Fast Facts About Doing Business in Nanaimo
Like all cities in BC, Nanaimo has gone through its share of economic changes. What started out as a coal town in the mid-1800s has grown into a mostly service-based economy with a skilled local workforce.
If you’re an entrepreneur, retailer, service professional, or home-based business, the time for starting or growing your Nanaimo business has never been better.
- There are approximately 5500 businesses operating in the city of Nanaimo
- 25% of businesses produce goods, while 75% offer services
- About 68% of Nanaimo’s business are locally owned and operated
- Most local Nanaimo businesses have less than 20 employees
- Home-based businesses account for 38% of new businesses
- Construction is the number one new business in Nanaimo (25%), followed by Retail (14%), and Professional Services (12%)
- Steady population growth continues to drive new business startups in Nanaimo
Business Resources
City of Nanaimo business information, including links to city departments
Small Business Seminars for BC entrepreneurs
Overview the Nanaimo business community including descriptions of businesses by sector
Every Nanaimo buyer, seller, property, and neighbourhood has its own details. Ask Lumen for a quick next-step answer, check the latest market stats, or send your question to The Dan Morris Real Estate Team for personal guidance.