Originally known for mining, forestry, and its shipping industry, Vancouver’s economy is now fueled by innovative software development, biotechnology, transportation, aerospace, and global entertainment.
Per a recently published Global Startup Ecosystem Ranking, assessing ecosystem key characteristics including talent growth, R&D incentives, global market reach, business policy, and investor attributes, British Columbia’s Vancouver ranks as one of the top 20 cities in the world to launch a startup today. Leading Canada’s economic growth for another year in a row with a population of 2.5 million people and counting, the Greater Vancouver Area’s past and future success is closely linked to its growing ties with Asia and the United States’ Pacific Northwest, presenting unique international opportunities for growing businesses in any sector. As the 3rd greenest city in the world, fostering the first-class infrastructure, incubating international talent, and offering a unique geographical advantage as an international gateway, Vancouver is the place for forward-thinking investors to make their mark.
Vancouver’s Economic Landscape
Attracting over half a billion dollars yearly in venture capital, Vancouver is a magnet for global talent and investment. Its outstanding quality of life, top-notch infrastructure, low energy rates and some of the most competitive tax regimes enable the city to attract multinational talent, businesses, and investors from all over the world. Vancouver’s strongest business sectors are social enterprises, green economy, technology, and digital entertainment which drive the most international growth. From downtown Vancouver to Burnaby, New Westminster, Coquitlam, Maple Ridge, Richmond, Surrey, and the rest of the Lower Mainland, business is booming.
The economic landscape greatly benefits from Canada’s largest, busiest, and most diversified port located right in Vancouver. This strong sea network connects the country to more than 160 trading economies annually, most of them in the Asia-Pacific region. Furthermore, the region’s information and communications technology (ICT) sector represents another gem on the list of Vancouver’s assets. Boasting well-established global companies like Telus Corp. and continuing a consistent stream of new startups at the same time showcases this cutting-edge metropolis’ potential for any great business idea. Small businesses thrive likewise, from a Burnaby jewelry store to Vancouver manufacturing plant to a Coquitlam family restaurant.
This young, sustainable, and ambitious economic growth cauldron combines creative forward-thinking and a well-established international business network while fully embracing multiculturalism to create a nurturing and attractive environment for constant innovation and diversity on any level. Consistently rated as one of the world’s most livable cities, Vancouver clearly scores as an unparalleled place to work and invest.
#1 Economic Growth
High Quality of Life
Magnet for Talent & Investment
Buying a Business in Vancouver
Vancouver is best described as a place of great ideas and innovation – an international hub where entrepreneurs, talent and opportunity comes together to open the door to something powerful and unique. Its commitment to green living and thinking has established a reputation for sustainability like nowhere else, but Vancouver isn’t stopping there. As recently outlined in their 2020 Action Plan the city strives to be ranked number 1 greenest city in the world by the year 2020, leaving no doubt that there are great things on the horizon for this city. Write your own rules, find talent like no other in Vancouver and feel the incomparable pride of ownership and accomplishment to start shaping your unique legacy in the Lower Mainland. Biz Zen has the experience, the network, and the team passion for finding the perfect opportunity for you to buy a business. We’re here to provide you with all the details you will need to make a well-informed choice.
Selling a Business in Vancouver
Do you want to write the next chapter of your business story? Beyond its rapid growth and ever-growing potential, Vancouver embodies a new generation of international business and is just the place to be for investors, inventors, and game-changers who are looking for a perfect opportunity in a cutting-edge global trade environment. Here at Biz Zen, we’re excited to help you get your business in front of keen buyers and are committed to sharing our industry experience and business advice into maximizing the value and sale potential of your business.
Why Choose Biz Zen to Help Sell Your Business in Vancouver?
Whether you already own a business or you’re planning to have one in the future, it is our focus to empower independent and passionate business owners like you no matter where you’re at in your professional journey. Biz Zen connects interested buyers with only the most compatible sale opportunities in Vancouver through an easy-to-use online marketplace. We provide both sides of the deal with access to our informative digital library of user-friendly tools, helpful resources, and valuable industry insight to prepare you to buy or sell a business the right way and start the next stage of your journey on the right foot.