Professional Documents
Culture Documents
SMSE
SMSE
SMSE
cause in Wuhan, China, on December 31, 2019, and dubbed it "2019-nCov," or novel
coronavirus, for the time being. This pandemic greatly affects the global economy and health.
Thus, there were shortages of medical masks and alcohols, supply-side manufacturing issues,
delayed production of goods, and reaching full bed capacity in almost all hospitals. Moreover,
many establishments had foreclosed and filed for bankruptcy. The number of unemployed had
increased due to the limited manpower requirements in each establishment. However, to recover
from the monetary loss, many establishments implemented the IATF guidelines. The economy is
The Department of Trade and Industry (DTI) 2020 MSME Statistics shows that 99.5% of
all business are MSMEs. Majority of this MSMEs are from National Capital Region with 21.10%
business establishments. The top five (5) industry sectors in 2020 were: (1) wholesale and retail
trade; repair of motorcycles; (2) Accommodation and Food Service Activities; (3) Manufacturing;
(4) Other service activities and; (5) Financial and Insurance Activities. 25% of the nation's total
export earnings comes from MSMEs. Additionally, it is believed that 60 percent of all exporters
in the nation fall under the MSME group. MSMEs can contribute to exports by entering into
Since entrepreneurs are by nature innovative, creative, and risk-takers, starting a firm
PANDEMIC BUSINESSES
use.
One of the easiest methods to have a steady source of income is to open a water refilling
business in your neighborhood. The need for water remains constant even during a pandemic.
Putting up of Water Refilling station was made easy because of the availability of Franchises
that help owners to establish their businesses. Moreover during the pandemic water is a
A staple cuisine in the Philippines is rice. We are an agricultural nation after all, and
everyone simply adores rice. The market for rice is stable and expanding even during a
pandemic. You have regular shoppers and businesses who order large quantities of food from
You must first obtain an NFA license before launching a rice business. Additionally, you
must have the right tools and storage for rice. Pests will completely destroy your rice if it is
DTI.
chain-store the neighborhood can genuinely rely on. We have created a strategy that is
effective and guarantees not just a rich or profitable business but also a rewarding one in only
Delivery services are crucial in a pandemic. People prefer to have items purchased outside of
their houses and delivered there because to the fear of COVID-19. Delivery and "pasabuy"
firms prospered as a result. If you drive a car, you can start a delivery business by providing
Never forget that you are not limited to delivering food. Even more, certain "pasabuy" firms
handle the delivery of expensive goods like laptops, phones, bikes, etc.
Make careful to adhere to health and safety regulations when delivering. Your health
Many establish pasabuy business during pandemic. Small business owners such as retail
orders added delivery on their business for th em to gain more sales. This concept were
and food panda. The aim of the business is to help buyers to get their needs at the comfort of
their homes. The requirement of customers who would rather have someone buy for them
and deliver it to their doorstep so they won't have to leave their houses, especially in the
particularly food delivery, flourished as a result of the lockdown and restrictions put in place.
4. E-Commerce Store
An e-commerce store is the best option if you don't want to pay for rent, utilities, and other
expenses associated with opening a brick-and-mortar store. You can have a scalable
business for your products and simple customer interaction with an online store.
All you really need is a website or social media presence that promotes your stuff and works
properly. The next step is to set up simple payment and delivery alternatives for your
clients. Also have a look at significant e-commerce sites like Shopee and Lazada. Here, you
can sell your goods.
Ukay-ukay or second- hand clothes were sold online through facebook. The sellers use the
facebook live to sell their products. Each seller shows their unique way of gaining buyers
attention. Ms Daisy or commonly known as Madam Inutz gain popularity on her unique
way of selling her products. She had her ukay business to provide her mother medication.
5. E-loading Business
One of the least expensive businesses you can start is this one. You won't require more than
P2,000 to launch your e-loading business.
Everyone can run a business using the e-loading service. For those who are employed, it can
be a side business, and for those who are homebodies, it can be an additional source of
money. You can launch an e-loading service even as a student.
Despite the COVID-19 pandemic's detrimental impacts, new business concepts arose as a
result of consumers' expanding requirements, opening doors for those looking to make a
living.
REFERENCE LIST
https://www.franchisemarket.ph/franchise-listing/grainsmart
https://www.sunlife.com.ph/en/life-goals/grow-your-money/business-ideas-to-try-during-the-
pandemic/
https://www.uschamber.com/co/start/startup/businesses-to-start-during-pandemic
World Health Organization Regional Office for the Eastern Mediterranean Cairo, 2004