Earn Millions in Canada with These 15 Side Jobs

Expired on: Jun 21, 2024

This post explains the side businesses you can start in 2023 to make some extra money while remaining in Canada.

What to Consider Before Starting a Side Business?

Your preferences are where a side business, job, or gig begins. Therefore, once you start to think about that, you need to question yourself:

  • Do you think I should pick up any new skills?
  • What already can I do?
  • Do I have enough time for a side job?
  • What Procedures Can You Follow to Begin Hustling?

Here’s how to choose your side business after conducting thorough research and careful consideration:

  • Make a list of your passions. Knowing your strengths and hobbies will help you hustle successfully and earn money with ease.
  • Investigate the sectors that interest you since market expertise can protect you from unanticipated pitfalls.
  • Set a timetable. Check to see if you can realistically manage additional task during the day. Does it conflict with your current employment? Does it provide you time to attend to other obligations and yourself?
  • Making a strategy will make it simpler for you to uncover your passion and turn it into a source of income.
  • Let’s look at the top 15 side jobs that pay the most that you may start today.

The Top 15 Side Jobs in Canada

The following 15 sources of income have been shown to be secure and very lucrative in Canada:

1. Rentals for a Limited Time (Airbnb)

Most people start out with short-term rentals as a side business. The monthly revenue potential for an Airbnb is roughly $1000. Airbnb offers a variety of hosting alternatives, including renting out a spare room in your house, a whole home, or local activities.

Because it enables you to monetize an existing asset or purchase a house, renting out on Airbnb is a great option. If you do it well, you can make money with little to no work on your part. A $1000 income is not a constant sum because it might increase based on your location, assets, or amenities. You should expect your side hustle to succeed in the long run considering that Canadian Airbnb hosts make over $7.1 billion annually.

2. Web Designer

In Canada, there is a great need for web designers and developers, who can make up to $9000 per month. A web designer can make $60,000 annually on average. A company today should have a website, and as a web designer, you can create websites with a variety of goals in mind. Start by uploading samples of your prior work to Fiverr or Upwork.

Web design and development are your best bet if you’re trying to expand your knowledge. If you are already an authority in the industry, you can work as a consultant for corporations or a teacher for individuals who wish to learn, nevertheless.

3. Transcriber

Consider working from home as a transcriptionist if you’re a fast typist looking for a side gig. This position pays between $2000 and $3000 a month. Writing down what you hear on audio or video recordings is the process of transcription. Calls, business meetings, court appearances, and notes from movies, movies, or school assignments can all be recorded. Payment is typically made per word or audio minute.

4. Affiliate Marketing

Affiliate marketing is a technique used by marketers to promote the products and services of other companies on their websites or social media accounts. Businesses pay commissions to affiliates when the products are sold. A monthly salary range of $1500 to $3500 is possible. When done correctly, affiliate marketing may be one of the most lucrative home-based businesses in Canada. It also entails little risk or investment. In the world of content creators today, affiliate marketing is a form of digital marketing. It makes it possible for content creators to make money by promoting products or services via an affiliate network.

5. Coach

You can work as an offline or online coach, depending on your qualifications. People seek out coaches for a variety of reasons, including relationship and family coaching, business and financial advice, fitness advice, spiritual advice, and legal advice. You can make between $2000 and $3000 a month using your coaching abilities.

6. Freelance

A great way to boost your income or make it your full-time profession is to use your expertise to find freelance work. Freelancers work on their own projects, collaborate with companies, or take on temporary contract work using their specialized professional skills. You have more control over the kind and volume of work you complete as a freelancer. Your earnings will increase in proportion to the amount of work you complete, but the typical freelancer can expect to make $1800 per month.

7. Bookkeeper

If you enjoy organization, bookkeeping is something you can take up as a hobby and turn into a successful side business. In case you didn’t know, bookkeeping is the process of regularly compiling methodical reports of a company’s financial activities. Every organization will eventually need a bookkeeper’s services. no matter how big, how small, or how in between. That suggests that there is always a need for bookkeeping services. A bookkeeper’s average monthly salary in Canada is $3,451.

There aren’t any major entrance barriers if you already have experience. All you need, besides technical skills, is a laptop, internet access, and a workspace.

8. Tour Director

Being a local tour guide is a fantastic way to turn your interest in the area into money if you are familiar with it inside and out and enjoy interacting with new people. In Canada, a tour guide makes $2,000 on average each month. Local tour guides show tourists around and encourage them to experience the area’s landmarks, points of interest, shops, restaurants, and other activities in the same way that a local would.

9. Graphic Designer

The demand for graphic designers is rising, especially in light of rising social network usage and the struggle to stay current online. Top Canadian companies pay highly for graphic designers and offer a wide range of additional benefits and rewards. You can take a variety of online courses to learn graphic design if that’s something you’re interested in. As a graphic designer, you can expect a monthly salary of $4,000 on average. The best tool a graphic designer has when looking for work is an appealing portfolio, so you should start creating one.

10. Manager of social media

Social media management is a flexible profession. Your management abilities are necessary for any company with an online presence. A wide range of businesses, professions, and industries employ social media managers. Once you have a basic understanding of how to function as a social media manager, you can start developing your career, which will be advantageous to you in the long run. Your monthly salary as a social media manager should be $3,700.

11. Cleaning the house

In homes, hotels, motels, and establishments like hospitals and universities, executive housekeepers are in charge of the laundry and housekeeping departments. There is always a need for labor, especially in private homes, so there is a constant need for housekeeping services. Typically, a housekeeper makes $3,514 per month.

12. Rent a Car

More than 1.2 million Canadians have signed up with Turo to rent more than 55,000 vehicles through its app and website. Customers can borrow a high-end car for a special occasion or rent a car from a private owner, frequently at a lower price than from a regular rental agency.

The Turo platform enables car owners who want to become hosts to rent out their vehicles in order to generate income from a vehicle that would otherwise be sitting idle in their garage. You don’t need to be concerned if you don’t own a car because this platform connects those who require a car with those who already have one but don’t frequently use it. It is an excellent and hassle-free way to make money. You should anticipate earning $1,000 per month from this platform.

13. Ridesharing

Ride-sharing is the practice of arranging a passenger’s travel in a private vehicle, typically for a fee, through the use of a website or mobile application. An illustration of this is Uber. Ride-sharing is one of the most significant elements of Canada’s growing collaborative consumption. For someone with a car and a love of driving, starting a ride-sharing business seems like the perfect side venture. In general, you could budget $1500 to $2000 per month.

14. Proofreader

Do you have a good eye for typos in text? Is your command of the English language particularly strong? If so, you would be the ideal candidate for proofreading. You can work a full-time job in addition to a flexible, low-stress side job like proofreading. Proofreading and editing are the most popular side jobs in Canada, where you can earn an average of $4,000 per month.

15. Flipper

Flipping is the practice of purchasing an asset and reselling it after only a short time. You can start by purchasing furniture, remodel it in your style, and then resell it for a profit. If you have a passion for interior design and decorating, this is the best way for you to make money from it. An average flipper can earn $9000 a month.

Even though flipping furniture is a beginner’s scale, once you get the hang of it, you can start flipping bigger assets like properties and renting them out as well!

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