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Are you looking for business ideas in Canada with low investment? Do you want to know which is the most profitable business in Canada?
Business To Start In Canada
This great list of profitable business ideas provides a great entry point, whether you’re a beginner, a self-starter, or have a tight timeline.
Best Small Business Ideas For Startups In Canada
No need to spend a fortune to start a business. Below are great ideas that let you set up a business in Canada with little or no money.
If you have writing experience, start a blog and host it on free blog sites like WordPress or Wix.
Upload regular, valuable, keyword-focused content and information on topics that your audience will find useful and relatable. Use content to build trust and communicate with your audience.
In fact, bloggers earn an average of $39,186 per year, depending on audience size, digital traffic, content, and how long the blogger has been blogging.
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Affiliate marketing is a low-cost marketing technique where a business pays affiliates to promote and sell its products. Affiliates receive a commission every time they bring in a new customer.
If you run a blog and social media platforms, use them to promote products. Find websites that offer affiliate programs, such as CJ.com, Best Buy Canada, Amazon.ca, Impact Radius, Fintel Connect, Walmart, and Rakuten.
An affiliate marketer can earn an average of $59, 624 per year. Best Buy Canada and Amazon Associates Canada have commission rates of 1% and 10%, respectively.
Vintage apparel experts expect the industry to grow by 127% internationally and reach $82 billion by 2026. Take advantage of this by starting your own vintage clothing business.
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Set up your own vintage clothing store on sites like Shopify, ThredUp or Poshmark. Integrate your online store with Etsy and eBay for a wider audience.
Your revenue margin from the sale of used clothing can range from 4% to 20%. On average, a clothing reseller can earn less than $300 per month.
Running a courier business in Canada can be lucrative, especially if you are in an area with many offices and commercial establishments.
To start a delivery service, you need a driver’s license, a reliable and fuel-efficient vehicle, necessary tools and equipment, insurance, and necessary licenses and permits.
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Delivery drivers in Canada can earn an average of $20.80 per hour. Check out the best delivery apps and services in Canada.
Freelance copywriting is a zero-cost, in-demand business idea today, as companies increasingly use this service to increase sales through valuable content. Build a website for your copywriting business and develop an online portfolio that showcases your work.
Provide a list of the writing services you provide, such as writing website content, email marketing copy, or advertising copy. Establish your own rate, offering hourly and per-word options to provide flexibility.
Freelance copywriters can earn anywhere from $25 and $100 per hour, depending on experience and the type of copywriting.
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Experts predict the global online education market to reach $198.9 billion by 2030 due to the growing interest in low education costs.
To become an English online teacher, earn a TEFL certification and receive extensive training to make your business more marketable. Find a niche and focus on specific age groups.
Choose a learning platform (Zoom, Google Meet or Skype) to deliver your classes. Set an hourly rate or offer special range packages to give your customers options.
Tuition is one of the easiest businesses to set up, requiring minimal startup costs and is easy to scale up.
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Start by identifying your niche and the approach you want to take. Set up your business with all necessary paperwork (legal, regulatory and financial). Prepare your course materials.
Depending on your experience level, the difficulty of the subject matter, and the structure of your services, you can earn anywhere from $30 to $90 an hour as a private tutor in Canada.
Dog walking is a viable business considering that many people keep pets but don’t always have time to care for them.
While a business license may not be necessary to operate a dog-walking business in Canada, check with your municipality for the requirements you need to meet.
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Set a rate for your services. Use the average dog walking prices in your area as a base. You can charge per appointment with a specified duration.
On average, dog walkers can earn between $10 and $40 per walk. You can check out this review of Rover for one of the best apps for dog sitters.
POD is when you work with suppliers to sell your custom designs on items like T-shirts, tote bags and mugs.
To start a POD business, determine your niche, choose a product, and create a design with your customer in mind. Work with a print-on-demand company like Printify.
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A handyman business is another profitable business idea in Canada, with many homeowners and businesses in need of repair jobs.
Depending on the province, you may need to obtain permits and insurance to conduct residential or commercial work in Canada.
If you love taking photos, turn it into a full-time photography business. Get started by purchasing your photography equipment and attending workshops for professional photographers.
Use legal contracts and agreements with your vendors and customers. Be sure to obtain small business insurance for protection. Highlight your work using an online gallery.
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Depending on experience and the type of photography services provided, a professional photographer can earn an average of $100 to $250 an hour.
Many local businesses need help with their social media marketing and are willing to hire experts to help them profit from social media.
If you are proficient in using Instagram, TikTok and Facebook, consider setting up a social media marketing agency.
Choose a niche and industry to focus on. Expand into other areas as your business grows over time. Bundle social media services into different packages to give customers pricing options.
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If you have marketing experience, setting up a consulting service is a worthy business idea. Plus, it only requires minimal startup costs.
Earn certifications to prove your expertise in the field. Being certified also enables you to quote higher rates and take on more opportunities.
Required certifications for marketing consultants today include Google Analytics IQ, Google Ads Search Certification, and OMCP Digital Marketing Certification.
One of the most profitable businesses today, the catering market was estimated to reach $3.78 billion at the end of 2022.
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This is a low investment business idea where your startup cost can range from $5,000 to $50,000 depending on the type of catering business.
Register your business and obtain the necessary permits and licenses. Create a menu based on your target market and provide packages and custom requests.
If you have experience developing websites, starting a web development business can be profitable as it is one of the most sought after skills in Canada.
Decide on a target customer and establish a niche. Provide a list of services to help define your specialty. When setting your prices, provide per-project and hourly rates, or offer package options.
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Many businesses use the services of virtual assistants to handle their administrative tasks. These professionals are in high demand, and experts predict an increase in the need for their services.
You can pull together a startup business focused on this expertise for less than $5,000. All you need is an up-to-date computer and a reliable internet connection.
Most freelance virtual assistants in Canada charge $25 to $50 an hour, while more experienced ones charge higher rates.
Digital marketing continues to be an important marketing technique, with 86% of marketers citing increased brand awareness through digital marketing channels.
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In pricing your services, choose between an hourly rate or a flat retainer basis. You can also provide different package options on your website.
The average income for a digital marketer in Canada is $57,500 per year ($29.49 per hour). Experienced people earn up to $78,000 a year.
If you are fitness trainer then start personal trainer business. Total revenue in the industry is expected to reach $376 million by 2026, making it a viable business idea.
To become a personal trainer, you may need to obtain certification that allows you to work with clients or become a professional personal trainer. Certifications also make you more competitive.
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Appliance repair is a sustainable business as many families opt to repair their broken appliances rather than throw them away.
To start this business, you may need to complete an appliance repair program or apprenticeship. You may also need to obtain business certification from a regulatory authority.
Hourly rates for an appliance repair professional range from $130 to $260 per hour and may include a service fee for a home visit.
The FBA option allows you to store your inventory in an Amazon warehouse and ship your orders from there.
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Although you will have to pay a collection fee for FBA, it provides convenience and saves you time as it ensures prime shipping and faster delivery.
The trick is to choose products that sell well so that items aren’t stored in Amazon warehouses for too long. Amazon FBA sellers earn an average sale of $25 to $1,000,
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