The most viable and survivable businesses are the ones that meet the basic needs

Every generation needs a revolution - an entrepreneurial revolution

Looking for a business to put up?  Look no further.  Find the basic needs that are insufficiently met, or where there are gaps in the processes and customer satisfaction in your micro market.   Avoid high tech businesses that you know little of and those endorsed by gurus.

Go back to the Needs, and the basic:   food, shelter, safety and security, biological needs.  

For those in wants:   you are fighting in a specialized tightly niched markets and unless you know very well the practices  you can fail.   Unless you are meticulous, hard driving and focussed.

So what are those businesses:

1.  Food -  service, delivery, producing, processing, retail

2.  Shelter -  housing rental properties,, hostels,  - thus real estate

3.  Finances -  lending, savings, investment, insurance

Decline (and closures) in pandemic induced new businesses

Every generation needs a revolution - an entrepreneurial revolution

This post has observed decline and closures in businesses that flourished during the pandemic:

        1,  Coffee shops

        2.  Eateries

        3.  On line shops

        4.  Courier delivery services

        5.  Bicycles

Some industries flourish because of crisis.  When crisis is gone, the opportunity and the opportunity, and hence the business disappears.