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Feasibility study commercial mall project

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29 Jan 2022

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Feasibility study commercial mall project

Feasibility study commercial mall project, the commercial mall project is one of the projects that have won the admiration of investors during the recent period, as it is one of the best projects that achieve large material returns within a short period of time, and the commercial mall is a complex of shops that provide the needs of customers of products and goods

Therefore, the idea of a commercial mall project needs to study the feasibility of an integrated commercial mall project, where the feasibility study is one of the important things to start the project, it provides all the information about it to ensure its success, so it must be under the supervision of specialists in the preparation of the feasibility study and will not find more efficient than the technology company, which has a great ability to prepare the economic and financial feasibility study of the project at the highest efficiency.

 

Feasibility study commercial mall project

The feasibility study of any project depends on knowing all the details of how to implement this project, and as a commercial mall project is one of the large projects that need a large capital, so it is preferable to be within the vital areas and populated areas because this serves the project greatly in promoting it and achieving great results within a short period of time.

In addition, the feasibility study includes many factors that affect the success of the project, the most important of these factors are the following:

Project location:
The location is one of the most important steps necessary to start the project, which helps to succeed quickly, and a commercial mall project is one of the projects that require a large area to build the project because it consists of a group of different shops, the more the number of shops, the more the profits of the project multiply.

It is also preferable that the place is near many crowded places and population gatherings because this helps to earn the place great fame within a short period of time, as well as the place must have all the public facilities for the project, which are water, electricity, sewage and other distinctive services.

There must also be some security personnel to keep the mall from being stolen, as well as to keep customers and users safe.

Cost of building a commercial mall project:
This cost depends on the size of the capital needed to purchase the project place and the costs of establishing the place in terms of finishes and decorations for the project, as well as the costs of equipment and equipment necessary to start the project, in addition to the costs of wages of workers and employees within the project, so the feasibility study provides you with all the information about all the items of the project that enable you to know the project management well.

 

Mall feasibility study

Providing the necessary labor for a commercial mall project:
The amount of labor required depends on the number of commercial activities that are available inside the mall as it contains a group of shops, so it needs more labor from the most important of these workers security personnel to maintain the safety of the place

In addition, there must be cleaners to clean the place, as cleanliness is one of the most important things that the customer is keen on. A professional accountant must be hired to audit the mall and know the size of the net profit and loss expected from the project, as well as a group of people with extensive experience in the management of shops so that they can provide services to customers with high-quality efficiency.

Marketing for a commercial mall project:
There are many new and distinctive ideas that contribute to the marketing and promotion of the project, these ideas are as follows:

Make a lot of discount offers and exclusive discounts on all products available inside the place.
Distributing special gifts to the mall’s customers when they come to the place, it is also preferable to make a large opening and provide various recreational activities, which suit children as well as the presence of a basic part for children inside the mall.
Take care of the work of a set of advertising through television screens.
Print many paper advertisements and distribute them to public places as well as vital facilities near the mall.
Make a lot of advertising through various social media, as it is one of the best modern ways to market products.
Prices must be appropriate for all segments of society and must know the prices of competitors located near the mall, to provide the best prices for customers and users are the most important factors to attract customers.

Technical company for management and financial consulting

Technic is one of the best companies specialized in the field of management and economic consulting and feasibility studies, as it has extensive experience in preparing economic and financial feasibility studies for the project with high efficiency and excellent accuracy

In addition, it is working on the development of the project by relying on new and distinctive ideas that made it the focus of attention of many investors to contract with it, as it focuses on knowing the strengths and weaknesses of the project and developing future plans to achieve the desired profits from this project, all these advantages have made the technology company occupy a special place among other companies.

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Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

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