Affordable Business Ideas to Start in Canada with Low Investment

Starting a business in Canada doesn’t have to mean draining your savings or taking out a massive loan. In fact, some of the most profitable ventures

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Affordable Business Ideas to Start in Canada with Low Investment

Starting a business in Canada doesn’t have to mean draining your savings or taking out a massive loan. In fact, some of the most profitable ventures today started from humble beginnings—built on passion, a smart idea, and a laptop at the kitchen table.

Whether you're a newcomer to Canada, a student, a stay-at-home parent, or simply looking for a side hustle, this post is for you. We'll walk you through ideas you can start a business in Canada with minimal capital, and how to make the most of them.


Let’s dive into ideas that are low-risk, high-potential, and doable even if you’re just starting out.


1. Freelance Services (Writing, Design, Marketing, etc.)


If you have a skill, there’s someone willing to pay for it. From content writing and graphic design to digital marketing and virtual assistance, freelance services are booming in Canada.


Investment Needed:

Under $500 (for a website, marketing, and software subscriptions)


Pro Tip:

Start by offering your services on platforms like Upwork, Fiverr, or Freelancer.ca, then build a portfolio to attract private clients.


2. Online Tutoring or Coaching


Are you good at math, science, languages, or even resume writing? Canadians (and people worldwide) are willing to pay for online education.


Investment Needed:

Under $300 (for webcam, microphone, and online tools)


Pro Tip:

You can start as an independent tutor or partner with online platforms like Preply or Superprof to find clients more easily.


3. Dropshipping Business


No need to stock inventory or rent a space—dropshipping allows you to sell products online without physically handling them. Once you get an order, the supplier ships it directly to your customer.


Investment Needed:

$200–$500 (to set up an e-commerce store, like with Shopify)


Pro Tip:

Focus on niche products with passionate buyers and low competition. Think eco-friendly gadgets, pet accessories, or fitness tools.


4. Cleaning Services


Cleaning homes, condos, and offices can be a great way to generate consistent income. With many busy professionals and families, demand for reliable cleaners is high in urban areas.


Investment Needed:

$500–$1,000 (for cleaning supplies and initial marketing)


Pro Tip:

Start small, target a specific neighborhood, and grow by word-of-mouth or online reviews.


5. Print-on-Demand (POD)


Want to sell t-shirts, mugs, or tote bags with your own designs? Print-on-demand platforms like Printful and Teespring allow you to design products and sell them online without holding inventory.


Investment Needed:

Under $300 (for branding and design tools)


Pro Tip:

Use Canva or Adobe Express to create original designs. Market your shop via Instagram, TikTok, or Etsy.


6. Social Media Management


Small businesses across Canada are desperate for someone to handle their social media presence. If you understand how to grow Instagram, Facebook, or TikTok accounts, you could offer this as a service.


Investment Needed:

Under $200 (mainly for tools like Buffer or Canva Pro)


Pro Tip:

Show results by managing a demo account or your own page, then pitch local businesses who might need help online.


7. Mobile Car Wash and Detailing


With more cars on the road and less time for maintenance, mobile car detailing services are increasingly in demand. The best part? You can go to your customers.


Investment Needed:

$1,000 or less (equipment, cleaning materials, and marketing)


Pro Tip:

Start with friends and family, document your work on social media, and offer referral discounts to build your customer base.


8. Home-Based Baking or Meal Prep Services


Have a passion for food? Turn your kitchen into a money-making machine. Homemade baked goods, custom cakes, and healthy meal prep services are always in demand.


Investment Needed:

$500–$1,000 (for ingredients, packaging, and basic kitchen tools)


Pro Tip:

Check local food safety regulations in your province. Promote your dishes on Instagram and in community Facebook groups.


9. Reselling and Thrifting Business

Buy discounted items from thrift stores or liquidation sales and flip them online for a profit. This model works well for clothing, electronics, books, and vintage collectibles.


Investment Needed:

$100–$500 (for inventory and packaging)


Pro Tip:

Use platforms like eBay, Poshmark, Kijiji, and Facebook Marketplace to reach local and national buyers.


10. Pet Sitting or Dog Walking

Canadians love their pets, and many are happy to pay someone trustworthy to look after them during busy work weeks or travel.


Investment Needed:

Under $100 (just basic supplies and promotional materials)


Pro Tip:

Start locally and ask for testimonials from your first clients. Sites like Rover can help you find pet owners nearby.


Starting Small, Thinking Big


You don’t need a fortune to start a business in Canada. What you need is the right mindset, a willingness to learn, and a solution to a real need. Whether it's helping people save time, solve a problem, or enjoy something they love, there’s space for you to build something meaningful.

And remember, almost all the ideas above can start as a side hustle. You can grow them gradually while keeping your day job, testing the waters without risking everything.


Before You Launch: A Quick Checklist


  • Register your business: Depending on your province and setup, you may need to register a sole proprietorship or partnership.
  • Open a business bank account: Keep your finances organized from day one.
  • Get the proper permits: Some services (like food or cleaning) may require licenses or inspections.
  • Track your income and expenses: This will help you when it’s time to file taxes.
  • Market smartly: Leverage social media, local groups, and word-of-mouth referrals.

FAQs


1. Do I need a business license to start a small business in Canada?

It depends on your business type and location. Some businesses don’t need a license, but services like food, childcare, or cleaning may require municipal approval.


2. Can I run a business from home in Canada?

Yes! Many small businesses are home-based. However, some cities require you to get a home occupation permit, especially if you have clients coming to your house.


3. What business can I start in Canada as an immigrant or student?

You can start any business permitted by your visa status. Permanent residents and citizens can launch businesses freely, while international students or temporary residents must check with IRCC and their visa terms.

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