The category of small businesses is differently defined in various countries. Some consider it to be a privately owned company that has less than fifteen workers, while somewhere a company of five hundred employees can still be a small business. Ontario is a resource-rich province that offers top quality of life. It has excellent infrastructure and it is very open to international markets. So, it makes sense that it is a great place for small business owners.
Are you planning to start a small business in Ontario?
That is a great idea! Ontario is one of the fastest-growing Canadian provinces, which means that entrepreneurship and small business opportunities are abundant. At the moment, there are almost 400,000 small businesses registered in this 13.5 million-people province.
Before becoming one of the small business owners in Ontario, you should think about the following:
- Have you decided what your business is going to be like?
- Do you have a business plan? Did you have it reviewed by an expert?
- Did you learn about the available funding programs for the Ontario province? There are many funds for small business owners aimed to help them hire staff, pay for marketing, acquire the necessary tools and equipment, etc.
There are many small business advisors that you can contact if you need some advice. In case you need any help relocating your small business to Ontario, don’t you worry. Burlington has to offer experts in relocation, bear that in mind if you are to move your business.
Funding options small business owners can use in Ontario
Do you already have an idea for your small business?
If you already have an idea for starting your small business, the next thing you should do is make a solid business plan. However, if you are indecisive about what you should do to earn your living and be your own boss, you should be very careful when choosing a field of business. You should select something according to your preferences, professional experience, and knowledge. Here are some ideas you can think about.
We are all becoming busier and busier as the days go by. That is why we are becoming more eager to pay for the services we really cannot be bothered doing after a hard day at work. And why would you spend your free time cleaning, when you can do all sorts of interesting stuff? Having your house cleaned by someone else once a week or once a month is no longer a luxury. And, you will be doing someone else a favor and helping their business. If you are the one planning to start the home cleaning business, besides the knowledge of cleaning products and procedures, you will need some reliable staff. Strong organizing skills are only a plus if you have them.
If you have a proper vehicle and a driving license with a good driving record, you can start the delivery business. The most important thing here is to be able to deliver goods quickly and efficiently. And if you offer your services at a reasonable price, this could make you one of the successful small business owners. To remind you, you will need to invest in marketing to spread the word about the service you are offering.
Grass cutting and more
Bed and breakfast facility
Opening a B&B facility might be a great idea if you have a house with a few spare rooms, or if you are ready to invest in buying a facility for the purpose. Many people have earned loads of money thanks to their buy to let strategy. Again, you will need to hire some reliable staff that has some experience in the hospitality business.
Again, something that not many people enjoy doing. This is one of the least expensive, yet very profitable ideas. The great thing about painting is that it is not a seasonal job. That means that you as one of the small business owners are safe during an entire year.