the best offline business!

Discussion in 'General Business' started by sp360, Apr 15, 2008.

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  1. #1
    Hi,
    I was thinking of saving up some money and then investing it into a offline business. I live in Toronto, Canada. What you the best thing to do with it is?
    open up a small store, restaurant, dealership etc. name the best thing you got.
    Thanks, SP360
     
    sp360, Apr 15, 2008 IP
  2. dapgido

    dapgido Peon

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    #2
    small restaurant sell "Pho" Vietnam :D
     
    dapgido, Apr 15, 2008 IP
  3. netpassion

    netpassion Peon

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    #3
    I suggest you should open a store selling Coke and bread. All people need them and the potentials market is endless.
     
    netpassion, Apr 15, 2008 IP
  4. netpox

    netpox Active Member

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    #4
    How much money are you going to save up? Opening a restaurant, store or dealership is not that cheap.
     
    netpox, Apr 15, 2008 IP
  5. tigrrra

    tigrrra Well-Known Member

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    #5
    a small business thats easy to start and dont cost much is a vending machine business. it can be done as part time too
     
    tigrrra, Apr 15, 2008 IP
  6. jaree

    jaree Well-Known Member

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    #6
    If you have enough capital and no prior offline experience then franchise is the best way to go
     
    jaree, Apr 16, 2008 IP
  7. manisht07

    manisht07 Peon

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    #7
    I agree with the above one.Go for a franchise route whether it is restaurants,joints,bars or super markets.if you don't have experience in running an system then go for the franchise route.
     
    manisht07, Apr 16, 2008 IP
  8. xaralee

    xaralee Well-Known Member

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    #8
    Food is the best offline business in the world :)
     
    xaralee, Apr 16, 2008 IP
  9. silveraden

    silveraden Banned

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    #9
    Any business related to foods and beverage is considered best
     
    silveraden, Apr 16, 2008 IP
  10. jk76

    jk76 Peon

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    #10
    And dont forget to specialise in babyboomers - they retireing and have good incomes :)

    Food restaurant for people over 60, we deliver!
     
    jk76, Apr 16, 2008 IP
  11. tigrrra

    tigrrra Well-Known Member

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    #11
    thats a good point there are going to be a lot of old people out in this world.
     
    tigrrra, Apr 16, 2008 IP
  12. magda

    magda Notable Member

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    #12
    If you have experience in catering - open a restaurant, bistro or cafe.
    If you don't - don't even consider it, the failure rate is very very high.
     
    magda, Apr 16, 2008 IP
  13. Sem-Advance

    Sem-Advance Notable Member

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    #13
    Sheesh some guys have no imagination.

    Cash business is always best, so that you can pay your taxes.....

    Nude indoor car wash ...think nude Hooters girls, soap, cars, men....

    :D

    $$$$$$$$$$$$$$$$
     
    Sem-Advance, Apr 16, 2008 IP
  14. dailydee

    dailydee Peon

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    #14
    I also live in Toronto and we're doing photography, videography and events. We're throwing our first beauty pageant this comming august.
     
    dailydee, Apr 16, 2008 IP
  15. what

    what Active Member

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    #15
    the best offline business for you is a business that can ANSWER A NEED in your community. what i recommend for you to do is to conduct a feasibility study --- see what the people need. don't look at the big picture yet --- focus on a micro area. if there are already too many food joints in your area, then it may be too much of a challenge if you open a new one.

    also, always make it a point that you open a business that YOU YOURSELF ARE INTERESTED IN or you yourself are interested to know everything about. don't open a bar just because your friends think that it's a cool thing to do. open a bar because you like to, because you like to mingle with other people, because you know a thing or two about bartending, because you know what types of food will be a hit in your bar, because you know how to promote your bar well.

    two cents from someone who has offline and online business :)
     
    what, Apr 16, 2008 IP
  16. PlateFish

    PlateFish Banned

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    #16
    Go into real estate.

    Start by selling your store and then investing in an ONLINE business.

    My 2 cents.
     
    PlateFish, Apr 16, 2008 IP