10 Small Business Ideas to Start This Year (2022

2021 had a significant portion of problems, the COVID-19 pandemic, nationwide lockdown, etc. Fortunately, this “ new normal” world has made us believe that we can make huge profits with minimal resources. But, the New Year is finally here, and it' s the beginning of a new life and the perfect time to launch your small business.

As things go online and technology becomes more popular, you have endless revenue opportunities. But the point is, you can only be a successful entrepreneur by foreseeing the needs of the market in advance. You may not yet know what your small business might look like, but someone else is already working to make a profit and build your empire. So, don 't miss out.

Small Business Ideas That You Should Be Aware of in 2022

Here are 10 of the top small business ideas penned for you to start in 2022.

Online Courses & Coaching

Sharing your knowledge or experience has never been easier via online course platforms. If you are passionate about something or a subject matter expert, you can turn it into a sizable income. Small business owners can provide online coaching classes to students and build a community to offer assistance while building their own online coaching business. You can also create a Facebook page or podcast to reach out to people searching for online coaching courses. All these coaching and training-based business models can be implemented at home, costeffectively.

Web Designer

Today, almost every company has a website. Because of this, every business strives to create a website for a product or service. As a result, web design is becoming more and more popular.

As an entrepreneur, you need computer and web design training from a training institute, so you don 't require a big investment. Online web designing training is also available. If you know how to build a website, you can contact a new or existing business in your area to determine if they want to build a website or if their website needs modification.

Handicrafts

If your business has the creativity to use this platform, you can start producing handicrafts. The handicraft business requires very little capital. If you don 't want to be involved in the manufacturing process, you can buy and sell when it' s unavailable.

Used for home and office decoration, these handicrafts are sold at exorbitant prices in lavish showrooms. These stores sell them at good prices because they are bought from local producers. You can sell these directly to buyers at a more affordable price, ensuring customer retention and profits.

Mobile App Development

We all know that the demand for mobile phones is growing rapidly, just like mobile applications. The app development industry has tremendous potential. You should have technical knowledge about all the tools involved in the development, understand your clients ’ needs, and design their applications accordingly. Also, before developing, make sure it serves the purpose of your potential users.

Network Marketing

To establish yourself in network marketing with a small investment, you need to build relationships with reputable brands that offer high-quality products. If you want to search for a brand, you can always see which products are in high demand on Google.

Most people these days are very conscious about their health, nutrition, cosmetics and skin care products. You can step up your marketing game and reach out to distributors who are already in the field. Grow and expand your business by promoting your products to family and friends and creating a website to do business online.

Fashion Designing

The fashion and apparel industry is an uncomplicated industry where you can build your career. Also, if you live in an urban or suburban city, this is an advantage because you have the opportunity to catch on to current trends. This way you can become a trendsetter and run this industry without investing too much money. subject, such as travel, you can share your experiences and blog about it. After you publish your blog, all that' s left is a battle of likes and reposts. The more people read your blog, the more money you make.

Blogger

You can consider this career as it has ample opportunities in Canada for fashion bloggers, travel bloggers, food bloggers, travel bloggers, music bloggers, etc. If you have extensive knowledge of a specific 3D Printing

3D printing has become so popular in recent times that it has replaced prototype printing technology. If you are thinking about digital printing and have considerable knowledge in this field, 3D printing can benefit your career. Buying a 3D printing machine requires an investment, and choosing a small machine doesn 't require a lot of investment.

Stock Market

If you are good at speculation and economics, you can get your hands on the stock market. However, this is different from other types of business as it comes with a lot of risks but can be a quick way to make money. If you are willing to take risks and have a good understanding of how the stock market works, you can try your luck.

Courier Services

If you want to start a small courier company, you can contact other brands that are already acting as courier providers. In Canada, the need for courier services has emerged with the launch of numerous online shopping apps every day. This is a low investment business as long as you partner with other brands and keep your stake as a partner.

The Bottom Line

There are numerous low-investment business opportunities you can consider to start a business. A huge investment in a small business may not be enough if your strengths and skills don 't match your standards. After evaluating and analyzing these aspects, you should choose the business you want to run. It is recommended that you familiarize yourself with all legal and licensing procedures before diving into the pool.

For more such information on small businesses in Canada, subscribe to our monthly CanadianSME Small Business Magazine.

You Can’t Overlook in 2022

Today, users prefer to shop online than ever before. According to Statista, eCommerce retail revenue in Canada has surged to over CAD 44 million dollars this year, and this number is expected to grow over the coming years. These high numbers say sales are growing, but it doesn 't tell us what users are using when it comes to shopping online.

While shopping on desktops or laptops is a popular choice among users, mobile shopping continues to gain popularity. 56% of Canadians said they have bought something over the web with a mobile device in the past one year. Canada currently has 33.7 million mobile Internet users, a significant increase over the previous year, helping us to better understand how the COVID-19 pandemic has made many people use mobile devices as a reliable and convenient way to shop.

Thus, mobile technology has drastically transformed the way we live today. Since smartphones are always at hand and seem to direct our daily habits, it has become the most trusted partner whenever the term ‘ shopping ’ pops up. Accordingly, the mCommerce trend is also evolving. Consumer shopping behaviour has changed dramatically in recent years and mCommerce will continue to grow in the future.

eCommerce store owners should be aware of the latest mobile commerce trends. Whether you ' re using Shopify or another online selling platform, you can 't ignore mobile users. This is what inspired us to pen this guide. We researched and analyzed the latest mobile retail trends in the eCommerce industry and narrowed it down for you.

Trend #1: Social Commerce

Social media is constantly on the rise. Users strive to stay connected and informed every day, and for businesses exploring ways to engage their customers, social media is making it easier than ever to reach consumers. Stores are individual showcases for businesses on Facebook and Instagram. Merchants can customize the look of their store with images, banners, buttons, and colors, as well as create a collection of featured products. The samestore can be accessed on both Instagram and Facebook, so once set up, sellers can reach a broad global audience on both platforms.

Facebook is serving more brands directly through its stores than ever before. This is part of Facebook' s commitment to creating a tailored shopping experience for users in the store section of the app and is expected to become more visible to users in the near future.

Merging the social media reach with the advantages of online shopping, social commerce provides a natural way to explore new products and brands and products by using social media sites to promote, buy, and sell products and through apps that customers already use.

Trend #2: Omnichannel Marketing

Omnichannel marketing, which enables multiple shopping methods, empowers brands by providing shoppers with a consistent shopping experience across devices and channels.

As more people shop through social media, it' s important for brands to concentrate on the marketing activities their customers are already investing their time on.

Omnichannel marketing allows advertisers to join the gap between retail and online shopping, providing users more freedom. At the forefront of modern commerce, the prime aim of omnichannel marketing is to provide users an opportunity to meet their needs wherever they shop. From apps to direct purchases, omnichannel marketing allows users to interact with brands their way, with one convenient approach.

To be successful in omnichannel marketing, brands must reflect the message and branding used across their marketing channels to ensure a consistent brand identity. When in-store marketing is different from online awareness, it can be difficult for consumers to build trust in your business. Being consistent across channels helps build brand loyalty, brand awareness, and monetize multiple streams. With steady advances in technology, augmented reality is set to transform commerce by providing consumers with a real mobile shopping experience and empowering them to make confident purchasing decisions. The Augmented Reality industry is projected to reach $35 billion by 2025.

Trend #3: Augmented Reality

Augmented reality has been a hot topic in the tech industry for quite some time. The use cases for this disruptive technology are endless. Mobile shopping apps are already starting to use AR to enhance users ’ shopping experience.

For example, a company that sells furniture online uses augmented reality to show how a product would look in a customer ' s home. This allows people to pick a colour and make sure that the item actually fits in the right space.

AR for online shopping is much simpler than alternatives. Without these mCommerce apps, users will have to purchase with trial and error, which is far from ideal. The last thing users want to do is buy a table or sofa online, and find that the sofa or table isn 't suitable for their room or kitchen. You certainly don Trend #4: Mobile Chatbots

Chatbots have been around for years. You have probably communicated with chatbots for a lot of reasons. In fact, some of you may already be using chatbot technology on eCommerce websites. This is one of the best ways to serve customers and is growing in popularity. Despite the fact that chatbots have become a part of life, they have not yet fully penetrated the world of mobile. Most applications on the store today don 't use chatbots, but that will grow in 2022.

Consider all the benefits of a chatbot. You are likely benefitting from them if you ’ re using bots on your website. You can easily transfer all the advantages of utilizing chatbots on the web to your application. So it' s only a matter of time before online retail store owners start introducing chatbots to their mobile apps.

54% of people say they will always choose chatbots over human agents if they can save time. It' s not uncommon for shoppers to need help with their online shopping. If you ’ ve got an eCommerce site, you already know. Resolving questions or issues quickly can save a lot of money as well as enhance the customer experience. By 2022, mobile chatbots will be used more than ever to simplify eCommerce. Chatbots for eCommerce will continue to be popular in the future.

Summing Up

Moving forward, mCommerce will continue to play a significant role in retail and eCommerce, and every brand should plan accordingly. Keeping up to date with the latest mCommerce strategies will help your business succeed in 2022 and beyond.

Top 10

Part-Time Business Ideas in 2022

If you are planning to start a business in 2022, it is very important to consider the new standards. The COVID-19 pandemic has dramatically changed the way people buy products and services. Opening up a retail business or restaurant may have been a good idea in the past, but you may want to reconsider that thought until you know how next year will end. Instead of a more traditional business, think of a business that can support the way people live today. No matter what, you need to have a solid business plan. However, as a solution to this, we ’ ve jotted this informative blog to let you know about the most lucrative part-time business ideas that are going to boom in 2022. Get started!

Innovative Part-Time Business Ideas

Consulting

Consulting can be a lucrative option if you have knowledge and passion for a specific subject (e.g. social media, business, leadership, marketing, human resources, etc.). You can start a consulting business on your own, then grow your business over time and hire other consultants.

Online Reselling

People with a passion for clothing and/or selling may consider beginning an online reseller business. You can start as a side job and grow into a fullfledged resale business while it takes time and dedication and focus on fashion. You can use e-commerce websites such as Mercari and Poshmark to sell unwanted clothing and then go to your own resale site.

Online Teaching

The need for online education has opened up opportunities for entrepreneurs. Because this is an online venture, you can choose subjects and teach courses that are familiar to you, regardless of your location. If you do not have advanced knowledge on a particular subject, consider teaching English as a foreign language to international students online.

Online Bookkeeping

Just like education, today technology allows many accounting services to be performed over the web. If you ' re a bookkeeper or an accountant looking for the autonomy and freedom to run your own business, harness the power of modern technology to open your own online accounting or bookkeeping service.

Medical Courier Service

If you have good time management skills and a reliable vehicle, consider starting your own courier service, especially a medical courier service.

The driver will be responsible for transporting medical supplies such as laboratory samples, equipment, and prescription drugs. You can start your own courier business or hire another driver to work.

Virtual Assistant

One of the most promising and successful part-time business ideas is to offer virtual assistant services. From large corporations to individual businesses, everyone needs help running their day-to-day business. You can use your superior organizational skills to share some weight off their shoulders. Of course, you get paid for the effort and time you invest into answering emails, making appointments, and performing several other administrative tasks.

Transcription Service

If you can type quickly and have a good ear, transcription services will give you the flexibility to work from home. Medical transcription services are in particular need due to the proliferation of dictation speech recognition technology in healthcare providers. If you don 't want to start all the tasks at once, or if you have a daily routine that you want to keep, you can handle as many transcription assignments as you want.

Freelance Content Writing

If you are a natural word master with some marketing knowledge, you can easily establish yourself as a freelance content writer. Freelance content writing is a great business because you can work as long as you have an internet connection. It' s a business you can do from the comfort of your home or, if you ' re traveling. You can even work full-time as a freelancer if you build a large enough network and get referrals from satisfied customers.

Owning a Food Truck

Now that indoor dining is limited in many places, budding restaurants can achieve more success with food trucks. Food vans come in all shapes and sizes and offer a variety of snacks and meals. Take your favorite food style on the road and sell your favorite dishes right to hungry customers. Of course you 'll get a job, but you 'll find yourself in a field you ' re passionate about, and you 'll have the opportunity to meet people with similar interests.

Rideshare Driving

If starting your own business sounds risky and difficult, you can always use your car to be your perfect travel companion. The responsibility and overhead of running the company rests on the passenger sharing service, so you can work as long as you want. Ride-sharing apps like Uber make it possible for people to start a low-cost side job that is more than willing to take people to their destination with some occasional friendly conversation on the way.

Wrapping Up

No one knows everything. So, don

't choose a parttime job just because it seems the best fit for your chosen lifestyle. It should fit you like a suit. And no matter which part-time business you choose, all businesses in Canada follow the same rules and regulations, be it large or small, full-time or parttime. Just make sure you know the entire process before taking your next business opportunity.

To know more about small businesses in Canada, do not forget to subscribe to our monthly CanadianSME Small Business magazine.