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Small Business Ideas for 2020

There is major innovation happening in a number of industries, and immense GDP generated by smaller corporations. Weu2019ve gathered the data about Ontario and beyond, putting together a comprehensive view of the current business climate. Here is a list of business ideas for beginners with the right skill sets but without too much capital and investment.

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Small Business Ideas for 2020

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  1. SMALL BUSINESS IDEAS FOR 2020 Small and medium-sized businesses drive Canada’s economy

  2. At least 10% of people in Canada are considering starting their own business • The business climate in Canada is welcoming for new entrepreneurs and innovators • Small business helps stimulate economic growth by providing employment opportunities to people • In past two decades, small and medium-sized businesses created more than 70% of new jobs in Canada

  3. HOW IMPORTANT ARE SMALL BUSINESSES TO LOCAL ECONOMIES? • Increasing job opportunities • Innovation and competition • Less infrastructure and low maintenance • Locally made products and services • Unique offerings

  4. When thinking of great business ideas to start, consider startup costs, skills and knowledge required, and the potential to grow There are different business trends that can be a great starting point for a successful venture

  5. The key to starting a small business is tapping into your unique skills and turning these into income opportunities Most small scale ventures are sole proprietorship businesses because it's the easiest and least expensive way to start

  6. Here are some growing business trends that may be great small business ideas

  7. Image Source: Ontario Business Central Infographic Content Source : Ontario Business Central Blog

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