As great as it is to have your business set up in downtown Toronto, sometimes that's just not a realistic vision. Of all the catering companies Toronto boasts, the ones who make the most money are the ones with the lowest expenditures, meaning those who set up shop outside the city. Let's face it, Toronto real estate doesn't come cheap, so what options do small business owners have? Why not find some commercial real estate in Mississauga?
Though it may not seem practical at first, there are some distinct advantages to those who set up their business' custom enclosures away from the city limits. The most obvious advantage is lower rental costs and real estate prices. Toronto isn't just one of the most expensive cities to live in Canada, it's one of the most expensive in the world. There is a significant amount of money to be saved for your business by getting out of the city, savings that supersede the losses due to travel and such.
In terms of travel, it's by no means a class action Ontario compromise, meaning that Mississauga is only 56km outside of Toronto, so you're never too far from the GTA business center. Obviously not every business can afford to leave Toronto, but there are some that can live outside but work in the city. For example, a business who provides workers for home health care Calgary can be stationed outside the city as the home office can function away from its business center.
Some people may ask, why Mississauga? There are plenty of other towns and cities around Toronto, so why not see what's available through a MLS Newmarket? You'll be hard pressed to find a city more supportive of its local businesses in Ontario than Mississauga. Through places like the Economic Development Office and the Mississauga Business Enterprise Centre, new businesses and their owners can not only get acquainted with the city, but the organizations that help local businesses thrive. Not only will the EDC and MBEC give you information about the community, but they'll walk you through such formalities as registration and taxes as well.
Seeing is believing for many people, so if you are thinking of moving your business to Mississauga, you may want to hop onto the City of Mississauga website and see all of the helpful links, newsletters, and pages dedicated to helping you get your business off the ground. You can also find a list of local business events like trade shows and local meetings on the city website, allowing you to stay connected to the community.. It's hard to argue with Mississauga's dedication to business expansion, so if your rental bills in Toronto are driving you up the wall, see if Mississauga is a viable fit for you.