Least Profitable Small Businesses. As businesses grow and expand, they need new workers to fill open positions. He is the Executive Producer @JanellaTV and also doubles as the CEO, POJAS Properties Ltd. How to Find Companies Looking for Distributors in Canada, How to Register and Start a Business in Saskatchewan, How to Start a Business in Canada With an Open Work Permit. No special education or experience is needed to start this business or ensure that you succeed, except your determination. You could go into this kind of business and watch how you get a steady stream of cash. Whatever your background is, with the right vision and work ethic, you can find a profitable business opportunity that fits your unique skill set. Copyright © 2020 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. However, if you aren’t proficient enough, but are interested in going into this kind of business, then you could take a course that would ensure that you become savvy in the business of writing copies for catalogs, brochures, advertising, and also marketing copy for the web. The rental property business requires you be a landlord as well as business person, as it involves investing in real estate which includes residential properties, and apartment buildings. For eg : to start shipping or freight forwarding company, you need a table, 2–3 chairs and 1–2 phones. You can start this kind of business and ensure people know about you by placing your posters in strategic places. This is a business that could bring in some money for you by offering to write a business plan to those intending to start their own businesses but do not have the time to sit and write out a plan for themselves. You could offer additional services as well so that even professional gamers would seek your services. If you enjoy keeping your fingers on the pulse of your local market and you’re good with people, a real estate business might be your ticket to a lucrative career. Another corollary of a flourishing economy arises from people buying and renting houses, condos, and office space. As a website developer, you would need to have portfolios of your jobs so that potential clients could see and contract your services. 1. Help people remove their junk for a fee; ensure that you put your posters in targeted areas so that people can get to you. You could help dog owners take their dogs for a walk, or could look after a pet for those who might be going on business or leisure trips. One favorable thing in Canada for new businesses is the low corporate tax available that will enable your business grow. If you have a passion for fitness and a passion for people, you could turn your love for exercise and being healthy into a lucrative small business. If you yearn to run a profitable business (don’t we all), take a look at the following 20 most profitable small businesses. Information may be abridged and therefore incomplete. However, you will need to be familiar with cleaning products and chemicals that would be required for your kind of business. These five industries are worth thinking about if you’re starting a new venture. This is another business you should consider opening after ensuring that your target area does not have too many bars. Affiliate marketing. If YES, here are 50 best profitable small business ideas and investment opportunities in Canada. The takeaway is that this industry requires a lot of dedication and hard work, but if you bring that to the table, the sky is the limit. However, if you choose to do the catering business in itself, then you have to learn some other menus and delicacy from other cultures. Transportation companies are making money on Canada’s waterways, too. Before starting this kind of business, you would need to ensure that you are organized and a calm person, as this kind of business, requires one who is organized. A license would ensure that people entrust their computers to you. Every country has a sizeable chunk of senior citizens that make up its population, and Canada is no different. It’s not great for the environment, and thankfully more businesses every day are accepting their role in promoting a sustainable future for all people and taking proactive steps to curb waste production.