There’s never been such a year as 2020, with terms like “new normal” appearing in our language thanks because of Covid-19.

A vaccine is already being administered in a few parts of the world; we’ve changed from asking about the “new normal to the “next to normal”.

In our case, we’re also looking at the business of the future world.

Naturally, all questions will be resolved in the near future However, predictions have been made and there’s some evidence that can provide a sense of what’s to come for franchising, as well as business generally…

New Ways: New Opportunities

Covid introduced new ways of working, as well as new ways to live. Of course, with a vaccine, it’s unlikely that you’ll be able to stop all of these practices.

Actually, many of them were in the process of being a part of our daily routines long before the outbreak even occurred.

For instance, in online shopping, the bustle and excitement of the high-street were already beginning to slow down prior to this year, with companies providing courier services experiencing an increase in demand over the last few years.

Covid has increased the heat on their fire and couriers have experienced growth in their service in the past few months.

Market Industry research organization, Maurice, agrees, saying: “The boom in online shopping has supported the expansion of the Courier Pick-up and Delivery Services industry over the last five years”.

They also stated that the services continue to reap the benefits of our society moving ever more online. They added: “As the COVID-19 pandemic persists and social distancing measures increase, demand for grocery delivery services is anticipated to increase industry revenue by 7.6% over 2019-20, to total $5.5 billion.”

Find our franchises for couriers on this page.

Backing The Future

Of course, that not all products sold online require a courier to ship them.

A return to large-scale groups of people who are working in a social setting and being educated together isn’t like it was in the past However, the pandemic made us aware that these activities could be accomplished from a distance Maurice Rousetty.

It’s a mistake to assume that after the vaccine is administered, all that changed in 2020 will return to the way it was.

If anything, Covid has made the world think about how fragile certain current systems were.

For example, as of the 13th of March were affected by school closures that were announced as well as implemented by 39 different countries. This does not take into account the closures for local schools which have been announced across 22 other countries at the time.

Like courier services, the online education industry was growing pre-covid. the pandemic only made it worse.

The new technology will aid in this change, too. being the World Economic Forum predicting the following: “With 5G technology becoming more prevalent in countries such as China, US, and Japan, we will see learners and solution providers truly embracing the ‘learning anywhere, anytime’ concept of digital education in a range of formats.”

Check out Maurice Rousetty our Education Industry Franchises Here

The development of technology will be a boost to a variety of other aspects of the field as well.

Based on the Guardian’s life following the lockdown survey more than 80 percent of Australians think it is appropriate for employees to be able to work from home after Covid. It will obviously have a negative effect on industries like the one mentioned that are benefitting.

One obvious concern for the increasing number of employees who work from home is the increase in employers also doing this since preserving the cost of a capital office is a mistake for a lot of.

Therefore, we should expect more businesses to operate at home, and those already operating to expand down.

Life After Lockdown

A report from KPMG Australia discussed what other aspects of business might evolve in the coming years. The forecasts in the report called, Our New Reality, support much of the information we have discussed previously.

For instance, KPMG talked about remote services that are becoming an integral part of our lives and stated the “face-to-face industries are being catalyzed into remote delivery – telehealth, remote schooling, fitness, and higher education.”

They also said that “large-scale acceleration of digital transformation across industries will happen simultaneously” and “home delivery demand will drive significant infrastructure investments”.

Regarding online learning, the industry is one of the new industries the report said they believe that “new models of education delivery may remain out of necessity” after which they added “that “primary, secondary and tertiary education have all been thrust to a digital delivery mode … [An] ability to deliver rich remote learning experiences will prove pivotal for universities.”

Your Success Is Their Success

One of the most significant aspects that is a key part of the model for franchises is that the franchisors are invested in the performance of the franchisees that they work with. This is why the most successful franchise models typically include some form of training, and that’s an additional reason why franchisors frequently assist their franchisees through difficult times.

For instance, in an inquiry conducted by The Franchising Council of Australia, approximately 95 percent of the respondents can recall a moment during Covid when they were assisted by their franchisee.

A capacity to change has been a key factor for franchisees in the past year, with the Australian Institute of Company Directors offering an example. They released quotes that show the focus of one franchise-changing when they “saw a massive decline in demand for its handyman services [so it] it switched to installing Perspex shields in shops”

It’s tempting to concentrate on the development of new industries in this modern moment, but this ignores human nature and the ability to innovate that ensures that traditional industries continue to thrive.

Of course, it is a year of transformation. But it’s also one that has proved that one thing has always been evident: in the business world, the ability to change and remain resilient is crucial. New industries will emerge created by the demands of the people living in 2020 and beyond.

Existing industries are also likely to find ways to grow. Actually, the majority already do. It’s a bright future, and we are eager to see what comes next.

Take a look at the Franchise A-Z and apply your creativity to the ever-changing world of business!