Are you looking to start a small business that can make $200 fast in Canada, but just don’t know where to begin?
Don’t worry, we’ve got you covered. This article will go over 18 small business ideas you can start with a limited budget and can generate at least $200 dollars in a week.
18 ways to make $200 dollars in a week in Canada
1. Online reselling
You can start an online reselling business by sourcing cheap products from platforms like AliExpress and then reselling them for profit.
It takes dedication and time, but you can make it a side business and then grow into a full-time e-commerce company. You can resell the products through your own Shopify store, social media marketplaces, eBay or Amazon, etc.
2. Transcription service
A transcription service allows you to work remotely if you are able to type fast and have good hearing.
You can accept as many or as few transcription jobs as you wish, even if you don’t want to take on all the work immediately. You can increase your business prospects by becoming a certified transcriptionist, and delve into some specialties to justify higher rates.
The average cost of medical transcriptionists is 6 to 14 cents per word. This adds up quickly. It takes 24 hours to complete transcription work so be sure you are aware of what jobs you are accepting. The best part is that there is minimal startup cost and overhead. Only a computer and the right software are required.
3. Online teaching
This online business allows you to choose any subject and teach it, regardless of where you live. For instance, if you’re a native English speaker then to can start teaching it to foreign students. If you’re good at music you can create your own course on Udemy. Any skill that you have can easily be converted into an online course that can make $200 dollars in a week.
4. Online bookkeeping
Many bookkeeping services can be done online. You can start your own accounting service if you’re an accountant or bookkeeper and want to be your own boss.
5. Cleaning service
You can provide cleaning services for homeowners, apartments, and commercial properties with a couple of staff members and a variety of cleaning supplies.
Most cleaning services charge between $25 and $50 an hour. Cleaning services are a simple business that requires little overhead.
You can add premium services such as exterior power washing or floor waxing to your cleaning service to make it stand out from the rest.
6. Freelance writing
You can become a freelance copywriter or content creator if you are a natural wordsmith and have some marketing knowledge.
Many companies will pay you to write blogs, website content, or press releases. You can increase your value by sharing SEO knowledge with clients to help them craft strategies around keywords that their target audience uses in their online searches.
While most freelance copywriters charge between $40 and $50 an hour, those who are experts in a particular vertical may charge more.
7. Senior care service
The National Institute on Aging projects that between 2010-2050, the global 85-and-over population will grow by 351%, while the global number of centenarians (those who are over 100 years old) will increase tenfold. Many people will require care and assistance, sometimes in their own homes.
Seniors need assistance with many tasks such as house repairs and errands. You could grow your business by offering services to seniors who are moving from their homes into assisted living facilities.
8. Professional organizing
Although minimalism is becoming increasingly popular, many people find it difficult to let go of things they have owned for a while.
Professional organizers help clients create a system to downsize. You can help people organize their belongings and keep them organized by charging them a fee.
9. Translation service
If you’re multilingual, you can offer specific services such as document translation or the translation of website information to other languages.
10. Digital marketing
While the internet is becoming more important every day, it’s also becoming harder for businesses to make their online presence known.
Many small and medium-sized businesses prefer to outsource digital marketing rather than hire expensive in-house staff. You could be able to start your own business if you are skilled in content marketing, SEO, pay-per click advertising, web development, or social media marketing. It’s one of the easiest way to make $200 fast in Canada.
11. Lawn care
While lawn care can be a chore for many, it can provide a sense of serenity and peace for others. It can be rewarding to work outdoors, despite the tedious nature of the job.
A small lawn care company can be transformed into a full-service landscaping business by offering premium services. This could be the right business for you if you enjoy working outside and creating beautiful landscapes.
12. Become a real estate agent
Navigating the housing market can be overwhelming for many. You can help people find their dream home at a budget-friendly price by being a real estate agent. This particular business has the potential to make you thousands of dollars in a month. Check out our guide on how to find clients as a real estate agent.
13. Graphic design
All businesses, regardless of size, need attractive promotional materials. You can start your own graphic design company if have an eye for design and are comfortable working with tools such as Photoshop and Canva.
14. Printing T-shirts
This is another great business idea that can make $200 dollars in a week in Canada. You don’t even need to have the printing equipment, you can use a third-party printing company such as Uberprints, and then simply focus on marketing to attract customers.
15. Dropshipping
Dropshipping is where e-commerce site owners use a third party to fulfill all their orders. This third party could be a wholesaler or another entity that has a warehouse.
Whenever somebody places an order for your product, you then order it from the supplier and have it shipped directly to them. Dropshipping is such a great business to start with a limited budget because you don’t need to keep an inventory. You get get started using platforms like Shopify.
16. Pet sitting
If you’re an animal lover then this might just be the perfect way to make $200 fast in Canada, all while working part-time. Roughly two-thirds of American families own a pet. Your pet-sitting business can provide peace of mind for families that are away from home for long periods.
17. Consulting
Consulting can be a great option if you’re passionate about a particular topic. It is possible to start your own consulting company, grow it and then hire other consultants.
18. App development
You should consider a career as an app developer if you have the technical knowledge and experience. Many people use smartphones as a daily accessory, so there is a greater demand for mobile apps. Virtual reality software is also very popular, which means that there is a high demand for VR app development.
