Small Scale Business Ideas

Starting a Small Business with Minimal Investment

The Canadian economy is constantly changing — and whether you’re an up-and-comer, considering a career change, or simply aspire the financial freedom of extra income, this means looking towards starting a small business with only minimal investment. And yes, it’s possible.

Over the past years, small businesses have become the backbone of the Canadian economy. This means countless new providers sprouting up in the market and offering products and services at competitive prices which local customers have come to trust. For job-seekers, this growth also means shifting their career aspirations to become part of small business ventures and harnessing their skills and talents there.

Whether you’re highly skilled outside of your standard 9 to 5 job, or you have other passions worth pursuing, starting a small business is the way to succeed in the current economy. This means leveraging your unique skills to provide in-demand goods and services with only a minimal investment — your sheer talent and resources made especially available to budding business owners, such as external financing.

Source: Ontario Business Central

Small Businesses that Provide Maximum Returns

It doesn’t matter if you’re looking to turn your passion into a profitable venture, or you want to get ahead of the demand for popular products and services — there are endless possibilities of highly rewarding small businesses.

From cleaning services to event planning, local courier and delivery services, financial advising, graphic design, food and baking, personal training, and appliance repair, there’s no shortage of ideas for small businesses! All you need to do is find a niche and leverage your unique skills to offer these in-demand services. These small business ideas are popular as customers are always looking for products and services that make their lives easier, and getting paid to take care of these needs is a win-win for everyone.

The returns will surprise you — with only minimal investment required, you can quickly turn your passion and skills into a profitable venture; plus, local talent is always easy to hire if you need an extra set of hands. With little capital, you can quickly grow your chosen venture and turn your passion into a solid career and a steady stream of income.