Norwood Convenience Store
11043 95Street
Edmonton, Alberta
Owner: Temesgen Rikitu
Ph: 780.680.5560
rikitut@yahoo.com
About Norwood Convenience Store
Background
Business
Business
Goals
• Norwood Convenience Store has been operating since 2009, owned by a couple,
Temesgen Rikitu and Mrs. Rikitu
• In addition to selling products to regular day to day customers, the convenience store
also sells speciality Ethiopian food and spices targeted to the Ethiopian market
• Has been a growing profitable business since 2009
• Short Term Goals:
– To increase overall profits by $3000-$6000 in the 2011 fiscal year
– Establish an inventory process or tool
– Retain part-time employee
– Improve computer skills (Microsoft Office Applications)
– Installing latest Office Applications on company’s laptop
• Long-Term Goals:
– Secure a loan or find source of financing (savings) up to $10,000
– Increase the space in store by performing renovations
– Purchase equipment for expanding and offering more products i.e.; assorted Halal
Meat
Temesgen is on the left, (owner) of Norwood Convenience
Store. Nilofer (Business Mentor) is on the right, working
together in accomplishing Norwood Convenience business
goals
This area will be renovated to have a small office for the
owners to be able to complete their administrative work or
meetings that occur during the month
The side entrance to the right will be renovated so people can
come straight in rather than in a corner
This side is already being used, as customers enter in and
purchase and pay for their goods
Norwood Convenience Store sells other goods targeted for
any customer who needs items such as; cleaning detergent,
beverages, wine glasses, pet supplies, canned foods etc. If
you are in the area, drop in for a cup of coffee, grab a snack
and/or purchase a gift for an occasion if required
This section is where the specialty food and spices are sold
targeting the Ethiopian market
This space has been offered by the landlord for Temesgen to
renovate and expand the store. The entire will be removed. The
rent would increase by $800/month
This space will be used for offering Halal fresh assorted meat
The large cabinet to the right
and the wall will be removed
so we can see the other side
of the store ie.; the fridge,
canned foods and other
goods sold
More space available to be renovated for Norwood
Convenience to use for preparing and packaging assorted
meat
Accomplishments
Images to be placed, after renovations
Questions??