Top Small Businesses That Make Money During Coronavirus
May 5, 2021 | Last Updated on: February 21, 2023
May 5, 2021 | Last Updated on: February 21, 2023
As of May 28, 2021, the Paycheck Protection Program has run out of funding. You can learn more about the PPP with our COVID-19 resource hub.
The American and global small business landscape was turned on its head last year in March of 2020, when the coronavirus pandemic forced small business owners to close up shop. Shutdowns and social distancing forced businesses to deal with a sudden drop in revenue, possible layoffs or furloughs, and considerations of closing for good. While government programs like the Paycheck Protection Program (PPP) and Small Business Administration (SBA) disaster assistance loans helped businesses weather the crisis, creative adaptation was still necessary.
Through all this turmoil, some business types have thrived and grown through the worst of 2020 and into 2021. Businesses that uniquely adapted to serving customers remotely, those that allow for socially distanced interaction, and digital-first operations are great examples of the types of small businesses that are doing well.
We’ve put together a summary of some of the best and most practical of these crisis resilient business ideas that are doing well during COVID-19 that you could start to reap the rewards of the changing economy.
With heightened vigilance over sanitation procedures, fears about returning to the workplace, and increased regulations from organizations like OSHA, businesses offering cleaning and sanitation services have seen tremendous growth. Large restaurants, corporate offices, medical facilities, and a host of other venues have a much higher demand for quality and timely cleaning and sanitation.