Approximately 95,000 new businesses open every year in Canada.
This year you hope to join this number by starting a new business. You’re only fear is the high mortality rate of startups. You don’t want to quit your job only to start a business that goes under in a year or two.
To curb this risk, you need to come up with a groundbreaking startup idea. For proper implementation of the ideas and even to know if the idea will work or not you need guidance of experts. Check out Newchip Accelerator Reviews to figure out if they can help you with the same.
So, how do you achieve this goal?
Read on to discover four innovative startup ideas to consider.
1. Prepared Meal Delivery Service
To get rid of excess body weight, more and more Americans are reducing restaurant visits. These Americans are looking for alternative ways to access healthy meals. Most of them don’t have the time to prepare foods in their home, and that’s why they’re turning to a prepared meal delivery service.
So, consider venturing into the prepared meal delivery industry to tap into this growing demand. Look for resources that guide you on how to start a business. You want to follow the right steps to increase the odds of starting a successful prepared meal delivery company.
2. Online Reseller
The best startup ideas are the ones that don’t require a lot of upfront capital, such as becoming an online reseller. You don’t need to manufacture anything or rent business space with this business model. All you need is to find high-demand items and resell them online.
The great thing is that you don’t need even a website at the beginning as you can use social media to sell.
3. Set Up a Co-Working Space
40 percent of Canadian workers can work from their homes. Yet most of these people will have a hard time working from home and will need a conducive workspace. So, to capitalize on the growing number of remote workers, consider investing in a co-working space.
Invest in high-speed internet and comfortable seats to attract many people to your co-working space.
4. Home Cleaning and Organizing Service
Are you seeking simple startup business ideas? Then consider starting a home cleaning and organizing company. The idea is to offer a much-needed service to homeowners with busy schedules.
The great thing about this startup idea is the ease of scaling. Once you get more clients, all you need is to hire more house cleaners. So, ensure all your cleaners are professionally trained and trustworthy to create a positive brand image.
Pursue Your Dream by Exploring Innovative Startup Ideas
To make your dream of becoming an entrepreneur come true, consider the above innovative startup ideas. Checking the current demand and market growth potential are key things to help you settle on a given business idea. Also, to reduce upfront capital requirements consider creating your business online.
The ideas we gave above are a great place to start. Please see our other blog posts for more creative Business, Tech, and Travel tips.
Amanda Byers is a graduate of Columbia, where she played volleyball and annoyed a lot of professors. Now as Zobuz’s entertainment and Lifestyle Editor, she enjoys writing about delicious BBQ, outrageous style trends and all things Buzz worthy.