Best Businesses in Canada to Start in 2016

January 28, 2016 | Entrepreneurship

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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?

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  • I can’t go with any other choice...

    When I started my engineering business 4 years ago, I was looking for a space where it’s cost effective and at a prime location. It was a challenge! This is the best I could find, close to my home so the driving was faster, also the reception is exceptionally good. When you walk in the office, the welcoming atmosphere, the options I have here, I can’t go with any other choice.

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    Valluvan AlagirisamyInspar Inc.

  • You have the necessary simple structure which allows you to focus on your day to day job.

    We’ve been doing this for almost 8+ years on a full-time basis, and I’ve been with Officescape for just over 5 years at this point. Pretty much the length of our practice, we’ve been part of a certain shared office center. With Officescape, you get the advantage of amazing office space, professional staff to greet your clients, and not worrying about unnecessary procedures. You have the necessary simple structure, which allows you to focus on your day to day job.

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    Purvish ShahAdian Professional Services

  • It’s very professional and they don’t even know that its not our office!

    We started using Officescape primarily because we needed an address for mailing purposes and for our product. I use them for meeting rooms as well, when I bring my buyers in. It’s very professional and they don’t even know that that is not our Maxell office. It’s important for us to keep our profile image. Having a company in Canada for 16 years, our buyers are coming into our offices all the time, we still needed a space to have that place for our buyers to come visit us and vice versa.

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    Lynn LangMaxell

  • My experience has been very positive!

    I chose Officescape because the staff are really friendly, I found them really helpful and really resourceful. I also find the building to be really clean and really bright, I like some of the architectural design. They always greet my clients very friendly, always offer them coffee, tea, water and always say goodbye to them when they leave. My experience at Officescape has been very positive!

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    Ellen BradleyIntegrative Counselling Services

  • This is the perfect facility...to run your business

    I had the opportunity to use the Officescape location in Markham while working on a consulting project. Dave provides a top notch facility with excellent offices, boardrooms, connectivity, service and yes... great coffee. This is the perfect facility in Markham to run your business, meet your clients, and brand your company. Congratulations Dave on providing a much needed service to the business community.

    Mark FriedbergCognovative Business Services

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