Creative business ideas with a startup budget over $20,000

63 ideas

These 63 creative business ideas suit people who have meaningful capital to invest, whether from savings, a loan or a partner, and want a business built around a physical space, specialist equipment or both. Options include a portrait studio in a rented space, a vehicle decal and graphics shop, and a community art studio with classes and hire.

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Under 1k1k to 5k5k to 20kFrom homeOut and aboutOwn premisesOnline
Students collecting rented instruments from a music hire counter.

School band instrument rental programme

Supply and maintain rental instruments for school bands, music programmes and youth orchestras.

  • C$8k-40k
  • Part-time
  • Own premises
Visitors viewing colourful Aboriginal dot paintings hanging on gallery walls.

Indigenous art gallery in a small shopfront

Open a small gallery in a tourist or arts area, showing and selling Indigenous artists' work on a rotating basis.

  • C$15k-60k
  • Full-time
  • Own premises
Artist blowing through a pipe to shape glowing molten glass in a studio furnace.

Own glassblowing studio and gallery

Run your own hot shop making art pieces and commissions for galleries and private clients.

  • C$15k-70k
  • Full-time
  • Own premises
Visitors viewing paintings on white walls in a gallery exhibition.

Small commercial art gallery

Rent a small street-front space, run rotating exhibitions and sell artists' work for a commission.

  • C$10k-50k
  • Full-time
  • Own premises
Actors rehearsing on a stage with a small theatre crew watching.

Small theatre company with its own space

Run a company with a rented studio theatre, producing a season of plays and workshops.

  • C$10k-50k
  • Full-time
  • Own premises
Designers reviewing logo sketches and brand boards around a table.

Small branding agency with a studio

Run a small team offering brand strategy, identity and rollout for growing businesses, from a shared or rented studio.

  • C$5k-25k
  • Full-time
  • Own premises
Sculptor shaping a bronze or clay figure in a studio.

Public and corporate art sculptor

Win larger commissions for parks, offices and developments from a rented workshop.

  • C$30k-120k
  • Full-time
  • Own premises
Students shaping clay on pottery wheels during a hands-on group class.

Pottery studio with classes and open studio

Rent a small unit with wheels and a kiln, and run weekly classes, kids' sessions and private parties.

  • C$15k-60k
  • Part-time
  • Own premises
Maker assembling a detailed scale model of a building on a workbench.

Model-making workshop with laser cutter

Rent a small unit with a laser cutter and 3D printers to produce detailed models for firms and developers.

  • C$12k-50k
  • Full-time
  • Own premises
Designer pinning a made-to-measure gown on a client in an atelier.

Bespoke atelier with a fitting room

Open a small atelier where clients book fittings and commission bespoke clothing, with help from a seamstress.

  • C$15k-60k
  • Full-time
  • Own premises
Music producer working at a mixing desk in a recording studio.

Music producer with a rented studio space

Rent a small room or unit, fit it out for recording and run sessions for bands and artists full time.

  • C$6k-30k
  • Part-time
  • Own premises
A taxidermist working on a mounted animal specimen in a workshop.

Full-time taxidermy shop

Run a small shop and workshop taking in mounts from hunters, outfitters, collectors and museums.

  • C$10k-40k
  • Full-time
  • Own premises
Silversmith shaping a silver ring with hand tools at a bench.

Silver repair and commission workshop

Run a small workshop repairing and making silver pieces for walk-in customers, jewellers and local shops.

  • C$8k-30k
  • Full-time
  • Own premises
Frosted etched design appearing on a clear glass panel being prepared in a workshop.

Sandblast glass etching studio

Run a small workshop etching signage, privacy glass and decor for businesses and homeowners.

  • C$6k-25k
  • Part-time
  • Own premises
A tailor taking measurements of a client for a made-to-measure suit.

Tailor shop with a fitting room

Open a small storefront for bespoke orders, alterations and walk-in repairs.

  • C$10k-40k
  • Full-time
  • Own premises
A tailor measuring and altering a garment at a workbench with fabric and pins.

Tailoring and bespoke studio

Run a small shop or studio offering alterations plus made-to-measure suits, dresses and formal wear.

  • C$8k-35k
  • Full-time
  • Own premises
Engineer mixing music on a console in a professional recording studio.

Rented studio with live room and booths

Rent a small unit and fit it out to record bands, voiceovers and podcasts by the hour.

  • C$70k-250k
  • Full-time
  • Own premises
An artist tattooing a client in a bright, well-equipped tattoo studio.

Your own appointment-only tattoo studio

Open a small private studio, tattoo by appointment and build your own brand, with room to add other artists later.

  • C$15k-60k
  • Full-time
  • Own premises
A photographer shooting a product on a table with lights and a camera on a tripod.

Rented photography studio

Run a small studio for portraits, headshots and commercial shoots, with space to rent out between bookings.

  • C$8k-35k
  • Full-time
  • Own premises
Designer sketching and testing a physical product prototype at a workbench.

Product design studio with prototype shop

Run a small studio that designs products and builds physical prototypes for clients in-house.

  • C$8k-40k
  • Full-time
  • Own premises
A tattoo artist inking a design on a client's arm with a tattoo machine.

Private appointment-only tattoo studio

Run your own small, appointment-only tattoo room for custom pieces and set your own prices and style.

  • C$10k-45k
  • Full-time
  • Own premises
Tailor pinning a tailored suit jacket on a male client.

Bespoke suit tailor with a small studio

Make bespoke and made-to-measure suits for men in a small studio, alongside alterations to keep steady income.

  • C$8k-35k
  • Full-time
  • Own premises
Young ballet students practising at a barre in a bright dance studio.

Ballet school with its own studio

Open a dedicated ballet studio with a full timetable of children's and adult classes, taught by you and a small team.

  • C$15k-60k
  • Full-time
  • Own premises
Artist working at an easel in a bright shared studio space.

Community art studio with classes and hire

Rent a small unit to run classes, memberships and paid studio hire for local artists.

  • C$8k-40k
  • Part-time
  • Own premises

About these ideas

A bigger budget can buy better equipment and a stronger first impression, but it also raises the cost of getting it wrong. Before committing, look at your likely lease terms, how many paying customers you would need each month to cover fixed costs, and what skills or training you already have. Start by testing demand locally, then compare the ideas that fit your experience.

More ideas

Questions

What should I check before spending over $20,000 on a creative business?

Check your fixed monthly costs, such as rent, insurance and equipment financing, against realistic sales. Talk to potential customers first, ask suppliers about lead times, and consider whether you could start smaller and expand once demand is clear.

Do I need a licence or permit to open a studio or workshop in Canada?

Requirements often vary by province and municipality. Check local business licensing, zoning rules for your premises, and any building or fire code needs. Also ask about registering your business name and whether you must collect GST/HST.

How can I fund a creative business that costs more than $20,000?

Common routes include personal savings, a small business loan, equipment leasing or a partner. Check what lenders ask for, such as a business plan and cash flow forecast, and ask about any government-backed programs that might apply to you.