As I already said in my outline assignment that restaurant is a place where there people cook some food and serve to their customers in exchange of money. Opening a restaurant is not that much easy but if once a person get involved in this he or she will get huge benefits from that. Opening a restaurant in Canada is also out of most profitable businesses. The population of Indian people is also increasing day by day so it’s a great opportunity for Canadian generations to open traditional food restaurants to be successful in life. Investing in restaurants should be beneficial for upcoming Canadian generations because nowadays there are not that much traditional food restaurants in Canada if Canadian generation will invest in this kind of business it will get numerous benefits as I mention in my outline assignment and this essay will focus on number of reasons why it is valuable to invest in restaurants in upcoming paragraphs.
Benefits or Reasons
Benefits and reasons are the things that are everywhere and in everything nowadays. You can see anywhere where there is a business people are always looking for reasons and benefits of every single thing. So, Investing in restaurants by Canadian generation is also having some benefits or reasons. The mainly reasons are such as profit, less barriers, developing career, increasing goodwill, name and fame, quality, growing industry and so on.Moving ahead, writing in detail about these reasons (why people should invest in this business).
The main reason behind opening any new business is just profit. In today’s world everyone wants to earn huge money. In this business people may also earn as much they want by expanding their business at high level. In every business profit is very important to measure the health or success of every business. There are also examples of many restaurants which are earning great from this business. You can take the example of the fastest growing restaurant named as “Mr. Greek”. Mr. Greek began as a family restaurant in the “Greek town” on The Danforth in Toronto in 1988. It did not take long for people to fall in love with our many Greek and Mediterranean specialties and warm relaxing atmosphere, and the word spread.
For more than two decades they have been growing MR. GREEK Restaurants using only the freshest premium ingredients with no MSG, tenderizers or added preservatives. They prepare each meal fresh to order and are proud of their heritage. It’s their privilege to serve us the best of Greek Mediterranean cuisine. They are earning enough that are also donating some part of their revenue to different organizations. So, that’s why I am telling that investing in this type business results in huge profit. Therefore, it is a golden chance for Canadian investors to make profit by investing in this business.
Investing in restaurant or owing a restaurant is also results in good career development. Sometime this is a dream of many people who aspire to take on more responsibilities and believe they have what it takes to be successful. Being the owner requires many things such as skills, dedication and support. Anyone can own a restaurant but it is very difficult to own a profitable one. So, if a person can do it as his passion then it will help him to develop his career very easily due to the environment, potential and education regarding restaurant.
Firstly, in case of environment , there are various kind of things that the owner have to do like making decision in emergencies, managing the employees of restaurant and maintaining laws and regulations that would help him to stand as a good person.
Secondly, in case of education, receiving a two- or four-year degree in hospitality and restaurant management provides a good background. Moreover, being the owner a person will also get excellent communication skills, analytical capability and self-confidence because he has to communicate with many people in his daily life. Lastly, a person will also get that much potential that he can make new things in future. So, it is needless to say that these are the reasons that a person has to invest into this business for his career development. It clearly states that investing in such type of business help in developing personal career.
The major reason behind investing in restaurant business is because of growing industry. This industry is growing day by day. One way or other, most of us visit restaurant every day. Whether it’s grabbing a coffee or going there dine in with family or friends. Moreover, Customer is increasingly ordering through apps on their smartphones or by calling on the restaurant contacts. It is also increasing due to increase in nowadays advertisement. Advertisement has a very big impact on this industry.
Furthermore, Social media help people to learn about different kind of food and different locations to eating out that attract them toward eating out. So, as a result this trend is increasing continuously. Probing Further, Canada is the country where mostly people are free on weekends and they like to spend that time with their families. So they do these types of activities on weekend such as eating out that gives a hand to growth of this industry. Due to growing industry if one could invest in this type of business they will definitely become successful because it is growing yet. Canadian generation have this opportunity that it could invest in this business.
The above mentioned reasons represents that it has numerous benefits for Canadian generation if they should invest in traditional Indian food restaurants. It helps them to develop their career in a field that they will get huge profit in their business. Moreover, there are also not that much traditional food restaurants in Canada so; Canadian community will take advantage of eating food in these restaurants. In conclusion, this essay supports the idea that Canadian generation should invest in traditional food restaurants that will help them to raise their standard of living and to live a good life.