Note: This article is for information only, not advice on starting your own business.
Canada has a diverse economy that offers many opportunities for entrepreneurs looking to start their own business. The Canadian market has a lot of potential with a growing population, an increasing demand for more sustainable products and services, and a thriving technology scene. Whether you are interested in technology, health and wellness, or more traditional sectors such as real estate or construction, there are many opportunities for aspiring entrepreneurs.
Remember that starting your own business requires careful consideration. It is important to understand market trends and assess the initial costs and potential challenges before starting. Your choice of business should be aligned with your skills and resources, as well as the demands of your target market. By examining various business sectors, you can better understand the opportunities available for you and the strategies for making your business venture successful. In this article, we explore some of the best businesses to start in Canada in 2025 to provide you with valuable insights into the best business options in Canada today.
E-commerce
Many are attracted to start an e-commerce business in Canada because of the country’s high internet penetration rate, its well-developed logistics network and a growing preference for online shopping among Canadian consumers. With platforms such as Amazon, Etsy, and Shopify, it is easier than ever to set up your own online store and reach customers nationwide and even internationally. Online shopping platforms make it possible to start your business without the high overhead costs of having to store your products or having a physical store. In addition, Canada has a relatively affluent population, which means there is room for niche companies, such as handmade goods, specialty foods, or sustainable products, to thrive.
However, depending on your business category, you might face fierce competition and standing out will require a solid business strategy. Although e-commerce avoids certain traditional retail costs, it incurs expenses such as website creation, online marketing, and shipping. New entrepreneurs will also need to navigate challenges, including returns, customer service demands, and changing shipping costs. However, through thoughtful planning and market trend analysis, e-commerce stands out as one of the most versatile and scalable business models in Canada.
How to Get Started
Launching an e-commerce business in Canada requires several key steps. First, you should identify a market niche and research its demand. Next, you will need to choose a sales platform; popular options include Shopify (a Canadian company) and Amazon (with its large, established customer base). Building a successful online presence requires a website, strong branding, and effective digital marketing—utilising SEO and social media advertising.
You will also need to be prepared to make some initial investments. However, these are small compared to many other business options. Key expenses when running an e-commerce business include website hosting, advertising, and packaging and shipping costs.
Digital Marketing and SEO
Canada is seeing a surge in demand for digital marketing and SEO services as more businesses go online. Regardless of size, every company, from new ventures to long-standing businesses, requires a robust online presence to reach its market and stay competitive. To expand their online reach, businesses can use the services of digital marketing agencies or freelance experts who specialise in SEO, social media, pay-per-click (PPC) advertising, and content creation. Because of its flexibility, this business model enables entrepreneurs to work remotely, serve a national clientele, and expand as demand grows.
However, digital marketing is a highly competitive business sector and requires continuous learning and adaptability. Professionals need to stay up to date with the latest developments, such as Google’s frequently changing algorithms and rapidly emerging new marketing trends. In addition, although it’s easy to get started, it takes time to gain clients and a good reputation. It is worthwhile specialising in an area of digital marketing, such as local SEO, e-commerce marketing, or social media advertising, as this can help you stand out in a crowded marketplace and secure your long-term success.
How to Get Started
Launching a digital marketing or SEO company in Canada demands both technical skills and business savvy. To build credibility, entrepreneurs can start by obtaining certifications from platforms such as Google, HubSpot, or SEMrush. Showcasing your expertise, case studies, and testimonials on a personal website is key for attracting clients, as is networking through business events, online communities, and platforms such as LinkedIn. Your startup costs are relatively low compared to many other industries. You will need to consider costs such as your website, marketing software subscriptions, and analytics platforms when starting a digital marketing business.
Personal Finance and Consulting
The combination of economic uncertainty, increasing debt, and a rising demand for wealth management services is driving many Canadians to seek expert financial help. Financial professionals guide individuals and businesses in managing their finances, planning for their retirement, ways to reduce debt, and how to save and invest. This field appeals to professionals who enjoy working independently while offering specialised services and building long-term relationships with their clients. Whether you advise on budgeting, investments, or tax consulting, there is a significant demand for personalised financial guidance in Canada.
However, to succeed in personal finance, you need to build your credibility and expertise. Financial consultants may need certifications such as CFP or CPA designations, depending on the services they provide. Meeting financial regulations and upholding a strong reputation are crucial for building client trust. While there is competition in this field, professionals who offer niche services can carve out a profitable space in the market.
How to Get Started
If you are looking to start a personal finance consulting business in Canada, you will first need to obtain the necessary credentials and licenses. Investment advisors usually have to register with regulatory organisations, such as IIROC or MFDA, in Canada. While you might not need formal licensing if you are planning to offer general financial coaching or budgeting advice, having the relevant certifications will help your credibility. When starting a financial consulting business, startup costs will include professional certifications and licensing fees and creating a website. If you plan to meet clients in person, you may also need to factor in the cost of meeting space.
Skilled Trades and Construction
The rising population, urban growth, and infrastructure development in Canada have fueled a surge in demand for skilled tradespeople and construction services. Electricians, plumbers, carpenters, and general contractors are crucial economic players, contributing to everything from residential improvements to major commercial developments. Many provinces face skilled worker shortages, leading to consistent work, high pay, and excellent job security for tradespeople. In addition, government programs and incentives, such as grants for energy-efficient home improvements, are boosting demand for skilled tradespeople.
The construction industry, while offering many opportunities, also presents considerable challenges. The work is often physically demanding, requires specialised training, and can be vulnerable to economic downturns and seasonal fluctuations. Tradespeople also need to navigate licensing and safety regulations, which vary by province and territory. Despite these challenges, those with the right skills and certifications can build a profitable business, especially in high-demand areas, which include commercial development, home renovations, and green construction.
How to Get Started
You will need formal training, certification, and a license to start a skilled trade or construction company in Canada. Electricians, plumbers, and HVAC technicians typically need to complete training and/or an apprenticeship to get provincial certification. Many people in the industry start by working for a company before becoming a subcontractor or starting their business to gain experience and because the startup costs when going independent/starting a company are quite high. Costs involved when starting a trade or construction company include getting the right tools and equipment, insurance, and a work vehicle.
Subscription Services
In recent years, the subscription business model has increased in popularity in Canada, as it offers consumers convenience, personalisation, and ongoing value. From food and beauty boxes to streaming services and online courses, this model helps businesses build recurring income and stronger customer relationships. Steady income simplifies operations and scaling, while automation streamlines order fulfillment and customer retention.
However, the subscription market is getting more competitive, making customer retention more difficult. To keep their subscribers, businesses need to deliver high-quality, unique products or services consistently. Your success will depend on logistics, shipping costs, and managing your customers’ expectations. Focusing on niche markets such as eco-friendly products, local goods, or specialised digital services can help your businesses stand out and attract loyal customers.
How to Get Started
Starting a subscription business begins with choosing your niche and sourcing the products or services you want to offer. You will need to decide between physical subscription boxes (which will require inventory and shipping) or digital subscriptions (for example exclusive content, courses, or memberships). You can use platforms such as Shopify, Subbly, and Cratejoy to facilitate subscription service management, while social media and influencer marketing are crucial for finding customers. If you are looking to start a physical subscription box service, your startup costs will be higher, while you can start a digital subscription cost with very little initial investment.
Cleaning services
This is one type of business that is always in demand. In fact, busy lifestyles, growing urban populations, and a heightened focus on hygiene are fueling a rising demand for professional cleaning services in Canada. Residential, commercial, and specialised cleaning, such as post-construction or eco-friendly services, give entrepreneurs various paths into the cleaning industry. Cleaning services offer a steady business opportunity with high profit potential because of low startup costs and consistent demand.
However, you may face a lot of competition, especially in bigger cities. To stand out, your cleaning business must offer excellent customer service and reliability. You should also consider offering more specialist cleaning services, such as green cleaning, deep sanitation, or Airbnb and rental property cleaning to attract clients. If you have staff, you need to ensure they are carrying out their duties to high standards consistently because customer satisfaction and repeat business depend on the quality of the service.
How to Get Started
If you go into the cleaning business as a solo operator, you can get started with very little money. You will need to register your business, get liability insurance, and purchase cleaning supplies. How you find your clients will depend on your focus area. If you offer residential cleaning services, local advertising and word-of-mouth can be effective ways to find customers, but if you want to attract commercial clients, you will likely need to bid for jobs and spend some time networking.
Personal Coaching
Canada’s personal coaching industry is booming, fueled by increasing demand for guidance on career, health, relationships, and personal growth. Coaching services are in high demand because of the growing emphasis on mental well-being, work-life harmony, and personal growth. Entrepreneurs in various coaching niches, including life, executive, fitness, and finance, can establish fulfilling businesses centered around helping clients set and achieve their goals.
However, the personal coaching field is highly competitive; to succeed you need credibility, excellent communication skills, and an ability to inspire your clients. While you don’t necessarily need certification to be a personal coach, having recognised credentials from organisations such as the International Coaching Federation (ICF) can inspire confidence and attract more clients. If you are considering becoming a personal coach, you need marketing and networking skills to build your client base because many coaching businesses rely on referrals and word-of-mouth to grow.
How to Get Started
The first steps to starting a coaching business are identifying a niche and creating a coaching model. Many coaches build their careers by getting certified, gaining practical experience, and establishing an online presence. Offering free consultations, webinars, and workshops may help you attract your first clients and you can keep your startup costs minimal by working from home and online and using social media platforms to create a presence and attract clients.
Car Care Business
Canada has millions of vehicles on the road that all require regular cleaning and maintenance. More car owners are also looking for reliable customisation services, such as vehicle wrapping. If you have a passion for cars and see yourself running a car-related business, there are different avenues to explore including car wash and cleaning services, wrapping services, and detailing services.
Because of the need for regular maintenance, the car care industry experiences a significant amount of repeat business. However, it is a competitive business and choosing the right location can significantly improve your chances of success, for example, consider setting up in a high-traffic area or offering mobile services to attract a strong customer base. You should also keep up with eco-friendly trends, such as waterless car washes and eco-friendly cleaning products, to attract environmentally conscious customers.
How to Get Started
When you start a car care company, you will need to register your business and invest in high-quality materials. You may also need permits for your business, depending on how and where you operate. Starting a mobile car cleaning service can be done reasonably cheaply, while setting up a brick-and-mortar car wash or wrapping shop will require you to invest a significant amount of money into your business.
Storage and Transportation
Starting a storage and/or transportation company is one of the more challenging industries to enter as a new entrepreneur because of high startup costs and regulatory requirements. However, with Canada’s vast geography and expanding urban population, there is growing demand for storage and transportation services. The growing e-commerce sector also demands better shipping, warehousing, and distribution, and has opened lucrative business opportunities.
The success of storage and/or transportation businesses generally depends on offering flexible, secure, and affordable services that meet the clients’ needs. Companies offering niche services, such as climate-controlled storage, short-term rentals, or specialist moving services (e.g. art or medical supplies) often have a competitive edge.
How to Get Started
Your startup costs will vary greatly depending on what you plan to offer. Generally, the cheapest way to get started will be to set up a local moving/transportation service. You will need to spend money on a reliable vehicle and insurance, and unless you plan to rely on free forms of advertising such as social media and word-of-mouth, you need to pay for advertising, too. Setting up a large-scale transportation business or a storage company, will require considerably higher initial investment.
Real Estate
Canada’s real estate market offers many opportunities for new entrepreneurs, including investing in property, offering management services, and becoming a real estate agent. Those with the capital can invest in property by purchasing residential or commercial properties and then selling or renting them for profit. Others, looking for a less investment-heavy way into real estate, can offer property management services, such as tenant management or maintenance and while the property market will always fluctuate, there is always demand for real estate agents who can find their clients the right buyers or tenants.
One of the most important factors in terms of success in real estate is knowing your market. This is especially crucial if you are looking to invest in property as you could face significant losses buying at the wrong time or location. While property management companies and real estate agents are not as vulnerable to property market fluctuations, you still need to do your research to ensure you are offering the right services for the clients in your area.
How to Get Started
Your approach to starting in real estate will depend largely on what you want to do. Many people who work as real estate agents start by working for an established company before branching out on their own. This will mostly require you to invest your time to grow your knowledge of the local markets. To start a property management company, you will need to identify your niche, for example, managing rental properties, even if you plan to expand later. How much you need to invest will depend whether you plan to hire a team or start as a sole proprietor. Finally, to get started as a property investor, you really must do your homework. You also need to secure the capital to purchase a property. How much this will be, will differ considerably depending on the location.
Eco-Tourism
With a growing number of people looking for more environmentally conscious ways to travel and explore Canada’s natural beauty, eco-tourism is a rapidly growing sector of the travel industry. Canada is an ideal destination for eco-friendly travel experiences with vast wildernesses, rich biodiversity, and pristine landscapes. A rising number of eco-conscious tourists are driving the growth of businesses offering sustainable travel options such as nature tours, eco-lodges, and adventure trips.
Besides their tourism focus, eco-tourism businesses often make positive contributions to local communities by fostering environmental responsibility, aiding indigenous tourism, and providing employment in rural areas. For an eco-tourism venture to succeed, it must balance profitability with sustainability. Eco-tourism businesses can stand out by partnering with conservation groups and gaining sustainability certifications in addition to providing eco-conscious travel experiences.
How to Get Started
If you wish to start an eco-tourism business, you must choose your niche (e.g. nature tours, sustainable hotels, eco-friendly travel equipment) select key locations (e.g. national parks, protected lands), and follow environmental regulations. To ensure the business is both profitable and ecologically responsible, you should build relationships with local communities, conservation groups, and regulatory agencies. To keep starting costs low, you could, for example, start by offering guided walking tours in one of Canada’s national parks.
Online Education and Tutoring Services
The online education and tutoring sector has experienced substantial expansion in recent years, fueled by a growing number of people looking for adaptable and accessible learning opportunities. Technological advancements, combined with a rise in remote learning opportunities, have resulted in an increased demand for personalised virtual education among learners from all age groups. Online tutoring services, including test preparation, language learning, and specialized skills, offer entrepreneurs the opportunity to enter a diverse, growing market.
In addition, there is growing demand for customized tutoring to support traditional schooling among parents and students. The online education sector is also benefiting from an increased interest in lifelong learning, with more adults looking to develop their skills in a range of topics, including coding, business management, and personal growth. However, depending on your field of expertise, the competition can be fierce, and to succeed you will need not just expertise but also marketing skills, credibility, and your own unique selling point.
How to Get Started
The first step toward becoming an online educator requires you to identify your niche. While Canadians with an education background may have a competitive edge, you can still succeed as an online educator as long as you have solid knowledge in the field you plan to teach. Once you have your niche, there are different ways to get started. You can go it alone by advertising your services, for example, on social media or school noticeboards or find clients through online tutoring platforms, such as Superprof. Whether you use a platform or advertise your services through other means, starting an online teaching business can be done with minimal or even no initial costs at all.
To summarize, the ideal business to start is one that matches your abilities and interests. Whether it is a car care service, coaching business, or educational service, choosing a field you both excel in and enjoy will give you the motivation to succeed. By choosing something you enjoy, you can build a business that feels more like a fulfilling pursuit than a job.
It is important to remember that starting a business will require a significant investment of time, effort, and in many cases, money. However, it is possible to turn any idea into a profitable business as long as it not only resonates with you but also fills a need in the market, so ensure you do your research before you invest money in your idea or quit your day job.
Sources
- Statistics Canada: Small Business Hub – https://www12.statcan.gc.ca/census-recensement/smallbusiness-petitesentreprises/index-eng.htm
- Startup Canada – https://www.startupcan.ca
- Business Development Bank of Canada – https://www.bdc.ca/en/articles-tools/start-buy-business/start-business
- Shopify – https://www.shopify.com/ca/blog/low-investment-business-ideas
- QuickBooks – https://quickbooks.intuit.com/ca/resources/starting-a-business/65-small-business-ideas/
- Immigration.ca – https://immigration.ca/best-business-to-start-in-canada/
- Entrepreneur – https://www.entrepreneur.com/starting-a-business/need-a-business-idea-here-are-55/201588
- LinkedIn – https://www.linkedin.com/pulse/top-business-sectors-invest-canada-2025-nabid-kabir-uebic