With a capital of just $100k, you can start many small businesses. However, if you have more money, you can open a larger business. It all depends on how much you want to invest in your business. There are a number of different business ideas to consider, from online stores to service companies. Here are some of the best businesses to start with less money. Here are some of the most popular ideas:
Starting a timber transportation business is another business that requires a small start-up capital. Canada has some of the largest forest reserves in the world, which makes this an attractive business idea. You don’t need a fleet of trucks to get started, though. You could start with one truck and earn an income. You could also create and sell original artwork. As long as you can sell the work, you’ll be able to earn a commission from the artist.
Another profitable business to start with 100k is a photography studio. A photography business can be started with $100k CAD. While you’ll need a good location to set up shop, there is a big market for this kind of business. If you’re lucky enough to be in Canada, you could also open a cupcake shop in your home. There are many opportunities for this type of business, and the startup cost is minimal.
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