Owning Indian Grocery Store

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rshastry
Member since: Jul 04

Posts: 22
Location: Mississauga
Post ID: #PID

Posted on: 29-08-04 10:53:55

Hello Desis,
I am a 30 yr old software engineer and have just moved to Toronto from the US . I am tired of having to survive in an uncertain job climate and have decided to explore entrepreneurial opportunities. I have about CAD$ 70,000 in savings but would like acquire additional fundings/loan through bank loans etc.

I have also registered to attend seminars at http://www.enterprisetoronto.com to gain more knowledge about setting small scale business for immigrants.

I have reviewed various threads in this forum that have offered valuable insights into setting up ones own business but would really welcome your input of how to start the process of setting up ones own indian grocery stores in Canada in terms of investment/infrastructure etc.

Many thanks and regards,
Raghu

Garvo Gujarati
Member since: Nov 01

Posts: 3116
Location:
Post ID: #PID

Posted on: 30-08-04 09:46:14

We have ever increasing south asian population in GTA and Canada. However according to me we have lots of Indian Grocery stores atleast in Toronto area. So according to me to have an Indian Grocery store in GTA is not viable.

I have seen closing of two Indian grocery stores in Scarborough - just because of competition.

-----------------------------------------------------------------
A Proud Indian Canadian

AnilKG
Member since: Jan 04

Posts: 197
Location: SEA-TOR-OTT-HOU-OKC
Post ID: #PID

Posted on: 30-08-04 14:49:13

The question to Raghu, I will ask "Why Indian Grocery Store as entrepreneurial endeavor?" Why not soemthing related to Software Engineering or IT field?

In addition to Enterprise Toronto, also check out Toronto Business Development Center http://www.tbdc.ca

Just a word of caution, entrepreneurship is not an alternative to uncertain job climate. It is still easier to find a job than start a business. Usually it takes 3 years to have sustaining and viable business.

GG, there are pockets of areas in Toronto with no decent Indian grocery store but I am not sure if there is enough desi pop. to support one either. Look Eastward from Jane Subway station up to Christie.

Quote:
Orginally posted by Garvo Gujarati

We have ever increasing south asian population in GTA and Canada. However according to me we have lots of Indian Grocery stores atleast in Toronto area. So according to me to have an Indian Grocery store in GTA is not viable.

I have seen closing of two Indian grocery stores in Scarborough - just because of competition.

rshastry
Member since: Jul 04

Posts: 22
Location: Mississauga
Post ID: #PID

Posted on: 30-08-04 15:00:14

Garvo Gujarati and AnilKG ,

Thanks for your input. AnilKG, I am also looking into the opportunities in software support/computer troubleshooting etc. I am keeping all options open and am basically in research mode now.

Regards.

AnilKG
Member since: Jan 04

Posts: 197
Location: SEA-TOR-OTT-HOU-OKC
Post ID: #PID

Posted on: 30-08-04 19:48:47

How are you researching?

If you need any guidance and feedback in exploring business options and establishing business, drop me your profile. I will be happy to help others too, time permitting.

Quote:
Orginally posted by rshastry

Garvo Gujarati and AnilKG ,

Thanks for your input. AnilKG, I am also looking into the opportunities in software support/computer troubleshooting etc. I am keeping all options open and am basically in research mode now.

Regards.

rshastry
Member since: Jul 04

Posts: 22
Location: Mississauga
Post ID: #PID

Posted on: 02-09-04 09:12:47

So screw entreprenurial endeavors

Daks
Member since: Mar 04

Posts: 157
Location: Toronto
Post ID: #PID

Posted on: 02-09-04 09:46:04

Quote:
Orginally posted by rshastry

So screw entreprenurial endeavors

Congratulations!!

Contributors: rshastry(4) AnilKG(2) Daks(1) pinakind(1) Kap(1) Garvo Gujarati(1)

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