No business will be safe for an indefinite amount of time. Regardless of how popular a business might be, there will be a time in the future where it’s just a shadow of its former self. It can happen due to bad public relations, market trends changing, riots, or even just neglect. No matter how it happens, it’s safe to say that no business will ever survive until the end of time.
However, that’s thinking on a large scale. Let’s think smaller: what businesses can survive the ever-changing market trends of today? Here are some ideas for businesses that will last a long time and always be in demand.
The best businesses are the ones that provide essentials needs. Everyone has to eat food, so what better way to create a sustainable business than to provide nutrition?
In SHTF scenarios where food is limited and water is scarce, it’s food companies that will thrive due to the increased demand. Canned foods are most popular due to their long shelf life and relative ease of production. You don’t have to worry about providing fresh ingredients because canned food is supposed to keep for long periods of time, and it’s unreasonable to expect canned food to be of the same quality as fresh. However, that doesn’t mean that you can neglect the quality—always strive for good tasting canned food.
We have to keep warm somehow, and clothing is a basic human need that we can’t ignore. Focus on designing cheap and good quality clothing. Don’t turn into a designer brand and expect to sell clothing items for hundreds. Keep realistic expectations and remember that you’re not targeting rich folks with a lot of money to spend, you’re targeting the economic class that doesn’t have much money to spend—even on necessities.
Build up your brand exposure by offering quality clothing to the masses, and you’ll forever have a place in the world of business.
Whether it’s state-funded or private, there will always be a demand for professional educators. It doesn’t matter if it’s one-to-one tutoring or writing online guides and lectures, knowledge has to be passed down for younger generations somehow and an educator is one of the few professions that can accomplish that.
Don’t think of it as setting up a school. Think of it as setting up an online website where you can hire educators to create content. Allow people to pay for lessons or courses, and let them view all of the information online.
There are thousands of different items and everyday tools that we rely on to sustain our lifestyles. It could be a car, a cooking appliance, or even just some wooden tables and chairs—no matter what it is, there’s a way to repair it. No matter how dire a business’s trends can get, it will always need repair services to fix computers and office hardware to remain functional.
A business that specializes in repairing will always be in demand because things always break. If you have a team that is capable of fixing virtually anything, then you’re always going to have clients and you will always be in business.