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Hello dear readers. Today we will talk about business in the 2021 crisis and share a small selection of relevant business ideas in an unstable time of crisis. If you have your own ideas, we are waiting for them in the comments below the article.
How to open a business during a crisis
Founder and owner of Tinkoff Bank.
In the absence of large initial investments, Oleg Tinkov advises paying attention to the promising market for developing applications for gadgets and online consulting. The businessman rightly believes that Russia is noticeably lagging behind many world developments in the field of medicine and leaving them for 15–20 years, and there are a lot of opportunities for newcomers to copy.
Investments in medical research and development and research and development can provide a good income in the future. The only problem is the high cost and long payback period of such business projects, and in Russia they are not used to doing that.
Founder and owner of such companies as Dymovskoe sausage production, Suzdal ceramics, Respublika (a chain of bookstores) and Rubezh (cafes and restaurants).
Vadim Dymov is convinced that it is possible to reach financial heights by opening new projects in agriculture. As an option, he proposes to use state land shares in the Far East for the cultivation of soybeans, which can be exported to China. A risky but simple business can generate significant profits.
A businessman does not rule out success when opening start-ups in the field of machine-building logistics and components for assembling units. He claims that niches are absolutely free for the development of medium and small businesses in small cities far from Moscow. Why not open a carpentry shop to produce excellent domestic furniture? Suddenly? But it is very pleasant to create and use your own, to raise your own brand.
Founder and owner of the Dodo Pizza pizza chain.
Fedor Ovchinnikov is confident that Mercedes will be in demand during the crisis. The main thing is to find an optimal and competitive business model in order to win in today's environment.
Fedor Ovchinnikov suffered a serious setback at the beginning of his financial career. His first book-selling project turned out to be unprofitable and disastrous, but only helped the businessman to develop a new strategy. Now the entrepreneur treats the beginning of each business, as if there is a severe crisis in the yard. He immediately asks himself a reasonable question: "What will happen to his business project when everything becomes bad, even if everything is good at this stage?" He rightly believes that it is during this difficult and new time that a healthy and strong business can be formed in the country.
Founder and owner of Expedition company.
Alexander Kravtsov believes that there are no crises. Now there are many markets that are losing money. But there are many businesses that are simply overwhelmed with stable orders. For example, the only Russian backpack manufacturing company is fully loaded.
The current situation with small business in Russia is deplorable. Someone has good ideas, but cannot implement them due to lack of initial capital, someone has financial capabilities, but is in search of a profitable niche or is stuck at the start due to bureaucracy, bribery, peculiarities of Russian legislation, etc. .
However, despite not the best economic and political situation in the country, it is quite possible.
The most promising business is the one to which you can completely surrender, that is, your hobby can turn into something that you do with great pleasure. Do you have a good camera and love taking pictures? Collaborate with photo studios, shoot holidays, ceremonies, weddings. Sports fan? Open your section. Children are especially popular now. Can't tear yourself away from your computer? Become an internet entrepreneur.
Which business is better? TOP 10 most promising options:
In modern Europe, at every step you come across hostels - mini-hotels, which can accommodate up to 12 beds in one room.
It should be noted that hostels are quite for Russia and the most profitable.
What you need to open a hostel:
The costs include obtaining permission for this type of activity and the purchase of equipment. For these purposes, we lay an average of 350-450 dollars. Another $ 70 will need to be invested in customer acquisition and supplies.
The level of income is influenced by the professionalism of the master, the location of the workshop, the literacy of the advertising company. The payback period is 3-6 months. Earnings - $ 300-600 per month.
Antipyretics for children are prescribed by a pediatrician. But there are emergency situations for fever in which the child needs to be given medicine immediately. Then the parents take responsibility and use antipyretic drugs. What is allowed to be given to infants? How can you bring down the temperature in older children? What are the safest medicines?
And, as always, all people want to know profitable businesses. If you are reading this article, most likely, you are interested in starting your own profitable business, looking for what kind of business you can open, perhaps you have start-up capital, or maybe you are looking for how to create a profitable business from scratch.
In this post, we will identify the most profitable types of small business, see a visual rating of the most profitable types of business and finally find out what profitable types of business a young entrepreneur should start.
Most profitable business
The most profitable business is the ideal business, with no competitors.
- Lack of production capacity
- Lack of work in progress
- Minimum stock, ideally no stock at all.
- There are no debtors and loans
- Efficient use of equity capital. Ideally, the capital is not used at all.
- The number of employees tends to zero.
- Full automation of business processes and business management systems.
- Low cost of production of your product or service, preferably zero
- No cost of selling products or services or a very low rate.
Profitable big business is based on the creation of services and goods that are vital for people living in civilization. The most profitable ones are:
- Energy resources (water, electricity, gas, oil, timber, metals, minerals, etc.)
- Food (meat, milk, grain, fruits and vegetables, it is desirable to have a monopoly on it)
- Information (media, Internet, telephony, etc.)
- Ideology (education, churches, religion, etc.)
- Real estate (land, buildings, islands and countries)
- Addictions (tobacco, alcohol, drugs, GMOs, food additives, psychotropic substances)
- Health (pharmacology, scientific institutions)
- Finance (banks, investments, stock market, precious metals, etc.)
Everything else already exists within this big business and is strictly regulated by large market players.
Based on this, we understand that the most affordable for most people is a profitable small business.
Profitable Small Business
Many people confuse the concept of business with the self-employed population. A business, albeit a small one, is a system in which business processes are clearly established, automated and does not require the direct participation of the owner.