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What are the characteristics of indian restaurant

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Reference no: EM132851208

Economic Proposal

Suppose that you are going to open an Indian restaurant in Lasalle, QC. By writing this economic proposal to provide more information to support your decision. The aspects you need to cover are as follows:

Approximately how many of Indian restaurants are located in Lasalle? (Supply-side)

About how many orders (Dine-in/Take-away) are made in one month from Indian restaurants located in Lasalle? (Demand-side)

From the above two points, is the market supply-dominated or demand-dominated? Does the market reach an equilibrium point? Is the market competitive?

What are the characteristics of your Indian restaurant (e.g., food, drink, environment, location, service, etc.)?

What is your cost of production (e.g., labor, raw materials, building rental, etc.)? You could generate a table to describe it.

What are the advantages and challenges facing the Indian restaurant?

Reference no: EM132851208

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