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Answer: Ever since the pandemic, it has been extremely hard to maintain businesses or even start them especially if they are very extravagant and costly. Most wages and allowances have been cut off since the pandemic because of the loss of jobs and businesses all over the world. Covid-19 has made it extremely difficult for most businesses to even survive these days, especially the ones in public markets because of the government protocols. With everyone ordered to stay indoors, bankruptcy is no longer far from happening. So in my opinion, the most efficient business that I would start would be selling pre-loved clothes.
Explanation: I thought of this because I think that if I start selling low-priced clothing and garments, I would be able to help a lot of families who cannot afford to go to malls or other expensive clothing stores. I will borrow a loan from my parents as a starting capital of 5,000 and pay it off during the process. 60% will be given to them, and the remaining 40% will be for me to pay off the money I borrowed.
We will make sure that our small business will obey all covid protocols, such as social distancing, the wearing of face masks and face shields, etc. It would be a “supot-all-you-can" business, wherein they would buy from me a 200-peso medium sando bag, and anything that they can fit inside the plastic bag would be theirs to keep. They will be allowed to use any strategy of their own, and there will be no rules other than that.