individual’s brain in this critical condition. Many have seen to show extra interests in doing gym and keeping themselves fit during this period. Gym and fitness centers as a result are thriving rapidly during this scenario.

A local survey conducted shows that, residents are more prone to fitness and gym centers during and health hazards in the environment. After all, many believe that only fittest have a better chance to sustain the harsh conditions.  COVID-19 pandemic is that harsh condition, and gym and fitness business therefore seeing great prospective in this time.

Online consulting and information sharing business

When face to face communication means risk, many consultancy businesses took a turn towards technology support.   Online consultancy turns out to be a big hit during corona crisis. Those businesses not only seem to provide advises on a particular field, but they are providing customers with valuable information as well. These consultancies and information can prove to be useful to sustain other businesses during COVID-19 lockdowns.

On the other hand some consultancy agencies have opened help centers and hotline services, which act as emergency directory and communication connecting services. Online consulting service is turning popular both client and consultants are benefitted in this particular service. Additionally this way of taking consultancy service is much safer as far as virus outbreak is concerned. Such consulting field includes business, legal, medical, psychiatric and emergency security services.

Hi-tech medical equipments and machineries

The demand for secured as well as hi-tech medical equipments and machineries supply is in peak at this crisis period.  Weather it is safety mask, medical hazard goggles, or other personal protective equipments or PPE, ensuring quality and new innovations on those materials are making doorways of opportunities for many businesses and companies.

Many companies are coming up with innovative ventilation and artificial respiratory equipments, which are readily in demand by many medical and hospitals all around the world. Many companies are manufacturing corona virus detection test kits, and more Hi-tech PPE suits. These are in great demands in this grim period. Therefore, relevant businesses are thriving during covid-19 crisis.  

Drug and pharmaceutical industries

When the COVID-19 Crisis is on the loose, drugs and pharmaceutical industries are spending their busiest hours. Each and every company is looking for COVID-19 remedies and breakthroughs. The companies know that, the world is looking at their ways. All are expecting one of these companies coming up with a vaccine that can cure COVID-19 once and for all. 

Pharmaceutical industries are also busy on manufacturing other products, such as hand sanitizers, safety gloves, face masks, primary medicines for suppressing the infections at primary level, as well as necessary medicines required to other general patients. As people are more concerned about their and their family’s health, the purchase rates of daily medicines are at the peak. This makes drug and pharmaceutical industries a profitable business sector during Corona virus spread out.

Software development

This is an unexpected business sector that is putting on great expectations among software development firms all around the nations. Although the development of business software are seeing bad days, computer and mobile software that provides corona updates are in great demands. Many developers are coming up with software that has emergency corona alert service.

Some software is equipped with direct healthcare and hospital notification and communication service. Software industries are constantly coming up with useful apps which can make life easier, safer and healthier, even when lockdown is in action. The IT and software companies are coming up with more and more convenient mobile and pc applications that are making life easier for commoners, security forces and frontline medical personals in this COVID-19 outbreaks.

When other businesses are at risk in this global crisis, Software developing firms, on the other hand, are getting good responses for their remote office software. This category of software improves home offices system and remote businesses. To sum up all these, it seems like IT giants, software firms and relevant businesses are thriving during COVID-19 quarantine period.

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How businesses are responding to COVID-19

COVID-19 affects on small businesses in Malaysia

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