Starting your own online business has to sound appealing in the midst of the COVID-19 pandemic. With all of the layoffs and frustrating responses from big businesses about job loss, maybe it’s time to consider being your own boss?
If you’ve always wanted to run your own show, the easiest way to start is not with a brick and mortar store, but by exclusively having an online presence. If this sounds like your dream come true, but you’re not sure what kind of business to start, here are a few suggestions of online businesses that you should start during 2020.
Jump on the bandwagon!
Right now, CBD is all the rage. It’s at the forefront of alternative, homeopathic medicine because it’s said to potentially relieve physical and psychological tension. If you’re a lover of CBD or think you’d like to jump on the bandwagon, consider creating your own online store. You can try products, review them for customers, and then sell the ones you love in your store. You could even carry a line of pet CBD products if that’s something you’re into.
If you’re concerned about starting a CBD business, because you’ve heard about the difficulty with long cashflow collection cycles, invoices being collected irregularly, and a scarcity of viable lenders, you’ve definitely done your research. Fear not, there are CBD loans available to businesses just like yours to prevent all of these issues.
Bespoke Financial, a licensed lender, is here to help you build up your cannabis empire and financially alleviate working capital constraints across the entire cannabis supply chain. It’s easy to apply for financial help, you could get approved as quickly as one week after sending in your application, and you can increase your line of credit as your business needs grow. You really can’t go wrong with Bespoke Financial.
Feed the health craze!
The health craze has taken over as people invest more in themselves and their overall well-being. You can be an integral part of their self-care routine by opening a health supplement business online. After doing your research, you can decide which supplements you’d like to carry in your store. In order to keep up with demand and give the best quality products possible, you’ll need to find a trustworthy supplement manufacturer.
Makers Nutrition is a supplement manufacturer that is NSF GMP Registered and their operations are run out of an FDA-Approved facility. The manufacturing facility ensures that your supplements are of the highest quality by equipping their building with industrial HVAC systems that control air quality and temperature, giving you the best products possible. Once your business becomes a huge hit, they’ll still be able to handle your high-volume needs.
Flash your fashion!
If you’re a fashionista and clothing is your passion, consider opening an online business that allows you to curate a collection of clothes. You can source from just about anywhere. Online is a great place to start, but if you like to pound the pavement, why not go out and see what you can get at incredible vintage stores.
If you know how to sew and have a creative eye you can have a more artistic kind of clothing store. Take vintage clothes, modernize them, and by doing so, you’ll give them a new life. There’s definitely an interest in making vintage “relevant,” so why not monopolize on that sentiment?
Being an online entrepreneur is what the Internet—and you—were made for. Find something that you’re passionate about. Something that you want to put the work into. A great business is like a beautiful relationship, you’ll want to wake up and work on it every day.
