Blog » Home » Blog» Best Businesses in Canada to Start in 2016

Best Businesses in Canada to Start in 2016

January 28, 2016

If you are interested in starting a small business in 2016, there are plenty of options that you can explore to help you achieve success. The most popular businesses are found within the service sector. If you want to take on the role of an entrepreneur and enjoy the experience of being your own boss, here are five business ventures that are worth starting in 2016.

 

Healthy Food Products

Canadians are putting their health first, particularly when it comes to creating meals that are ideal for weight loss and diet management. Four out of every ten dollars are spent on accessories or devices for improving health. Creating a business that sells specialized health products such as gluten free desserts will cater to a growing niche market.

 

Exercise and Fitness Businesses

When searching for a business, start with a low entry cost.  The exercise and fitness industry is ideal. Taking up yoga and pilates or other related activities can earn you a good living, as the market is full of people looking to improve their overall wellbeing. Furthermore, you do not even need a premises, you can go directly to your customers to reduce your overhead costs.

 

Catering to the Elderly

The elderly require a significant amount of assistance and companionship, and they are willing to pay for it. There is an increasing aging population in Canada, where people live for an average of 83 years.  This is a pool of customers you can easily tap into. The range of jobs that you can do include personal shopping, cleaning, chauffer services and nursing.

 

Personal Services

This is the type of businesses where you use your current skills to figure out ways to offer yourself in services. It all comes down to convenience for potential customers who are willing to pay others to help them maintain their fast paced lifestyles. Personal planners, personal shoppers and even life coaches have the ability to tap into the growing demand.

 

Social Media Consultant

Businesses, both large and small are realizing the important role that social media can play. Having the skills to elevate businesses’ social media and online presence is a good starting point for creating your own business. You can offer consulting services, as well as provide online marketing and website design. You can also take advantage of the growing demand to provide content for websites and social media platforms.

If you are uncovering what the best businesses in Canada to start in 2016,  there’s plenty of opportunities. Profitable businesses are commonly easy to set-up, often requiring only one person, affordable to maintain and can be expanded when necessary. Expansion is also low in cost as what is often needed is someone of similar skill to join your team. Take control of your life and your income in 2016, and explore one of these business ideas.

Do you think 2016 is a good year for you to start a business?


Leave a Reply

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


Stay Informed

Get weekly updates right in your inbox. Provide your email address here.

Latest Post

How a Virtual Office ..

As more individuals choose to work from home, the need for a long-term office space is on the decline. Many entrepreneurs see the benefit of working remotely in the early stages of their career. Starting ..

Read More

Why Your Business Ne ..

As a new entrepreneur, it can be a challenge to know where to start. There are so many structural, financial, production and process-related issues to take care of, while you want to grow your customer ..

Read More

How a Part-Time Offi ..

Renting or leasing your own office may sound like an ideal scenario, but it will typically come with a big price tag. Fortunately, a short-term rental is the perfect solution. Part-time office rentals come fully ..

Read More

Why Renting an Offic ..

The ability to rent a small office space is not strictly reserved for established businesses. In fact, entrepreneurs can benefit in many ways from working out of a commercial facility. A business centre will provide ..

Read More

Business Centres: Cr ..

In recent years, telecommuting has become a popular choice amongst professionals in the workforce. Working remotely offers convenience, flexibility, and significantly reduces costs on commuting and appropriate clothing for the office. Considering becoming an entrepreneur? ..

Read More