2016 is a great year to start a new business. Here are a few small business ideas that may inspire you to get started on your new path:
Janitorial businesses offer a great way to work off peak hours. Commercial cleaning is done at night, so It is a perfect compliment to other daytime activities. It also pays well, and has low start-up costs making it ideal for a business owner with a strong work ethic and desire to succeed.
Accounting, Bookkeepping & Payroll services
Accounting is complicated for the inexperienced. Many small business owners would prefer to have a professional handle these tasks. Every business in Canada needs accounting services. A business with a big business to business market, repeat clients, and high prices makes for a perfect small business opportunity for someone interested in establishing an accounting business.
Construction Equipment Rental
With Canada’s booming housing market and all the new constructions start-ups, there is an increased demand for equipment. Many small contractors and construction businesses can’t justify the expense of owning and maintaining the various equipment they need on a case by case basis. With interest rates at record lows, there is the opportunity to lease or finance equipment at discounted prices, and rent that equipment to the small businesses that need it. Once the equipment is paid for it can become a real long term cash generator for the rental owner.
HVAC Installation and Maintenance
Global warming is a generally accepted fact. The reality is that Hot or Cold, Canadians will always need HVAC equipment. As our summers get hotter, and winters more unpredictable, there are more opportunities for businesses in the heating and cooling installation and maintenance business. HVAC equipment needs professional installation, ongoing maintenance and eventual replacement, and as such is a great way to establish long term customer relationships and residual income.
Food Trucks are the new hot trend in food service. They offer many advantages over opening a traditional restaurant, including lower start-up costs and overhead. In addition ot lower overhead, Food trucks are able to move around to different places, where demand is highest. A food truck doesn’t need to offer as large a selection as a restaurant, so operators can really concentrate on what they are best at.
Apps for Children
There is always a demand for innovation in education. With the increasing popularity of mobile devices, and the app-stores they offer, small business owners can leverage a great app idea into a hit. The children’s education category offers a unique opportunity to make software that qualifies as educational and offers a great opportunity to maximize return on investment.
Canadian Grants Business Center helps small business owners in Canada to find and apply to government funding programs to start or expand a business. Find Funding now at: http://canadiangrantsloans.com/funding-finder/