what is the most profitable business one can start up in canada for an engineer ??? or in general business that bring good incomes ???
most proftiable business in canada
- Thread starter sarah johns
- Start date
Being an engineer does not create a profitable business. For general business (it could be food/real estate/retail etc) you will have to invest according to the merit of business. However, to do business in Canada with small investment such as 50 to 100k is mostly known as self-employed means you will invest and work yourself to earn your living under small business category. That does not give you large profit to become a rich in short while.sarah johns said:
However, real estate is most profitable business in Canada. You will need around 500k to do this business such as buying and selling homes or buying old homes with land and build new house and sale. That will bring 150-200k a year profit if you do build one home a year.. Many financially sound immigrants are doing this business and mostly in Toronto region..
Hello there,
As a business consultant we always ask our clients their expertise and it would be great to know more about your field of engineering. Technology sector has shown uptrends and interest from Venture Capitalists to Angel Investors, similarly life sciences, biotech, clean tech starts up are on list of many VC firms.
It all depends on your experiences, interest and thereafter a strong business plan making economic sense. Not every business requires huge investment as if the business concept is great, scalable and makes economic value then one can have funds under various options from financial institutes to VCs and other funders.
Better do market research,financial analysis and chart out a business financial before making a decision.
As a business consultant we always ask our clients their expertise and it would be great to know more about your field of engineering. Technology sector has shown uptrends and interest from Venture Capitalists to Angel Investors, similarly life sciences, biotech, clean tech starts up are on list of many VC firms.
It all depends on your experiences, interest and thereafter a strong business plan making economic sense. Not every business requires huge investment as if the business concept is great, scalable and makes economic value then one can have funds under various options from financial institutes to VCs and other funders.
Better do market research,financial analysis and chart out a business financial before making a decision.
Just to have an idea, what's the approx cost & sizes of residential plots to construct & what's the cost to build up a good house especially keeping in mind to resell it.
what's the reasonable buildup construction.
Actually I have recently filed the applications as an investor for Quebec & am planning to start this business after going there.
what's the reasonable buildup construction.
Actually I have recently filed the applications as an investor for Quebec & am planning to start this business after going there.
