Close

Most Profitable Small Business Opportunities In Canada

In the year 2017, Canada has seen tremendous opportunities for entrepreneurs who are looking to start a small business. Having the right vision and wok ethic can allow you to create a profitable business which fits your unique skill set. Here are some industries which are worth thinking about when starting a new venture.

Transportation and storage

The transportation and storage industry comprises of passenger transportation which can allow one to have the right warehouse and storing products. The industries can have a small start which can allow one to purchase a single truck and soliciting a handful of customers which can easily be expanded by hiring more driver and putting them on the road which has helped the customer base to grow.

Waste management and remediation

Waste management

With a growing economy, it is unavoidable that there is going to be an accumulation of waste which can be expanded with paper and old electric devices and other devices which are tossed in favour of the newer model. It is not fun but is one of the most environmentally friendly ways to keep people from the massive destruction which can help you curb waste production. Waste is never going away, which can mean a lot of opportunities for environmentally conscious entrepreneurs to make the planet a better place.

Professional services

Personal services which involve skills like marketing, accounting, management consulting and also conducting scientific research is thriving, especially when it comes to selling the knowledge and expertise as human capital. They are many businesses which can save on taxes and can streamline their account and payroll processes which can improve the marginal strength. There are many professional services business which can allow one to update their skill set to ensure that they do not depend on the direction of economic funds which can help one have a pike on technology.

Real Estate

Real Estate

With the flourishing economy, people buying and renting houses also increases. As the business grows, one can easily expand their need and fill worked to a certain position. These workers are crucial to ensure that you are putting down roots to help start a new career. There are many real estate professionals who can allow one to buy and sell properties, manage rental and investment real estates and others. Real estate market is proven to be profitable as the average revenue which was made is $181,000 for medium-sized enterprises.

Fitness and recreational sports centres

If you are someone who is passionate about fitness and want to turn your love of exercise into being healthy, boutique fitness centres are giving a big impersonal chain gym which is a serious competition which has allowed one to give the right workout. It is estimated that 70% of fitness and recreational sports centres in the country can have profitable sales but requires a lot of hard work and reaching the limits.

 

Leave a Reply

Your email address will not be published. Required fields are marked *