In Canada, 100,000 CAD is huge money especially when it is the pool cash available to an aspiring entrepreneur. The truth is that there are a thousand and one businesses you can comfortably start with one hundred thousand Canadian Dollars. As a matter of fact, some businesses have huge daily returns and you can breakeven in record time.
Canada happens to be one of the leading countries in the world that provides an ideal platform for aspiring entrepreneurs to start and grow their small-scale businesses. Canada presently enjoys strong economic growth while business owners enjoy low taxes and low business costs. Canada offers a platform that gives room for excellence in research and innovation and of course you will enjoy top quality lifestyle as an entrepreneur in Canada.
One of the factors that encourage people to start a business in the country is the ease of doing business and Canada is ranked 22 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. Having said that, if you have $100K CAD, here are 50 best business opportunities you can start with the money.
What is the Best Business to Start With $100K in Canada?
Table of Content
- Solar Water Heater Installation Company
- Sale of Customized Winter Jackets, Head warmers, and Boots
- Timber Transportation Business
- Sporting Good Retail Store
- Digital Marketing Services
- Taxi Business
- Dental Handpiece and Medical Equipment Repair Business
- Security Camera Installation Business
- Mobile Paper Shredding Business
- Nanny Agency Business
- Immigration Attorney Agency
- Consignment Shop
- Fruit and Vegetable Retail Store
- Bridal Rental Shop
- Car Wash
- Educational Consultancy Agency
- Cleaning Services Company
- Photography Business
- Corporate Image Consulting Firm
- Dessert Bar Business
- Driving School
- Selling Artworks
- Face Painting Business
- Headlight Restoration Business
- Home/Building Inspection Firm
- Homemade Chocolate Retail Business
- Home and Office Food Delivery
- Health Coaching Business
- Watch and Jewelry Repair Shop
- Laundry Business
- Become a Photographer for Models
- Become a Professional Barber/Open a Barber’s Shop
- Buying and Selling Junk Silver
- Makeup Artist Studio (Become a Makeup Artist)
- Credit and Debt Counseling Business
- Crime Cleanup Services Business
- Car Leather Repair Shop
- Cupcake Business
- Dog Training Business
- Dryer Vent Cleaning Services Business
- Graffiti Removal Business
- Knife Sharpening Business
- Dog Kernel Making Business
- Monograming Business
- Mortuary Transportation Business
- Drywall Installation Business
- Granite Hauling Business
- Locksmith Business
- Medical Waste Disposal Business
- Mobile Mechanic Business
Solar Water Heater Installation Company
If you studied electrical engineering or any related course and you are keen to own a business in Canada that you can successfully start with $100K CAD, then you should consider starting a solar water heater installation services business.
This is one business that you can successfully start on a small scale and if you are good with what you do, it won’t be too long before you become a household name in your city. The solar water heater installation industry installs solar water heater systems as part of general residential and commercial contracting services.
Sale of Customized Winter Jackets, Head warmers, and Boots
Canada is one of the countries of the world that you can’t afford not to own a winter jacket, head warmer, and boots. The enormous size of Canada and the remoteness of many areas from the sea result in the dominance of the humid continental climate, which is prevalent in all parts of the country except for the tundra and the extreme southwest. This means that Canada is extremely cold and the sale of customized winter jackets, head warmers and boots can be quite profitable.
Timber Transportation Business
Another feasible business that can be started with $100K CAD in Canada is timber transportation business. Canada has one of the world’s largest forest reserves and interestingly, you don’t need a fleet of trucks to be able to transport timber from the forest to timber processing mills. As a matter of fact, with just one truck, you can maximize profits in this line of business.
Sporting Good Retail Store
The average Canadian is usually engaged in one or more sports. As a matter of fact, Canadian athletes have always been in the top 15 for the number of gold medals collected at the Summer Olympics. Canadian gymnasts, track-and-field athletes, ice hockey, wrestlers, boxers, fencers, shooters, cross country skiers, biathletes, speed skaters and figure skaters were consistently among the best in the world, along with Canadian basketball, handball, and volleyball players.
This goes to show that opening a sporting goods retail store, a shop where new sporting goods and accessories will be retailed. Interestingly, you can start a sporting goods retail store on a small scale with just $100K CAD.
Digital Marketing Services
Another small scale business that can be started with $100K CAD is digital marketing services company; there is indeed large market for digital marketing companies in Canada. Digital marketing is the process of leveraging on modern digital technology to market goods or services or the process of pulling website traffic or attention through social media sites.
Tthey achieve this by creating content that attracts attention and encourages readers to share it across their social network platforms. One of the major purposes of leveraging on Social Media in marketing is that it covers a wide range of target market compared to other marketing tools. It is a cool way of making money from the comfort of your home as long as you can produce measurable results for your clients.
If you are considering starting a thriving small scale business that will cost you just $100K CAD in Canada, then you should consider starting a taxi business. With comfortable taxis, the right location, top-notch service and good marketing, you can serve large customers who require your services to move from one location to another.
It is important to note that starting a standard taxi business with over a handful of taxis and drivers also needs a significant investment capital, solid planning, and concentration to detail in order to keep the business profitable.
Dental Handpiece and Medical Equipment Repair Business
Starting a dental handpiece and medical equipment repair business is yet another fast – growing small scale business that an entrepreneur who is seeking to start a business with $100K CAD in Canada should consider. Dental handpiece is an instrument for holding dental burs to remove tooth structure or to smooth and polish restorative materials.
Handpiece rotations are measured in rotations per second. Handpieces may be powered by electric motor or air turbines and are characterized as high speed or low speed depending on their rotational speed.
Security Camera Installation Business
Another business that can be started with $100K CAD in Canada is security camera installation business. As a matter of fact, in Canada you will notice that a good percentage of banks, homes, offices, public and government facilities have security cameras (CCTV) installed in strategic positions because in some cases it is made compulsory.
This goes to show that there is indeed a large market for security camera installation business in Canada. Despite the fact that security camera installation is a technical business, that does not in any way rule out the fact that an entrepreneur with zero technical skills can learn the trade within few months if they are smart.
Mobile Paper Shredding Business
Although there are smaller paper shredding machines that most businesses use, but when it comes to shredding huge piles of papers / documents, the services of mobile paper shredding companies are employed. The mode of operation of mobile paper shredding companies is that they take their industrial paper shredding machine in a truck to their client’s office.
The client brings in the documents/papers to be shredded and the papers/documents are shredded in their presence (under the clients’ supervision) before transferring the shredded documents to paper recycling sites. Interestingly, this business can be started with $100K CAD or less.
Nanny Agency Business
Nanny agency business is yet another thriving and profitable business that can be started with $100K CAD in Canada. The truth is that nanny agency services business is one of the businesses that an entrepreneur can successfully start small and perhaps with a functional home office without breaking the bank for cash. All you need to do is ensure you supply reliable and hardworking nannies when you get request from clients. You can actually run this type of business with just a phone and the internet.
Immigration Attorney Agency
If you are a lawyer and you intend starting your business in Canada with $100K CAD, then you should consider starting your own immigration attorney agency. There are many migrants who are trapped in Canada simply because they don’t know who to talk to when they have challenges with immigration, that is why it is important to set up your own immigration attorney agency.
Being an immigration attorney means that you will help your clients become citizens of Canada, you will help defend your clients who have issues with the government. You can also help your clients obtain work permits, and help them start a business in another country, etc.
Another thriving small – scale business that can be started with $100K CAD in Canada is a consignment shop. A Consignment Shop is simply a shop where fairly used goods are sold at giveaway prices. It could be clothes, shoes and other fashion accessories, electronics, furniture, toys, books, tools, musical instrument, office equipment, machines and a host of other stuffs.
You can start this business without money because you would only be required to collect goods from people who are clearing out their wardrobes, houses, offices or garages at no cost at all. In other words, you would be automatically helping them get rid of the items they do not want and in turn make your profit.
Fruit and Vegetable Retail Store
Fruits and vegetable retail is yet another thriving and profitable business that can be started with $100K CAD in Canada. If you are considering starting a fruit and vegetable retail store business in Canada, the good news is that you can’t get it wrong because almost everybody consumes fruits and veggies.
It is important to state that starting a vegetable and fruit retail store business comes with its own fair share of challenges, but that does not rule out the fact that it is indeed a profitable business, especially if you locate it in a good location and you know how to source for fresh fruits and vegetables.
Bridal Rental Shop
A bridal rental shop is yet another small – scale business that an aspiring entrepreneur can start with $100K CAD in Canada. Bridal rental shops are retail outlets that predominantly rent bridal wear, including wedding gowns, veils and other accessories such as shoes, ties, gloves and jewelry.
One good thing about this type of business is that you don’t need to enroll in a conventional school to learn how to run this type of business; it only requires basic business skills such as customer service, accounting, bargaining, networking and of course overall business management skills.
A car wash is another small – scale business that is thriving in Canada and can be started with just $100K CAD. The basic services offered by car wash companies revolves around cleaning, washing, and waxing. In the car wash industry, you will also find customized services such as full- and self-service car wash services, as well as truck and bus washes and vehicle detailing services.
Please note that the market for car wash is driven by the purchase of cars and increase in consumer spending – in essence, as the general economy of a country grows, more people will buy cars and more people will patronize the services of car wash companies.
Educational Consultancy Agency
Educational consultancy agency is one of the businesses that can be started with $100K CAD in Canada. Canada happens to be one of the top destinations when it comes to international students who are looking to study abroad. There are many would-be students aspiring to go to colleges/universities in Canada or abroad who are trapped simply because they don’t know how to go about it, that is why it is important to set up your own education consulting firm.
Being an educational consultant means that you will help your clients handle all their educational concerns, help to gain admission to colleges or universities of their choice. You can also help your clients (international students) obtain work permits.
Cleaning Services Company
The services industry is a thriving industry in Canada and one of the businesses that can be categorized under the services industry is cleaning service. This type of business can be started with $100K CAD and it can be started by anybody as long as you have eyes for details and cleanliness.
The truth is that in Canada, you have the chance of making a success out of the cleaning services business if you have good marketing skills and of course the ability to thoroughly carry out cleaning jobs.
A photography business is one small – scale business that can be started with $100K CAD in Canada. Even if you are a rookie, all you need to do is to enroll in a photography school and get trained on how to take pictures in a more professional way.
Although it might take you some years to be able to carve a niche for yourself as a professional photographer, but if you get the process started by enrolling in a photography school, you will definitely grow to become a well-respected professional photographer.
Corporate Image Consulting Firm
Starting a corporate image consulting firm is not too expensive except for the money required to rent and furnish an office space and it can be started with $100K CAD especially if you choose to operate from your home office or a shared office space. Running this type of business requires that you should be trained as a brand specialist, and it is indeed a very lucrative business in Canada.
Being a corporate image consultant means that you will help your clients handle everything that has to do with the corporate image they want to public to see in them. That is, your goal as corporate Image Consultant is to improve the way an organization’s employees look and act.
Dessert Bar Business
Dessert bar business is one of the businesses that can be started with $100K CAD in Canada. Starting a dessert bar business is one sure way of making money because dessert bars are consumed by a host of people in Canada. Dessert bars, or simply bars or squares, are a type of American “bar cookie” that has the texture of a firm cake or softer than usual cookie.
They are prepared in a pan and then baked in the oven. They are cut into squares or rectangles. The ingredients used in the production of desserts are sugar, eggs, butter, flour and milk, common ingredients are chocolate chips, nuts, raspberry jam, coconut, cocoa powder, graham cracker, pudding, mini-marshmallows and peanut butter. More exotic bars can be made with ingredients including sour cream, rhubarb, pretzels, candies, vanilla, raisins, and pumpkin.
Another business that can be started on a small – scale with $100K CAD in Canada is a driving school business. Driving school business is generally competitive because it is not difficult to start and any entrepreneur, who intends to go into this business, should ensure that they carry out thorough feasibility studies and market research so that the risks associated with this type of business can be greatly minimized.
The first thing to consider before launching this business is to know how to secure all the required license and permits needed to successful run this type of business in Canada, the road network in your chosen location, the ideal insurance and the type of cars needed to run this type of business
If you know you are good with selling stuffs and you are looking for a business to start with $100K CAD in Canada, you can consider selling artworks. Selling artworks require little or no startup capital and it is very profitable. If you are lucky to come by a good artist that is willing to give you his or her artworks to sell based on commission, then you can be rest assured to spend very minimal startup capital to launch this kind of business.
On the other hand, if you are an artist, it makes it easier for you. You can do any artwork based on your client’s specification. You stand the chance of maximizing profit because you are both the producer and the distributor (marketer).
Face Painting Business
Loads of people all around the world are making good bucks from face painting business and you can become part of them if you are creative, artistic and interested in starting a small – scale business in Canada. Face painting adds fun to parties and carnivals and the chief reasons why people organize parties and carnivals is to have fun. Facing painting is not just restricted to kids and teens. Adults also love their faces to be painted during parties. This type of business is not capital intensive and you can start it with $100K CAD or less.
Headlight Restoration Business
If you are considering starting a small – scale business with $100K CAD, then you should consider starting a headlight restoration business. Starting a headlight restoration business requires automobile – electrical training, low startup capital, and the profitability of the business is largely dependent on the number of headlights you can fix in a day or a month.
The truth is that it is to your advantage to add other automobile works to your headlight restoration business if you want to make good money from this business. Headlight restoration business is all about helping cars and truck owners to restore their damaged or malfunctioning headlights.
Home/Building Inspection Firm
Another small – scale business that can be started with $100K CAD in Canada is home / building inspection. This is one business that requires minimal startup capital and minimal manpower and can be started from a home office. Home/building inspection firms basically perform inspections on buildings.
When home inspection representatives inspect a building, they evaluate its structure and component systems, and they prepare a report on the physical condition of the property. These reports are written for buyers or others involved in real estate transactions.
Homemade Chocolate Retail Business
Homemade chocolate retail business is yet another business that can be started with $100K CAD or less in Canada. The major things you need to have in place to make success from this type of business is a good location, well – packaged homemade chocolate and of course good customer service cum accounting skills.
Homemade chocolates are chocolates that are made from a home kitchen and not in a factory of some sort where chocolates are mass produced within a short period of time. Those who are into homemade chocolate retail ensure that they target locations where they can easily attract children because children are the major consumers of chocolates and candies et al.
Home and Office Food Delivery
Home and office food delivery service is a business that can be started with $100K CAD and the business involves the delivery of food to any destination within the selected coverage area. Basically, the process of ordering food from a local restaurant or food cooperative in Canada is through the telephone, website or customized mobile app.
It is same process when ordering goods from online stores, and many of these food delivery services companies allow customers to keep accounts with them in order to make frequent ordering convenient. Payments are usually done either by credit card or cash, with the restaurant returning a percentage to the online food company if they are not the owners of the restaurant.
Health Coaching Business
Another small scale business that can be started with $100K CAD in Canada is Health Coaching Business. The fact that people want to live healthy means that they will do whatever it takes to achieve that goal including exercising and eating right and that is where a health coach comes in. Health coaches are knowledgeable on how exercise, lifestyle and foods affect the health, physiology and wellbeing of a person.
They help guide people to live healthy. If you want to start your health coaching business in Canada, you need to obtain all the necessary licenses and certifications. The truth is that, the market is still pretty much open for new practitioners to come in.
Watch and Jewelry Repair Shop
One cool way of making money is to start a jewelry repair business and this business can be started with $100K CAD or less. This business is a thriving one because people generally have one or more jewelries that they make use of on a regular basis. The truth is that when jewelries are used, there are tendencies for them to wear out or get damaged hence the need for the services of jewelry repair shops.
Watch and jewelry repair shops provide watch and jewelry repair services, including sizing, polishing and battery replacement amongst other related services. They also offer other repair and rental services and resell refurbished merchandise and parts.
Another small scale business that can be started with $100K CAD in Canada is laundry business. If you are interested in starting your own laundry business in Canada, it will be a wise decision to first and foremost take out time to conduct detailed cost analysis before investing your time and money into the business idea. The truth is that some businesses fail simply because proper cost analysis was not carried out prior to starting the business.
Starting a laundry business requires that you purchase or lease equipment that are needed to run the business. Beyond the skill set you will be bringing to the table; equipment is also instrumental to the starting and running the business.
Become a Photographer for Models
Another thriving small – scale business that an aspiring entrepreneur can start in any of the major cities in Canada with $100K CAD or less is a photographer for models business. It is one thing to become a photographer but another thing to have your own area specialization in photography.
This is so because there are a host of niche areas to choose from in the photography industry and one of them is becoming a photographer for models. The truth is that becoming a photographer for models will open a whole lot of business opportunities for you because you can be an all-rounder. It means that you can cover children cum babies that are models, pets that are models and of course adult models.
Become a Professional Barber/Open a Barber’s Shop
Another small – scale business that can be started with $100K CAD in Canada is a barber’s shop. A professional barber is a person whose livelihood is mainly to cut, dress, groom, style and shave hair. Aside from the fact that people go to cut, dress, groom, style and shave in a barber shop, it is also place where people go to socialize.
Buying and Selling Junk Silver
Buying and selling junk silver is a highly profitable small-scale business that can be started with $100K CAD in Canada. This business requires low startup capital and you can determine the capital you intend investing in the business. There are several sources to buy junk silver coins and there are various avenues you can sell your coins.
You can buy junk silver coins from your neighborhood, from online stores, from flea markets, from antique stores, from pawn shops and also from jewelry shops. You can also get junk silver from recycling electronics. The bottom line is to ensure that you know the market value of junk silver per time; that is only when you will be able to sell at a price that will guarantee that you make good profit.
Makeup Artist Studio (Become a Makeup Artist)
Makeup artists are individuals who use their talents and tools to makeover, transform, and improve another individual’s face (and sometimes their body). The works of these talented individuals corrects imperfections, highlights positive attributes, and remedies issues.
But whether they are highlighting cheekbones for a key event, perfecting the smoky eye for a photo shoot, or applying prosthetics for theatrical productions, makeup artists are truly artists in their own right. This is not just a passion but also a business since very good makeup artists command lofty fees and possess loyal clients. Interestingly, you can start this business with $100K CAD or less in Canada.
Credit and Debt Counseling Business
There are loads of areas a trained counselor with training and certification in finance (money management) can specialized in and one of them is in credit and debt counseling. It is no longer news that in Canada, the demand for counselors that are specialized in credit and debt counseling is on the increase and they are indeed smiling to the bank; no thanks to the recent global economic crunch that affected most people.
The good thing about starting a credit and debt counseling business is that you can start the business with $100K CAD or less and you can grow it from your home to become very big. The bottom line is that you must network with both old and young couples, and with any adult that is already earning money.
Crime Cleanup Services Business
Crime scene cleanup is not the normal cleaning service that is meant for just anybody; it requires specialized training to be able to work as a crime scene cleanup agent. The fact that crime scenes are normally littered with spills of blood, fluid, and even pieces of flesh makes it very important for only trained personnel to be involved in the cleanup.
Crime scene cleanup business is highly profitable in an area where crime rate is high, and that is one of the factors you should consider before starting this business. Interestingly, this business can be started with $100K CAD or less in Canada.
Car Leather Repair Shop
A car leather repair shop is another money – spinning business that an aspiring entrepreneur who is looking towards starting a business in Canada with $100K CAD should consider. One good thing about this type of business is that you can learn the technical skills from someone who is already in the business or from a technical school.
All you need to do is to rent a shop in a good location and then setup your shop and advertise your car leather repair business. If you are lucky to be one of few car leather repair technicians in your community, you will sure make good money from this type of business.
Another small – scale business that can be started with $100K CAD in Canada is cupcake business. Beyond every reasonable doubt, a cupcake business is indeed a profitable business because you can operate the business with your family members from your kitchen thereby cutting operational cost to the barest minimum.
So also, if you are able to secure a strategic high traffic location to open a shop, you can be rest assured to rake in good returns from your cupcake business. One good thing about cupcake business is that it is your creativity that can stand you out from your competitors.
Dog Training Business
If you live in Canada, you will agree that dogs and pets generally are given some of the best treatments. Becoming a dog trainer isn’t so much of a huge task, as it does not require that you get a certification. All that is required of you is the love for animals, as well as having the skills to train dogs in various skill sets.
It is very enjoyable to start a dog training business, because it establishes a relationship between you and the dog and in the long run you smile to the bank. So, it wouldn’t be an exaggeration to say that the dog training business is a viable small – scale business to start with $100K CAD or less in Switzerland.
Dryer Vent Cleaning Services Business
As an aspiring entrepreneur who intends starting a small-scale business with $100K CAD or less in Canada, you can comfortably start a dryer vent cleaning business without much stress. The truth is that you don’t need to own a fully functional dry cleaning business before you can make money from your dryer vent cleaning business.
You can start a dryer vent cleaning services business and your services won’t just be restricted to dry cleaners but also to homes and offices where dryers are used. Most people find it difficult to clean the vents of their dryers; hence they require the services of professionals to help them do it.
Graffiti Removal Business
A graffiti business can be considered to be a profitable small-scale business if you are working directly for the government of Canada as their agent. In most parts of the world, it is the duty of the government to ensure that they remove graffiti from public facilities to maintain a decent environment.
Since it is the responsibility of government to maintain the beautification of public facilities, it is therefore very important to position your graffiti removal business to be able to secure contracts from the government to help remove graffiti in your environment.
Knife Sharpening Business
If you are looking for a small scale business to start with $100K CAD in Canada; a business that is less stressful, less challenging and with pretty low startup capital, then you may want to consider starting a knife sharpening business.
Bear in mind that you can go into this kind of business even from the comfort of your home. Knife sharpening businesses basically help their clients sharpen knives, scissors and other sharp edge/blade like tools and instruments. They can operate from a shop/kiosk or from their truck as a mobile knife sharpening operator.
Dog Kernel Making Business
If you are interested in starting a small – scale business with $100K CAD or less in Canada, one of the businesses that you should consider starting is dog kennel making. The fact that dogs are housed makes this business a viable and profitable business. Some dog owners go as far as spending loads of cash to construct a good-looking kennel for their dogs; it is a way of expressing their love to their dogs.
Starting a dog kennel making business requires that you have some training (carpentry et al), it requires low startup capital and the profit margin is high. Constructing dog kennels might not be a business that you get to do every day, but if you have handful of contracts in a month or you have enough clients who buy from you, you are sure going to pay your bills and have enough to spare.
Monogramming business involves artistic designing of gift items by cresting 2 or more alphabetic letters on the gift item. The gift item could be cups, Tee Shirt, Towel, Bags, Wedding Invites, Caps, and Jackets et al. Simply put; monograms are embroidered emblems on gift items.
Although a small scale monograming company can be operated from home, especially if it is being managed by an individual, but it pays to operate from an office/production facility. The truth is that you would not need an office space to be able to run this type of business if indeed you want to work for corporate organizations and even government agencies. Interestingly, this business can be started with $100K CAD or less in Canada.
Mortuary Transportation Business
As an aspiring entrepreneur who intends starting a business with $100K CAD in Canada that will always provide services that would never go into extinction, then delving into mortuary transportation should be a business you need to consider. A mortuary transportation company transports the remains of people from the mortuary to the burial site or cemetery.
Although most people would rather do some other form of businesses rather than opt for mortuary transportation business because of its delicate and emotional nature, but the fact remains that this business is a money spinner and it will always stand the test of time.
Drywall Installation Business
If you have hands on the job experience in the constructions industry, and you desire to start your own business with $100K CAD or less in Canada, one of the businesses you can start that can guarantee you good returns on your investment is a drywall installation business.
As a drywall business owner or contractor, your responsibility is to help your clients lay out and install gypsum wall board and also gypsum wall board assemblies. In order to operate this type of business, you are required to first apply and obtain your own Drywall Contractor License and Permits. Of course, you would register your business and then acquire the right training.
Granite Hauling Business
As an aspiring entrepreneur, if you are looking for a business to start with $100K CAD or less in Canada it will pay you to start a granite hauling business especially if you live around an area where granites are mined. Starting a granite hauling business is indeed a profitable venture just like any other hauling business and it requires minimal startup capital except for the amount required to acquire a standard tipper/truck.
In most cases, you can choose the option of leasing a truck or even purchasing a fairly used truck for the start. The bottom line is that you can start the business alone and then grow it in such a way that you can own and operate fleets of haulage trucks in your yard.
If you are interested in starting a small scale business with $100K CAD or less in Canada, one of the businesses that you should consider starting is a locksmith business. A locksmith is indeed a profitable venture to start in Canada but you must first acquire the required training, and then work as an apprentice for a while, before applying for a locksmith license.
Although locksmith business is considered to be a small-scale business, but it is regulated by the government to ensure that criminal elements in the society don’t take advantage of people. There are various aspects you can specialize on as a locksmith, you can specialize as a residential door locksmith, you can specialize as an automotive locksmith and you can specialize as a safe and security locksmith.
Medical Waste Disposal Business
There are many ways an entrepreneur that is determined and diligent can make money in Canada with $100K CAD or less and one of the ways of making money is to establish a cleaning company that specializes in medical waste disposal.
Medical waste is not like the normal waste that can be handled by both trained and untrained cleaners; it requires some level of professionalism and safety measure to successfully run a medical waste disposal company. Medical waste basically comprises of wastes generated in hospitals, laboratories, dental clinics, optic clinics and diagnostic centers et al and this waste can be harmful to humans if not properly disposed.
Mobile Mechanic Business
Lastly, another small-scale business that can be started with $100K CAD or less in Canada is a mobile mechanic business. Mobile mechanic business as the name implies is operating your mechanic business on the go. It means that even if you don’t have a mechanic workshop, you can still move around to help people fix or service their automobiles in their homes, offices, and even on the road.
A mobile mechanic business requires low startup capital and it is a very profitable venture because you would have eliminated the cost of renting and maintaining a workshop / garage. All you would spend your startup capital on is to acquire your working tools, a utility vehicle and perhaps the money required to register the business and to print your business card.