13 Small Business Ideas in Northwest Territories With Low Investment

13 Small Business Ideas in Northwest Territories With Low Investment

You made an excellent choice if you wish to start a business in Northwest Territories as it is one of the top spots in Canada to start and run a sustainable business. Northwest Territories offers numerous tools and resources to small business owners to help them get started. But if you are thinking about what business to start, then this article will help you find some of the best small business ideas in Northwest Territories to kick start your business right away. 

13 Small Business Ideas in Northwest Territories With Low Investment

1. Freelance Writer

There is a huge market for freelancers in today’s time, and you can make a good amount of money if you can write well. You can get started by choosing a niche and later building a portfolio to find high-paying clients.

Read: 13 Small Business Ideas in Newfoundland and Labrador With Low Investment

2. Consultant

You need to identify the area of your expertise, get certified, and choose the market to become a consultant. It is a popular and a great business to start in Northwest Territories.

3. Event Planning Services

You can start event planning services if you are good at planning and organizing events, then starting event planning services is one of the best small business ideas in the Northwest Territories.

4. Virtual Assistant

You can take a virtual assistant training course, determine the services you wish to provide, and later choose the target market and the clients you would like to work with. It is really a good business option to start in Northwest Territories to make a profit. 

5. Food Truck Business

If you are looking for one of the best business ideas in Northwest Territories, then consider starting a food truck service. The start-up cost involved is considerably low with a high-profit margin. You need to research the target market and determine the products you wish to sell.

Read: 13 Small Business Ideas In Saskatchewan With Low Investment 

6. Catering Services

You can start catering services as it is one of the best business ideas in Northwest Territories with low investment. If you can cook well, then you can get started by choosing a niche and hiring a staff to boost productivity. 

7. Handyman Services

If you are well-organized with strong repair skills, then starting handyman services is a profitable business. You can sustain the business in the long run if you provide the best services.

8. Daycare Services

If you are looking for one of the best small business ideas in Northwest Territories then starting daycare services is the perfect venture to take up. You can take early childhood education classes to improve the quality of services as it is a lucrative business idea. 

9. Coffee Shop

The coffee shop is one of the best business ideas in Northwest Territories with low investment. You can make a good amount of profit by choosing a good location after identifying the target market. If you serve a high-quality product and provide great customer service, then you can make a considerably high profit.

Read: 13 Small Business Ideas in Prince Edward Island With Low Investment

10. Pet Sitting Services

If you are an avid pet lover, then you can start pet sitting services as it is one of the best business ideas in Northwest Territories. You can make your business more lucrative by specifying the services you wish to provide. 

11. Vending Machine Business

Starting a vending machine business is one of the best small business ideas in Northwest Territories. You need to invest in vending machines and choose a location to place them.

12. Social Media Manager

If you have good knowledge about how to manage social media and can help promote products and services, then becoming a social media manager is one of the best business ideas in Northwest Territories with low investment.

Read: 13 Small Business Ideas in Alberta With Low Investment

13. Gym Owner

If you are looking for a thriving business, then starting a gym is the one. You can choose a good location, form a legal entity, and invest in the equipment required to get started. 

Conclusion

These were some of the best business options that one can start in Northwest Territories without investing a lot of money. I hope you found this article helpful. Do you have any other business idea in mind to start in Northwest Territories? Mention them in the comments down below!

Christopher Austin

Hello, I am Christopher Austin. You will mostly find me writing articles related to Finance on BusinessBlizz. Providing knowledge that I have related to Finance to everyone is my passion and I love to do the same. Other then Finance, I also love to write articles on other Business related topics as well. Also, I am the digital media manager at BusinessBlizz as well. You can reach me out at businessblizzofficial@gmail.com.

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  1. huntersimmons357

    “Great share!”