People looking to get into business have this vague notion that they need to “change the world”. When you look at the facts, you find that the things that changed the world are often the most mundane.

Take modern distribution, for instance. Without it, you could’ t hop onto your computer and order products off Amazon. And you wouldn’t be able to buy cars made on the other side of the world. Instead, you’d be stuck consuming that stuff people make locally – and that might not be all that good.

People who want to make a lot of money should consider starting a distribution business. It doesn’t sound sexy, but it can be a lot of fun. What’s more, it’s also highly profitable, especially if you’re a creative person who can come up with new and exciting ideas.

Distribute Sports Equipment

The lockdown means that people can’t go to the gym anymore. We’ve seen a massive shift in demand for fitness equipment away from gyms to the home. And these circumstances are providing ample opportunities for distributors. Customers are desperate for people who can ship the goods on time (as are eCommerce sites). If you can target this niche, you stand to make a lot of money.

Rent out Warehouses

COVID-19 caught a lot of retailers flat-footed. They believed that the economic bounce would continue forever and could put off moving their operations online indefinitely.

Now, though, we’re in an entirely different world. People are unwilling to go out in public, and fewer still want to spend time in crowded shops, fiddling through clothes while an eager assistant makes sure they don’t come within two meters of another customer.

Retailers, therefore, need warehouse space fast – and they’re willing to pay for it. If you can sell it to them, you can potentially make a considerable amount of money.

Companies that build steel buildings can erect suitable storage facilities for you in a matter of weeks. And then you can charge fees that allow you to make double-digit returns – higher than you’d make in stocks.

Supply Computer Parts

The coronavirus is also driving demand for computer parts in a way that we haven’t seen before. Companies and individuals are desperate for the electronic doodads they need to conduct their operations.

Electronics usually come from far-flung locations, like Thailand and Mexico. Companies, therefore, require reliable and secure distribution networks that can operate across borders seamlessly. If you can demonstrate expertise in this area, you stand to make a lot of money indeed.

Become a Home Appliance Distribution Service

If you have experience in the trades, you might want to consider setting up a home appliance distribution service.

Companies need courier services that can transport bulky white goods to customer homes at a moment’s notice. Ideally, therefore, you need to be flexible and able to accommodate orders at a moment’s notice. Vendors should be able to call you up and get the services that they need immediately without any delay. You can then grow your business by expanding into new markets.