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Saturday, 26-Mar-2011 06:45 Email | Share | | Bookmark
Setting up a Flower Shop in Toronto , Ontario

Let’s consider how opening up flower shops Woodbridge ontario would be beneficial for a person with an inherent interest in flowers and a passion to turn it into a business opportunity. Let’s outline the basics.
Industry Overview
The flower shop Toronto industry is a thriving industry because gift-giving is a social tool that hasn’t faded in importance, no matter what the economic scenario of Canada has been. Also, a growing trend that has been observed is that of Toronto flower delivery as when people are short on time, they can easily make their orders on the phone or online for convenience. The Canadian flower industry also has a powerful union by the name of Flowers Canada that basically aims to support and help the Canadian Floriculture industry. Thus, even though there is tough competition, a unique approach that capitalizes on market niches can help establish a flower shop very easily.
Business Purpose
Before starting out with flower shop Toronto or a Toronto flower delivery service, it is imperative for the person to clearly set out the purpose of the flower shop Toronto that he plans to establish. This should state clearly why he’s doing such a business, what are the objectives, aims, vision etc of the business. In addition to this, the person should clearly set out a mission statement for the flower shop Toronto. He could capitalize on a niche such as completely online based Toronto flower delivery.
Primary Business Products and Offerings
After the above, the person will have to define the actual products that he plans to sell through his flower shops Woodbridge ontario or the Toronto flower delivery. This could include customized bouquets, singular well cut flowers. Also, wedding/party arrangements that he plans to do (if any) should be included. If the business is being done through Toronto flower delivery, then he can make a website and upload pictures and samples. In case of a flower shop Toronto, he could have proper live displays at the location of his shop.
Finance (sales forecasts)
Before starting any business, a person has to establish what are the costs that he’s going to incur, how soon will he be making a profit, where he’s going to finance the initial setup from etc. For a flower shop Toronto, he will have to consider rental or buying costs of premises. For the Toronto flower delivery, he will have to buy a domain for his website, a dedicated telephone number if sales are done on phone etc.
Customer Profile (Target audience)
The clientele for the flower shop Toronto or the Toronto flower delivery will have to be identified in proper terms, such as the age group, the lifestyles, the occasions that would require them to purchase flowers from this shop etc.
Competitors
This is one of the most important aspects of setting up any business at all, let alone a flower shop Toronto or a Toronto flower delivery. Here the person will have to figure out who his immediate and direct competitors are. Also, he will have to find out about any indirect competition, if it exists. This will help him figure out the niches of the market and what to avoid in order to have a unique selling proposition.
The above is just a glimpse into the immense amount of planning that would be required in setting up a flower shop Toronto or a Toronto flower delivery service, or one that combines both. The bottom line being, if careful consideration is done, the flower shop Toronto will thrive and do good business.


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