Have You Been Laid Off Because Of Coronavirus? Here Are 5 Income Earning Opportunities For You

Published on: 06 April 2020 Last Updated on: 04 September 2024

Have you been recently fired from your job because of the Coronavirus problem?
Are you looking to sustain yourself by earning during the lockdown period?
Do you know of certain high-paying and profitable opportunities, which you can take up?

With global economic losses crossing the $2 Trillion mark, Coronavirus is jeopardizing millions of livelihoods. According to financial experts, we are going to witness a period of global financial recession.

In these testing times, we have two options in front of us-

We can either mope or blame our destiny for all the bad that is happening. Or,

We can put ourselves together, invoke our entrepreneurial spirit and work our way out of the problem.

You might have heard the proverb, ‘when God closes a door, he opens a new window.’ In this article, we are going to open five windows for you.

5 ways to earn income during the Coronavirus lockdown: The List

1. Start a News Blog on Coronavirus or COVID 19-

You do not need a flair for creative writing if you are looking to start a news blog. All you need to do is create a simple WordPress website for your news blog and start a social media page. Publish five to ten 500 word articles every day and see the traffic flowing.

People are interested in knowing about everything related to the Coronavirus. This is a good time to look up government sources, Reuters and different news publications and collate them all in one place. Once you get decent site metrics and traffic, you can earn income through Ad displays, guest posting, and other ways.

2. Take up Cryptocurrency trading in a major way-

Did you know that you could easily earn hundreds of dollars every week by just trading cryptocurrencies? With the rise of cryptocurrency trading platforms, you can easily become a trader. All you need to do is open account and start trading.

The technologically advanced software of the platform is going to guide you when it comes to making the best trades. By investing a small sum of money, going for low-risk trades initially, you can become a seasoned and experienced cryptocurrency trader in no time.

3. Get paid by signing up for Surveys and Options Sites-

There are many survey sites, businesses and companies, which pay up to $10 USD per survey. This is a great sum of money when you consider that you can easily do a minimum of five surveys per day. This is not only going to help you earn, but also explore new opportunities.

Big businesses work with market research firms to find out about the opinions of consumers. By signing up to such platforms, becoming part of interviews and focus group discussions, you can earn close to $3000 USD per month.

4. Food or Grocery delivery agent in your neighborhood-

Almost all nations around the world have exempted online companies from the lockdown. This means that these companies are hiring aggressively as more and more people are ordering things while sitting at home.

If you have a bike, you can easily sign up with one of the major players in your neighborhood and start delivering to people. This is not only very profitable now, but also very humane. You are going to help someone get their medicines and other essentials on time.

5. Start your own Freelance Gig-

If you are good at writing, start bidding for content writing jobs on freelance websites. If you are good at cooking, you can start your own food delivery gig. No matter what your passion, you can always make it into a fully income-generating opportunity.

As more and more companies are looking to cut costs by firing people, they are not going to stop their operations altogether. Approach them as a freelancer and offer your services for an attractive fee. You will be surprised to see the results of your outreach.

Conclusion

In this article, we have listed five great income-earning opportunities for people who have been laid off because of the Coronavirus. All these opportunities do require time and effort. However, if you are able to do them right, you will see cash flowing into your account.

Can you think of some similar opportunities to earn cash? Let us know in the comments section below.

Read also:

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Cost Effective Custom Mobile Accessories Packaging for your Small Business

Small businesses have to struggle hard to get their products and services desired attention. Limited budget for advertising and marketing often proves a hurdle for small enterprises to make a mark in the market. Product packaging is an element that can be effectively utilized for boosting branding efforts and connecting with a wider target audience. If you have a small mobile accessories manufacturing and retail business, utilize packaging for creating unique inkling for the items. You can make your retail store talk of the town by emphasizing product quality and inspiring packaging. Personalized product boxes designed with the view to make a brand’s vision known to the prospective buyers can work wonders for a small business. Custom printed mobile accessories packaging boxes with your logo and slogan will make shoppers remember your small retail outlet. Getting the boxes printed for various mobile accessories can be a pricey endeavor; you need to evaluate available printer options to choose one that provides you budgetary solutions. You shouldn’t be relying on a packaging service provider that is new in the industry and has hidden or extra charges for all the services. Make sure to do the search for the printing vendor meticulously before making a preference. Here are some tips that you can utilize for personalizing packaging! Product Boxes should be Insignia of your Brand You surely want to make the most of your packaging for creating distinguished inkling for your brand. When getting the boxes for mobile accessories customized, make sure to use all the branding essentials smartly on the packaging. The logo and a catchy tagline should be printed vividly on custom mobile accessories boxes. You can make your small mobile accessory outlet worth noticing by using the custom boxes to your advantage. The packaging should have your contact details like phone number, email ID and social media profile information to facilitate customers to communicate with you. Packaging should describe your USPs Smartly You can make your brand and offerings likable with prospective shoppers by describing unique selling points of your business smartly on the custom boxes. Details like what makes you a differentiating mobile accessory brand, what kind and quality of accessories you have and if your products are nominally priced and backed by warranty should be available on wholesale mobile accessories packaging boxes. Make sure to share only facts and not fabricated claims or promises on the packaging as it can impact your credibility. Perks of Using Customer Centric Mobile Accessories Boxes Brands that are concerned about the needs of their consumers end up winning over their loyalty and trust. You should offer comprehensive details about using an accessory on the boxes. Make a list of sought after user questions and answer them in fewer words on the packaging. This will enhance your brand’s image and customers will readily trust you for purchasing their desired mobile accessories. You can make the accessories for smartphones worth checking out for the customers by revamping the packaging design at regular intervals. Add a streak of uniqueness and creativity to packaging using interesting themes. You can promote various deals and offers through boxes for chargers, hands-free, and other accessories. Share all the vital features and price of an accessory prominently on the packaging to make it easier for the shoppers to take their product pick conveniently. Read Also: The Top Benefits Of Using An Insurance Broker Proven Vitamins Used In Energy Supplements How Customer Success Can Help Grow Your Business Why Should Retailers Use Pricing Tools For Their Businesses

Monthly Best Coffee Subscription

It’s easy to find a bunch of best monthly coffee subscriptions; if a coffee lover, it is best to take a note of them. Many people are unaware of the many Canadian companies out there doing this. Coffee boxes are mostly made in the country with some exclusive to the nation. If looking for a coffee subscription, look for different variables and the price of a subscription, shipping methods, and product frequency. It is so easy to forget to buy coffee because sometimes people think they’ll just pick some from a grocery store. And, it turns out consumers prefer better beans to what the store offers. Therefore, it is easier to go down the local coffee joint and grab an Americano and leave. The next morning, there’s a need for more coffee. Living in a world where people can buy anything online, subscribe to whatever is needed or preferred. It is satisfying that individuals can subscribe to the delivery of fresh, delicious coffee to one’s doorstep, as frequently as needed. If having a hard time picking one, consider the several available options. Office coffee is boring, that is what many of us say. If whatever is brewing is not stale, it is weak, or bitter-or the office has run out of coffee. The website for a company might look just like the others at first glance, but their first order can be different from the rest. The first order is key. The company sends different blends, each having a specific flavor profile with a caramel taste, citrus or just a bunch of tastes in between. Brew all the four flavors and choose what’s preferred then place an order online. Each shipping should be a blend that goes with an individual’s choice. This is great when if people know what they want. When joining clubs such as the Secret Sip Coffee Club, take the chance to become a member of the elite and exclusive coffee service. Secret Sip is the only collective that’s focusing on the latest niche, premium, micro-roasters, and delivers a fresh secret roast from a secret roaster in the different province every month. The subscriptions give consumers an option of choosing, exclusive, secret and freshly roasted coffee selected by the experts from over one hundred and fifty coffees to be delivered once every month for a year, six months, or four months. Sit back, relax and prepare the country’s most elite and handpicked micro-roaster pallet delivery at the doorstep. Joining a subscription plan saves time that one might use each month to pursue the rarest, fresh and unique coffee across the country. The subscription spices up people’s coffee a tad. Expect to receive a 250g package, over a half-pound of ground coffee every first week of every month, and it lasts for the duration of an existing subscription. Are you a Canadian and want Canada’s best monthly coffee subscription to have some savings? Contact Detour Coffee for information on their best coffee collection or find out more about their services on their website.

Benefits of NBFC Business Loans

Being a small-business owner, you have been putting your whole-hearted efforts to make your business venture a success. You have been working long hours, traveling for client meetings to different cities, staying away from home for days on stretch and also investing all your personal savings and assets to take your business to new heights. Now that you have put your business on the path to growth, it suddenly dawns on you that you have not been able to pay adequate attention to your financials. Now when there is a significant opportunity in front of you in the form of a brilliant idea, which will change the future course of your business, you find that you do not have necessary funds to put that into practice. You feel anguished and frustrated, but that is not going to serve any purpose. So rather than ruing your ill-luck, its better you start looking at other options that you must explore, to meet your financial requirements. One of the most obvious options is availing an Unsecured Small Business Loan. What is an Unsecured Small Business Loan? Business Loans that are available to small business owners for their desired purpose without any requirement of collateral are called Unsecured Small Business Loans. These loans are extended by all financial institutions in India, private sector as well as public sector. You are free to utilize the loan amount for any purpose you may deem suitable including the purchase of machinery, upgradation of infrastructure, renovation of office premises etc. There are two types of unsecured business loans in the market NBFC business loans and Bank business loans. The repayment of these loans is to be made in monthly EMIs. Advantages of Small Business Loans Small business loans offer a flexible source of funding for you to meet your urgent financial requirements. There are various advantages provided by small business loans such as: - No dilution in ownership : When you take a small business loan from a financial institution, you need not provide any collateral and are free to utilize the money in any way you want for your business purpose. The lender does not have anything to do with the way you have spent the money, as long as you repay your EMIs on time. This ensures that the ownership of business stays with you and is not diluted. This is a better option compared to other sources as venture capital or personal borrowing, where you must give up a part of your ownership of your business in lieu of money. Taxation Benefits : Small business loans are to be repaid in monthly installments, which comprise principal component and interest component. The interest that you pay on loan is allowed as an expense, and you can claim tax benefits against the same. This, in turn, reduces your tax burden, and the loan in effect costs less in practicality. No other source of funding offers this option. No Collateral required : If you do not have any collateral to be hypothecated with the financial institution, then unsecured business loans are your only option. This is an ideal situation for new businesses or start-ups who have a great idea but do not have any collateral to be mortgaged. If required by the lender, you can get a guarantor on board. Lower Interest Rates : Unsecured small business loans have a more moderate rate of interest as compared to various other sources of finance such as credit cards or private money lenders. Lower interest rates mean lower EMIs which translate into a lesser burden on your finances. In some cases, the government also offers subsidies on unsecured business loans to help small business owners have easy access to credit at lower interest rates. No stress on working capital : When you are able to avail an unsecured business loan, you get spare money at your disposal, which can help you in getting better deals from your suppliers and vendors. Moreover, this ensures that you need not withdraw money from your working capital and thus you can meet your daily expenses conveniently. Also, as the EMIs are to be paid on a monthly basis only, you do not have to put pressure on your cash cycle by withdrawing huge sums together. Flexibility in Repayment : some NBFC business loans come with the option for EMI holiday or flexible repayment options, where you only need to pay interest on the loan as your EMI for a specified period, in the beginning, this way your EMI payments, in the beginning, is reduced and you get time to manage your financial position. The principal amount for this mortarium period is adjusted over the remaining period of the loan. Unsecured small business loans offer a lot of benefits for you. But you must conduct proper research and analysis before you take a final decision regarding the loan. Read Also : Top 5 Types Of Startup Business Loans Major Financial Problems That Can Affect A New Business

Have You Been Laid Off Because Of Coronavirus? Here Are 5 Income Earning Opportunities For You

5 ways to earn income during the Coronavirus lockdown: The List

1. Start a News Blog on Coronavirus or COVID 19-

2. Take up Cryptocurrency trading in a major way-

3. Get paid by signing up for Surveys and Options Sites-

4. Food or Grocery delivery agent in your neighborhood-

5. Start your own Freelance Gig-

Conclusion

5 Surprisingly Simple Ways to Manage Anxiety at Work

Optimize Your Small Business Revenue by Taking These Steps

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

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Cost Effective Custom Mobile Accessories Packaging for your Small Business

Monthly Best Coffee Subscription

Benefits of NBFC Business Loans

Have You Been Laid Off Because Of Coronavirus? Here Are 5 Income Earning Opportunities For You

5 ways to earn income during the Coronavirus lockdown: The List

1. Start a News Blog on Coronavirus or COVID 19-

2. Take up Cryptocurrency trading in a major way-

3. Get paid by signing up for Surveys and Options Sites-

4. Food or Grocery delivery agent in your neighborhood-

5. Start your own Freelance Gig-

Conclusion

Share this Article

5 Surprisingly Simple Ways to Manage Anxiety at Work

Optimize Your Small Business Revenue by Taking These Steps

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related