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qprev_HBB Manual 2.qxd - Small Business BC

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Communication CanadaCanadian Government Publishinghttp://publications.communication.gc.ca/Industry Canadawww.strategis.ic.gc.caSources Of Funds IndexCanadian Reference DirectoryCanadabiz@homestead.comStatistics Canadawww.statcan.caThe Entrepreneurship Instituteof Canadawww.entinst.caAppendix DDifferent Kinds of Home-Based<strong>Business</strong> OpportunitiesYou may have a clear idea about the business youwant to start. The different kinds of opportunitieson the list show the scope of the business worldand the range of possibilities in it.• Producing a product• Providing a service• Becoming an agent for someone’s product orservice• Importing products and services made outsideCanada• Rebuilding or remanufacturing products• Taking local markets to new markets• Imitating successful products or business ideas• Buying the right to make or sell a product, orselling the right to a product you own toanother person to make or sell, often in anotherarea• Offering replacement products for goods nowimported• Inventing or locating an invention you canpatent or claim rights to• Transferring a system, a product, service, orskills from one type of business industry toanother• Identifying market gaps or shortages andfilling them• Buying a franchiseSome of the most profitable homebasedbusinesses are in these areas:• pet care and grooming• event planning• landscape/gardeningsolutions for small business home-based business 115

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