Business under sanctions
Sanctions. Someone sees this phenomenon as extremely negative, but is it really so bad? Food sanctions, that is, a ban on the import of certain goods from abroad, have caused such a phenomenon as import substitution. Products that used to be imported from the west must now be replaced with similar ones, but domestically produced.
Among economists, there is often an opinion that import substitution should have been done a couple of decades ago in order to provide the country with goods of its own production and create new jobs, which are always so lacking. Why they did not do this earlier, we will not argue. Now the question is more relevant: is it possible to build a small business under sanctions? We answer: you can! Business on sanctions will be based on the fact that the market niches freed from foreign manufacturers need to be filled by someone, and just small and medium-sized businesses are ideal for this. What should you do to get the most out of sanctions?
Fast food with Russian food
Some of you may remember that the Soviet Union also had fast food. Only they sold not hot dogs and hamburgers, but sandwiches and dumplings, and such establishments were called “Snack Bars”. Needless to say, they were quite popular. What prevents you from opening a similar Russian fast food now? The cost of producing sandwiches, dumplings, soups, pancakes and other native food is quite low, and you can arrange an establishment quite modestly, without restaurant decor and frills.
Be sure that such fast food will be visited no less than Burger King or McDonald’s, and even more often. After all, the price of one lunch at McDonald’s will be equal to two or maybe three lunches at a Russian diner. And if American fast foods are closed down completely soon (anything can happen in modern realities), then people simply will not have a choice.
Cheeses are loved and consumed in almost every family.also affected this product – it is no longer imported from abroad. It is interesting that elite French and Italian cheeses are mainly made in small factories, and even very small ones. It will not be difficult to organize such production in our country. Such a business idea is especially relevant for those regions whose climate is most similar to the climate of Southern Europe.
Thermal imaging equipment
All thermal imaging devices previously came to Russia only from abroad. Domestic production, if there was a place to be, then on an insignificant scale. But the areas of its application are quite wide – construction, medicine, mechanical engineering, metallurgy. If you set a goal, then you can start cost-effective production of such equipment without any problems. It will definitely be in demand.
Production of fish feed
Red fish, which disappeared from store shelves due to sanctions, but soon returned to domestic production and is much more expensive – this is a different story. From the position of small business in this area, the production of animal feed is more interesting. Previously, they were purchased in the same place as the fish itself – mainly in Norway. Norwegian food is of high quality, but still too expensive for many Russian fish farm owners. If you find a way to produce fish feed in a lower price category, you will definitely be in the black.
Milk is a product consumed by our people in incredible quantities. Before the sanctions came into force, 80% of the milk on our shelves was from abroad. Just think about how much its availability to the population has decreased now and what profits you can get if you start your own dairy production. And besides the milk itself, it is also possible to produce cottage cheese, sour cream, butter and other dairy products, which in any case will always be in demand.
Access to foreign education is now closed to many officials. And they are accustomed to teaching their children only in the best, elite educational institutions. Of course, opening an elite school for children or expensive business courses is a slow and rather complicated process. Nevertheless, under the conditions of sanctions, such a business becomes very, very promising.
Particular attention should be paid to the production of beef. It has always been much more profitable for our country to buy imported beef for sale to the public than to produce it on our own. Due to the current situation, the cost of meat has increased significantly, and now not every Russian can afford a piece of fried beef for dinner.