Neil Haboush | Top 4 Business Ideas in Canada

Canada ranks 3rd when it comes to the ease of venturing into new business and the country boast of a highly developed and stable economy. 

With the economy being dominated by service industries, there are millions of ventures and businesses out there making aspiring entrepreneurs overwhelmed with the right one that proves profitable. 

                   

While some are easy to set up, some require more investment than others and some can be profitable than others. Whatever the case, whatever your background and whatever your skillset, there will always be that business that is meant for you.

Here is Neil Haboush, to share some of the profitable sectors to invest in Canada. Let’s dive in!

Professional Services

Starting a professional service means you are proficient in the field and you know what it takes to be an expert on the said subject. If you have some expertise or experience in accounting, finance, health, education, marketing, and many more, why not consider capitalizing your knowledge. 

You might consider being a consultant. In relationships, businesses, health, marketing and life in general. people and businesses are always looking for ways to be better, earn more and be successful. For instance, if you know about finance, and can provide expert advice to help businesses and individuals reduce expenses, diversify a portfolio and increase wealth, being a financial advisor or consultant can be a good one. 

Moreover, if you are an expert in a specific subject, online coaching or one-one coaching will yield enough income.

Transportation Services

Think of a small profitable business, think transportation. All that is required to start is a van and strategies to solicit for customers. 

“You don’t have to limit yourself to a taxi service, there are different transportation business that is very promising and profitable. This includes Car shuttle service, truck transportation service, taxi service, delivery service, nonemergency medical service among others,” says Neil Haboush.

Real Estate Services

There is no denying the amount of money that can be made from the real estate industry. Hence if you know people and you understand how the market is being run, you are in for a lucrative business.

From renting out houses or office spaces to property management to offering brokerage services, there are a lot of opportunities that can be explored in this field.  

You can set up as a sales and marketing firm to help developers sell buildings, and properties and earn commission in the process.

If you also understand how to manage the property and you know some developers and brokers, property management can be the way to go. Property managers collect rent, manage tenant and keep the property in safe and habitable conditions. There are a lot of property investors who are on the lookout for one.

Fitness 

Do you have a flair for fitness? What about the charisma, buff, with good business strategies?

Why not use all you get to benefit others, and make money in the process. Plus, your health will thank you!

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Government of Ontario Helping Small Business Owners Succeed

Small business tax cut and red tape reduction creating competitive business environment for Ontario

BRAMPTON — The Ontario government is lowering costs and eliminating unnecessary and outdated regulations for small business owners and entrepreneurs so they can invest in their businesses, attract new customers and clients, and transform their vision into a success.

Neil Haboush (Montreal Canada) in Ontario, small businesses make up 98 per cent of all businesses and account for a third of all private sector jobs. The government is committed to helping the people of Ontario follow their dreams of starting their own small business.

Today, Rod Phillips, Minister of Finance was joined by Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction, at Salon 247 in Brampton to talk about how the government’s plan is creating a climate that will support and attract business investment and job creation.

As announced in the 2019 Ontario Economic Outlook and Fiscal Review: A Plan to Build Ontario Together, the government is proposing to reduce the small business Corporate Income Tax rate to 3.2 per cent from 3.5 per cent, starting January 1, 2020. This would provide tax relief of up to $1,500 annually to over 275,000 businesses — from family-owned shops to innovative start-ups, fulfilling the government’s promise to cut small business tax rate by 8.7 per cent. In addition to providing tax relief, the government is providing savings to small businesses by cancelling the cap-and-trade carbon tax, preventing an increase in the minimum wage and supporting WSIB premium reductions. Taken together, these initiatives would save small businesses over $2 billion in 2020.

“Small businesses are the backbone of our economy and that is why the government is creating the conditions for a competitive business environment by delivering on a key campaign commitment to provide tax relief to small businesses,” said Minister Phillips.

The government will also consult with industry and business leaders in the coming months to inform the development and implementation of an Ontario Small Business Success Strategy. The consultations will provide business owners the opportunity to directly tell the government about what matters most to them, and what additional steps the government can take to help their businesses flourish and grow.

Ontario is also removing unnecessary red tape to support small, independently owned businesses by proposing to exempt barbers and hairdressers from keeping a record of the name and contact information of all their customers and having a dedicated space for maintaining tools. While this makes sense for tattoo artists and tanning salons, it is an unnecessary burden for barbers and hairdressers. This exemption would make it easier for them to do business and reduce the need for people to share their personal contact information.

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Neil Haboush-What does Small Business Week mean in Canada?

Small Business week falls on October 20–26 this year.

What does this’ meaning for Canadian business people?

A large number of entrepreneurs will meet up to praise, learn, and coordinate with different business people. The subject for 2019 is: Showcasing the individuals behind the business. Canadian entrepreneurs are urged to share their anecdotes about propelling their organizations. Through this activity, they will find what keeps different business visionaries inspired and headed toward progress.

It’s essential to observe Small Business Week since little and medium-sized organizations are the establishment of Canada’s economy and record for 99 percent all things considered. In 2015, little and medium organizations utilized about 10.5 million Canadians in the private segment. As the private venture industry develops, it’s significant that we all perceive their victories and prescribe supportive devices and assets to help them in settling on little budgetary choices.

Neil haboush taking bit of leeway of Small Business Week is simple. You can go to occasions that are planned around the nation with conspicuous business pioneers, industry specialists and different pioneers who are offering counsel, direction and administrations. Going to such occasions are an extraordinary method to develop your expert system. Additionally, don’t confine yourself to explicit industry gatherings. Associate with entrepreneurs from a wide scope of ventures as they can give you experiences that you can use also.

Online courses are additionally important alternatives in case you can’t go to planned boards or gatherings.

You’re not the only one in exploiting Small Business Week. Different organizations are utilizing this week to use limited time arrangements and offers. Expand this important chance to look for leads and best practice guidance.

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