Popular Top Business during the Pandemic COVID-19

top business during the pandemic

There are many local companies and markets suffer great losses because of the COVID-19 pandemic. Some even have to resort to closing their shops and business because of the pandemic. However, strangely enough, there are few top Business during the Pandemic that thrives fairly well. Even with the death toll from Corona, there are few businesses 

Several companies are adapting to the pandemic faster than others, especially that there is a high demand for specific items. Let’s explore varieties of businesses that have been thriving in the middle of COVID-19. 

Because of the pandemic, several businesses instead of suffering have shown an impressive high demand for the mass. Below is the list of top business during the pandemic to take a look at. 

1. Cleaning Service

The reason for this is because of the high demand for cleaning supplies, equipment, and services for decreasing COVID-19 infection in the neighborhood. Additionally, some companies admitted that they hired additional workers because of the high demand for cleaning services and goods. 

2. Game Makers

Because of the recent COVID-19 of forcing civilians to stay at home, game makers have been selling their goods faster than before. In the midst of the pandemic, people would try to find any source of entertainment to avoid boredom. This is where game maker roles in the pandemic, board game, and game consoles are sold out pretty fast to ease people’s boredom inside their houses.

Additionally, some game makers thrive on making creative games for children who have to stay at home for them to mingle and learn. Lately, the sales of Animal Crossings have skyrocketed and the popularity of Nintendo Switch reached the eyes of adults who usually don’t bat an eye to the gaming community.

This showed how much games are necessary for people to stay inside their houses and avoid infecting themselves with the pandemic.

3. Food Delivery Service

The food delivery service is pretty popular because of the command of decreasing human contact. Delivery service is practical and efficient for people who want to order takeout food. Following the trend, some small businesses offer meal delivery services to boost their sales and brands. Many small food businesses that offer delivery services have admitted that new customers and old customers return frequently to them because of the pandemic

4. Frozen and Instant Food

The high demands of frozen and instant food skyrocketed because it is implied to be the easiest food to cook in the house. Especially in dire times where it’s hard to go to the supermarket and scared mingling with other people. 

They would want to stock their food supplies to decrease their contact with other people. 

5. Canned and Jarred Products

The same reason with frozen and Instant food, these types of food are useful for emergency measures. For example, tomato sauce and mayonnaise are in high demand as food dressings. Therefore, increasing the sales of canned and jarred products unlike before. 

From the examples above, it is concluded that most top business during the pandemic proven to be food manufacturers and delivery. This is because food is a necessity for people to eat daily. Additionally, games and any form of entertainment are also necessary to avoid boredom of staying inside the houses.

5 Most Uncommon Business Ideas With Low Investment You Probably Want To Try

uncommon business ideas with low investment

Recently many new businesses form appear around you. It starts with fashion, culinary, education, property, and others. Indeed, this digital era helps people to turn anything into money. But, there are also several unique businesses you might not know before. These uncommon business ideas with low investment already proven profitable. Thus, we are here want to share just in case you are looking for the other income.

When you are talking about business, the investigation is one of the issues. However, it determines how big the scoop will be. Some people believe that the bigger you invest, the bigger the profit you will get. Is that all true? Well, seeing these uncommon business ideas with low investment show a different reality. See the list of the business below so you know that low investment can result in a high profit:

1. Product Reviewer

This profession has been popular today. You might find some vloggers do this. However, we can say they are a reviewer. There is nothing to do than giving a review of a product. Many brands need a reviewer as their brand awareness or marketing strategy. You can offer your self to do it, then make a review through your YouTube channel or your blog.

2. Graphic Designer

If you have a certain skill, then it is time to make money from it. We know that there are already many graphic designers outside. But when you are able to offer a unique concept, you can win among them. Just find fresh inspiration for the logo, poster, magazines or newsletter, and others. Offer your self to a company, whether it is a small or big one. Follow their brand guideline or as they want.

3. App Developer

The raising of digital makes many companies concern about their mobile app development. Indeed, the existence of this app helps people so much. For example, in banking, shopping, reading, and many more. If you have skills in developing an app, then make your own! After that, do a promotion so people will aware of your creation. The advantage of doing this business is you can do anywhere, including at home.

4. Translator

This is the easiest and lowest business investment you can try. Many industries need a translator for their needs, such as translating a legal document, research journal, and other documents. You will get more advantages if have skill more than one language. The more language you are master in, the more various project you can accept. Talking about the fee, it depends on the project or company deals with you.

5. Financial Advisor

Believe it or not, managing money is not as easy as you might think. Many people are not capable of budgeting for their monthly expenses. Thus, it is time for you to get the CFP (Certificate Financial Planner). By using that certificate, you can start a financial consultant business. As time goes by you get many experiences, your payment will be higher too.

Those five uncommon business ideas with low investment are really easy to start. You worth sacrifice a little time to think to start one of them. At least you spend time to get a better income. Because you can’t deny at the same time your needs cost is raising too.

Tips On How To Avoid Loss In Business

how to avoid loss in business

These days, more people and youth people run their own business. Starting from products and also services. However, running a business is never easy. Not fewer people seem to have a loss. Moreover, some of them even fail by getting bankrupt. There are many reasons starting from the wrong calculation, and over budget, and so on. People should often study and read about the tips on how to avoid loss in business.

However, there are some times that people would need to get through loss during their experience. For example on their first 3 months. People would need extra effort in their publishing and marketing side. But sometimes people would already have a specific budget. People would need to avoid loss as often as possible. To help out, here are some tips on how to avoid loss in business.

1. Develop a New Program

The first thing to do to avoid loss is with developing a new program. Companies or businessmen should make a business plan and develop a new program. It is important to bring new things and solutions to the market. It would increase and even interact with new markets as well. People would get bored and get less interest if the company does not develop new ideas and programs. If the company often comes up with new and creative things, it would avoid the company from getting lost.

2. Employee Participation

Another tip on how to avoid loss in business is by participating in the employees in the events and programs. Rather than using outsources or hiring other people, they should use their employees. As an addition, the company could even give an award for the employees that participate well. Not only would it avoid loss but also save more budgets.

3. Collaborate with Other People

The next tip is to collaborate with other people or companies. It is now popular that companies collaborate to increase their brand. Besides that, the company would also able to avoid loss and even get more income. Collaborating has a lot of advantages not only for the company but also for the employees and even the market as well. However, do not forget to research before asking other companies for collaboration.

4. Evaluation

The next tip on how to avoid loss in business is to do an evaluation. Besides creating new things, it is also important to evaluate what have done in the past. Starting from the event, the employees, the product, the market, the customer, and more. Companies should do evaluations at least 3 times. Starting from each end months, the middle of the year and the last time of the year.

5. Well Management

Another thing to pay attention to is on the management. Great management would create great teamwork that would also create the best result. This would definitely avoid a loss to the company. To increase it, the company should do several activities such as training and upgrading.

 People should often learn about tips on how to avoid loss in business. Not only the tips would help people on avoiding loss. But it could even help them to get a better income.

Rules For Product Innovation Management That Are Important To Know

rules for product innovation management

To create and introduce ideas, processes, or new products industrially, companies must understand innovation management. The aim is to make changes in business processes or services for the better. However, innovating a product must be correct to get satisfying results. The following are some rules for product innovation management:

1. Use Strong Leadership

In innovation strategies and portfolio decisions, product innovation management must use strong leadership. Leadership is indeed a major factor in running an organization or company. The purpose of using strong leadership is to design an innovation portfolio. In addition, it determines the innovation strategy and encourages the creation of a truly stable value.

Because of that, the clear direction of the top of the organization has a goal to motivate and support. In addition, being able to appreciate all activities that encourage people to make their own innovations. For this reason, strong leadership must be the rule in product innovation management.

2. Integrate innovation into the company’s business mentality

One of the rules of product innovation management is integrating innovation into a company’s business mentality. To innovate is not as easy as taking a rabbit from a magician’s hat. But everyday innovation must be part of the way entrepreneurs do their business.

That way, a quality company will certainly have a good business mentality. And to have a good business mentality, a leader must be able to adjust management innovation with that business mentality.

3. The Amount and Type of Innovation with the Employer’s Business Must Be In Line.

Another rule for product innovation management is to align the types and amounts of innovation with the company’s business. For your business strategy, innovation can be a key to success. Therefore, companies must support business strategies by determining the type and amount of innovation needed.

You can use several types of innovations together to get better results. For that, you need to be able to adjust what type is appropriate for your business strategy and how much innovation you should use.

4. Neutralize Organizational Antibodies

One of the rules of product innovation management is to neutralize organizational antibodies. Every company certainly has an antibody organization that can compete with other companies. Innovation requires change, and change stimulates explicit things. Besides cultural norms become obstacles or can negate change.

Therefore organizational antibodies must be neutralized so that innovation can take its role. So that product management innovation can provide change for the better.

5. Be Aware That Basic Units are Inside and Outside the Organization

Recognize that basic units or basic innovations are networks that involve people and knowledge. Which people and knowledge inside and outside the organization are important in innovating. That will be one of the rules for product innovation management that you need to know about.

In general, a successful organization will excel in combining internal resources with certain parts. This has become an important component in running a business so companies must know or realize it.

6. Managing Creativity and Absorption of Values.

The next rule when creating product management innovations is managing creativity and absorbing values. Companies need strength so that both are stable in innovation.

Creativity without the ability to be a business advantage might be fun, but it won’t last long. Even so, people will be more inclined to choose profit without creativity even though it only applies in the short term.

Those are rules for product innovation management that are important for you to know. In running a company, it is not easy to maintain product stability. For this reason, it is necessary to make good product innovation management and in accordance with the rules.

The Aspects Of How To Analyze Business Opportunities In Culinary

how to analyze business opportunities

Culinary is a promising business in this era. Especially with the presence of online delivery service from several platforms. Moreover, the margin from the culinary business is bigger than in other sectors. However, since there are many kinds of culinary that are growing, there are also a lot of people that are broke. Which finally makes them close their business. People should have to be able on how to analyze business opportunities in culinary to survive in the competition.

how to analyze business opportunities

Paying attention to how to analyze business opportunities is important. Whether for people who are planning to start a business or for people who are already running one. Some people might choose to hire a man people analyze it. But a wise and successful entrepreneur would directly search it for themselves. Here are some useful tips and aspects that people could use while analyzing their business.

1. Choosing the Product

The product or service is one of the most important things in business. To create the best and useful product, people need to know first what the customer needs. People need to find out and know what people need and want. People could find out by observing the market on what people mostly buy. Moreover, people could also create a product that has never been made before. It could be a breakthrough for the market.

2. Have Modal to Develop

The next thing on how to analyze business opportunities in culinary is to prepare enough modal. People need to be able to analyze what the modal would be used for. They need to separate the things on what to spend. Moreover, the modal would not only be used for the operation but also it could also be used for analyzing. However, make sure not to spend too much as well on for analyzing.

3. Make a Business Plan

To know the opportunity in business, people would need to make a business plan. But that’s just not all, they should also make some alternatives to it. With making the plan, people would then could analyze whether their product or service is accepted or not. Moreover, people could also know the market’s character in their business.

4. Know the Risks

The other step on how to analyze business opportunities is to know the risk of each step. To help people analyze the opportunities, owners must know the risk of each plan and each step. For example, the changes of the market needs and the competitor. Moreover, about the climate changes and the government policy that would affect the business.

5. Do not Hurry in Getting Profit

Another thing to pay attention to when analyzing the opportunities is to not hurry to get profit. Even though the main propose is to get profit. However, sometimes people must put aside it for the business running. By putting aside, the profit, people would then be able to focus on reaching the analysis result.

Building a culinary business is exciting and also challenging. However, make sure to know the aspects of how to analyze business opportunities in culinary as well. Not only it would increase the income but also success in the long term.

Is It Worth Taking Business Loan? Reasons To And Not To Take Business Loan

is it worth taking a business loan

When starting a company, sometimes people find it hard to collect the fund needed to build the business. To make up for the insufficient fund, some of them try to take a loan in order to start the business. But is it worth taking a business loan? Well, if talking about business loans, there are many pros and cons to it. You may consider it after you read the reasons to take the loan and not take it.

is it worth taking a business loan

Why You Should Take Business Loan

Taking a business loan can save you from a financial crisis. Moreover, if you just starting a company. However, you must calculate how much you should pay back the loan before taking it. Here are the reasons to take a business loan.

1. To Expand The Company

The larger operations of a company then the larger the money needs to cover. And for a small business or new business, expanding it may be a little hard if it just depends on the operation’s fund. That’s why you need the loan so you can expand the business as you like without make it hard for the company’s operations

2. Buy Inventory Ahead

When starting a company, you may wonder about is it worth taking a business loan? And yes, take a business loan may be worth more than it seems. That’s because you need to invest in the products before the customers buy them. And once you’re on business, you need to replenish and expand your inventory to upgrade the company quality in customer’s eyes. Without the loan, such a thing is hard to manage.

3. Change and Purchase Equipment

Equipment is one of the important things to run a company. Unfortunately, equipment is a thing that wears down easily and needs to be changed periodically. However, some of the equipment is very expensive to purchase it, the company fund can wear down. In case of that, a loan can really help the company to continue to run the business.

Why You Shouldn’t Take Business Loan

Although a business loan can save your company in the brink of crisis, it can be the reason for your company’s fall. Moreover, if you take it recklessly without thinking ahead. Below is the reason why you shouldn’t take a business loan.

1. Can’t Afford To Pay Back The Loan

You shouldn’t take a business loan if you don’t have any idea how to pay it back. Sure you want to expand your business, but stop it if you don’t know whether you can pay the bills or not. Taking a loan without thinking will only lead your business down.

2. The Interest is Too High For Your Company

It is not a secret that the interest of loan increase if the company’s reputation is low. That’s why if you find your company has a low credit score and judged as risky for the investment, you should stop seeking a loan. If you still insist to take a loan, you may find yourself in a great crisis when it comes to paying it back.

When running a business you will be faced with options to take a loan or not take it. You should know the best what’s better for the company. Then when asked is it worth taking a business loan, you can answer it.

Some Innovative Land Casino Blackjack Games

The vast majority of the advancement and improvement at online club happens in the slot online machine classification. You will another blackjack or roulette game in years. Here is a glance at some imaginative land gambling club blackjack variations. Ideally, some online gambling club programming engineer gets a portion of these games sooner rather than later.

Consume 20 Blackjack is a blackjack game in which the player won’t confront a 2-card hand of the vendor that has an estimation of 20. On the off chance that the vendor’s face up card has an estimation of 10, he will check the opening card. On the off chance that the opening card additionally has an estimation of 10, at that point the vendor consumes the two cards and draws two new cards from the shoe. This procedure is rehashed the same number of times as required. The favorable position that this gives the player must be redressed. On the off chance that the vendor busts on 22, at that point the arrangement will push rather than the player winning. The resultant house edge for Burn 20 Blackjack is just 0.80%, which is about equivalent to the typical land gambling club blackjack variations.

In Free Bet Blackjack you can twofold and split in specific situations for nothing. The player can free twofold on hard aggregates of 9, 10, or 11 with any number of cards. In any case, he will be managed just a single extra card after the twofold. On the off chance that the seller wins, at that point the player loses just his unique bet and is restored the twofold bet. In the event that the player wins, at that point the payout is according to the standard twofold wager. The player can free spilt on all sets aside from tens. The payouts are made similarly as the twofold. The remuneration for this bit of leeway is that the vendor pushes on 22. The house edge for Free Bet Blackjack is 0.80%.

Typically ties bring about a push in online blackjack variations. Ties Win Blackjack is unique. Ordinary successes pay even cash. Likewise, all binds pay 1 to 2. A reasonable piece of remuneration is required for this bit of leeway. To begin with blackjack wins pay just even cash, rather than the typical 3 to 2. At that point, players may just hit and stand. Twofold and split moves are not allowed, and this removes a portion of the fervor. Ties Win Blackjack is on offer with both the standard alternatives for the seller’s principles. On the off chance that the seller remains on delicate 17, at that point the house edge is 0.27%. On the off chance that the seller hits on delicate 17, at that point the house edge is 0.53%.

How To Start A Photo Studio Business With Limited Budget

how to start a photo studio business

There is nothing exciting than making your hobby as your job. Many people who love photography make it their job at the same time. They become professional until building their own business. Doing business is different from doing as a hobby. Thus, you might need this article to know how to start a photo studio business. Because you should be more serious here, moreover, you only have a limited budget.

how to start a photo studio business

If you are asking for a number, you probably will hold your dream to build a photo studio business. Many professional photographers spend their money for about $10,000 only for the lens. You will be amazed to know the cost of the lenses, the background, the building, and many more. However, you can still make your own even though the budget is so tight. See our tips about how to start a photo studio business below:

1. Decide Your Service

If you learn more about this business, you will find the kinds of services they make. If you just started and have a little budget, you can focus only on one or two services. It doesn’t mean your business won’t struggle with the competition. On the other hand, while you are trying to focus, you can give the best for your clients. During the time you gain profit, you can upgrade the service.

2. Gathering Equipment

Once your business concept is done, now it is time for you to gather the equipment. Remember, you don’t have to use new, expensive, and branded equipment. For your first kick, it is okay to use the lower one or even the second-hand equipment. But you need to make sure those things are still proper to use. At the same time, you sharpen your skills in photography and business.

3. Set the Space

You are running a photo studio business, so a place is something you should concern. Even though you have a limited budget and you only afford a small place, it doesn’t mean you cannot create a good one. Choose the space based on the market, parking lot, and neighborhood environment. Also, set the place as interesting and attractive as you can. Because a photo is about the stunning background.

4. Make the Marketing Materials

Whatever the business is, you cannot forget the marketing activity. It is the way people can know what you have. Before you create the marketing materials, you should do a little research. See what people like, the trend, or anything that is viral. Then, make your marketing activity to attract them, such as a sample on your social media account, a voucher discount, and many more.

5. Embrace Social Media

In this digital era, you cannot deny the power of social media. Besides it is cheaper, promoting your business here is very effective. The social media doesn’t only for promotion, but also you can post your portfolio here. So, people can see your works and interest to come to your studio.

Try to follow those five tips above about how to start a photo studio business. Never feel underestimated while you are starting something with a limited budget. Just believe that every success story begins with small things.

What Is Small Business Insurance Cost? And Is It Important?

Small business insurance cost

Every business has its risk whether is big or small. People will never when these risks will happen therefore people must prepare for it. One of the ways to prepare for the risks is by preparing business insurance for their business. It may seem expensive in the beginning, but it will help if anything happens in the future. But what is small business insurance cost and what is the function of the business?

Small business insurance cost

Well, before knowing the function, people should know about business insurance costs. This is a cost that will cover anything that may happen to your business in the future. Depending on the agreement, in the beginning, insurance will cover most of the risk that will happen. Usually the bigger the cost is the bigger the risk that will be covered. Here is more knowledge about small business insurance cost you should know:

1. Importance of Insurance

Many people think that insurance is not important and just a waste of cost. However, no one knows what kinds of risks can happen to the company including the employee. Therefore, if anything happens in the future you will not have to worry. Because the insurance will cover up for you if it happens. So, insurance is very important for both small and big businesses. 

2. Type of Insurance

Before signing up for insurance, people should know the type of insurance cost they should apply for. Adjust it with the need of your company whether it is a worker and property insurance. From the many types of insurance, there is, the employee is one of the must-have ones. As for business with many types of equipment will also apply for equipment and property insurance. So, you don’t need to apply for all kinds of insurance that are not important.

3. How Much does it Cost?

There is no average small business insurance cost that is accurate. However, for one type of insurance, it is usually around $500/year or $40 per month. But this depends on the cover of the risk. Usually, if you want many risks then it will be more expensive. 

4. What will it Cover?

General insurance will usually cover liability and property damages that happen to your business. It will replace some incomes if your business suddenly must close temporarily. However, such as employee insurance will cover any things that happen with employee’s issues. Or property insurance will cover things that will happen with your property. 

5. Benefit of Insurance

Even though insurance may be pricey, but they have big benefits for the business. People can go on with their business without having to think about the risks. After every year, nothing may happen to your company and you feel that insurance is just a waste. This may happen, but make sure to keep on applying business insurance for the company.

So, before choosing a small business insurance cost make sure to list what you need for the company. Don’t apply for all insurance but just the ones you need. Remember even though this seems pricey but it will help in the future. 

5 Forbidden Things You Should Avoid in Business Plan Ever

things you should avoid in business plan

Making a business plan is good for your business. If you understand more about it, a business plan is not about the marketing plan, sales program, or a description of your target. It is your blueprint that shows where the business to go. However, some people still make several mistakes in it. To avoid the same thing happens to you, read this article because we will inform you of the things you should avoid in business plan.

things you should avoid in business plan

Before you dig deeper about the content, you should know the types of the business plan. It could be defined by the purpose. For example, a business plan for start-up’s investors, internal evaluation business plan, feasibility study, and many more. But, no matter your business plan would be, watch these things you should avoid in business plan:

1. Unmeasured Goal

The goal is an important element for every business plan. Because everything should have a target to achieve. Never set an unrealistic goal. You might think it would be impressive. Sadly, if it looks impossible, nobody will interest in your presentation. Try to elaborate on previous data or any historical cases. Those can help you to forecast the revenue, sales possibility, or numbers of a new customer to get.

2. No Strategy

Just like the name is a business plan, so the plan is about strategy. You don’t talk about theory here. All the investors, your supervisors, or audiences need to know is your action plan. Describe every steps or process to through in detail. Don’t make it in the abstract. It would be better when you relate the strategy to achieve the goals.

3. No Purpose

The purpose is quite similar to the goal. But, actually, it is a different thing. The goal usually describes the measured thing, like sales, revenue, new customer, website traffic, social media followers, and many more. While the purpose tends to answer the “why” or current problem. After you create the purpose, then you can set the goal. A business plan without purpose means nothing to read further.

4. Too Many Assumptions

It is okay to add your subjectivity or hypothesis. But once it is too many, your investor will be in doubt. Because it is probably just your perspective, not the real condition or problem to solve. Remember, the more valid your argument with data, the more trusted your draft will be. Limit your perspective and try to predict based on data.

5. Typos and Bad Structure

A plan cannot be understood if you don’t explain systematically. Thus, you should concern to the writing structure. A poor structure will difficult for people to get your main point. Or, even worse, the real goal is blurred. Also, reread before submitting to avoid typos. Some errors in writing are frustrating and irritating. It shows that you are not a detail person, or maybe people will think you are not serious about this.

A business plan is one of the keys to business success. Get a deep understanding of things you should avoid in business plan above. We are serious to tell you not to try one of them. Because sometimes there is no second chance to prove you are good when someone already finds your mistakes.