Top 16 Pandemic-Proof Business Ideas in the Philippines

Governments worldwide are increasing expectations for resilience practices. Guidelines emphasize the need for continuity in essential services, with specific attention to managing risks physical, digital, political and financial in nature. There is, for instance, an increased political focus bookkeeping in the US on reducing reliance on Chinese suppliers in critical global supply chains such as semiconductors. Some cleaning service businesses are even getting creative with their business model by offering customizable services. For one, people are more conscientious about sanitation in these pre-pandemic days.

✔️ Food and Beverage Delivery Service

When that borrowing becomes more expensive, it’s less accessible and can make it harder for businesses to hire or keep employees. The CEO of Stew Leonard’s, a grocery chain with seven supermarkets in Connecticut, New York and New Jersey, told Fox News recently that its goods had been flying off the shelves. Some of the store’s top sellers have been toilet paper, hand sanitizer, pizza and chicken. With the general public practicing “social distancing” and many U.S. states closing restaurant dining rooms, more families are stocking up on goods and eating at home. This has led to large and small grocers alike to see surges in customer demand. One of the most peculiar small business categories that have recently seen success in the coronavirus era is drive-in movie theaters.

• Money transfer, remittance, and bills payment centers provide an essential service to ensure that the economy keeps moving even in a pandemic.
• Plus, launching a business with the pandemic in mind means you can future-proof your new company for crisis situations like COVID-19.
• Club Pilates, KidStrong, The DripBar, Valhallan, and Glow Sauna are a few fitness and health franchises paying off today.
• Virtual therapy apps such as Talkspace are seeing more demand and even post-pandemic, these types of services will likely remain popular because of their accessibility and flexibility.

Behavioral health providers

You can easily start this small business with a modest capital for as low as ₱50,000 without any entrepreneurial experience. Customers don’t need to go out, walk the grocery aisles, and line up at the counter. They can just go Food Truck Accounting online, browse different product categories, add them to their cart, check out, and wait for delivery. Consider these small business ideas that can survive a pandemic like COVID-19.

The full list of industries by pandemic performance

• Whether it’s sourdough bread, banana cake, garlic bread, ube cheese pandesal, or blueberry cheesecake that’s your specialty, you can sell your home-baked goodies through your own online bakery.
• We pulled the questions and responses from this survey that we felt spoke the most to whether a business was performing well despite the pandemic over an eight-week period, from April 26 to June 27, 2020.
• Operational resilience is an organization’s ability to absorb, adapt to, and recover from disruptions while keeping critical business functions running.
• Rouselle has over eight years of writing experience in the personal finance niche.
• This opportunity has amazing benefits like no restrictions, no investments, and only profits.
• Build your remote fitness service center and provide them fitness instructions and training.

Revenue was down 70% since that time in 2019, the business’ cash reserves had depleted, and the $1 million to $2 million loan the Strand received in government emergency relief in April was running dry. “It’s been something that the community could depend on, and we like to treat them like family.” Despite the pandemic, small businesses across the country are feeling hopeful about the future. However, before making any business decision, you should consult a professional who can advise you based on your individual situation. Start a virtual tutoring agency by defining your expertise in various subjects and selecting an age group to market toward.

We also provide insights for embedding resilience as a core capability. Not only is digitization future-proof, but it provides scope for niche businesses to expand their markets. If you’re a store owner who has just opened online shopping, think how much you’ve already increased your customer reach. A business is considered pandemic-proof if it can withstand and survive the financial impact of a pandemic and still retain a strong position in the market.

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In short, online invoicing software can aid you in every business sector. Home improvement is another industry that increased significantly because of the pandemic. During the stay-at-home orders of 2020, people started taking on home improvement projects, such as building an addition, renovating a spare room for an office space, or even building play sets for kids. Other homeowners decided to make some improvements pandemic proof businesses and take advantage of the current seller’s real estate market. Businesses are constantly looking for agencies that can help them cut through the noise and stand out against their competitors online, especially since consumers are spending more time than ever on their devices.

• You need to choose an online invoice system that will help in dissolving your burden and stress regarding the payment slots.
• Most interested target markets could be overwhelmed parents, new homeowners or remote workers who now need a functional, dedicated home office space.
• Establishments in this sector can administer, oversee, and manage other businesses, including organizational planning and decision making—such as investment firms.
• Having a data strategy is vital to pinpoint areas to focus, as it is not easy to gather data from entire operations or processes.
• That’s why the automotive industry has proven to be historically recession proof.
• This growth is driven mainly by the opening of new adult-use markets, including medical and recreational use.

The Federal Financial Institutions Examination Council, for instance, outlines expectations for resilience planning, particularly around data security and third-party management, for financial institutions. First and foremost, an effective resilience strategy relies on identifying, assessing and managing potential risks. Using an assessment matrix, firms should evaluate risks based on their impact and likelihood, allowing for the prioritization of high-impact, high-probability risks. Examples include natural disasters, technology failures and regulatory changes. Regular scenario-based simulations and tabletop exercises allow organizations to test their resilience plans. Simulations help identify gaps, validate existing protocols, and ensure that all employees are prepared to respond to disruptions.

• These businesses can take on a variety of different forms, such as meal prep or beauty product kits, puzzle or storytelling experiences, and date night or family fun activity kits.
• When savings are slim, consumers forego purchasing luxury or new vehicles.
• If you are a certified public accountant and have a knack for uncovering untapped resources in tight budgets, many people are in need of your expertise.
• Examples include natural disasters, technology failures and regulatory changes.
• Thus, telehealth companies that allow patients to see doctors or therapists via their computers or phones have become more popular, increasing an estimated 50% nationwide.

If the existing operational model is not effective, they need to be agile to start executing new models. Businesses should reconsider their value propositions and realign services to adapt to changing customer demands. In the last several months, we all saw how COVID-19 has caused horrific damage to the world markets. There is a tremendous loss for thousands of businesses because of curfews to prevent the spread of the pandemic. Countries have shut down their borders, traveling has been mostly prohibited and supply chains have been obstructed. Experts estimate its potential to have an abiding and years-long impact on the industries.

But most consumers still need to maintain their cars — especially if they need that car for commuting to work, school, or grocery shopping. That’s why the automotive industry has proven to be historically recession proof. After a global pandemic, shipping supply issues, and stock market fluctuation, the possibility of a recession has been sweeping the news.