A feasibility study for the mall project, most investors are looking for the best projects that achieve big profits, so the mall project is one of the best projects that give a big profit. The idea of a supermarket project depends on providing distinguished commercial services, as it provides the basic needs necessary for the consuming public, and it is one of the most important projects that require large labor and thus contributes to solving the problem of unemployment.
Therefore, it is necessary to conduct a comprehensive feasibility study with high efficiency and accuracy, and the technology company is one of the ideal choices to obtain an integrated feasibility study for all aspects of the project with great professionalism, because it is one of the most important leading companies in the field of financial and administrative consultancy for the project, as it provides all the detailed information about the project that It greatly contributes to his success on the ground.
Feasibility study of the mall project
A feasibility study for the mall project is one of the necessary things for the project that the project owner cannot overlook because it contributes greatly to achieving the desired goals, and it is represented in knowing the technical study, financial study, and other factors that achieve great results for the client.
Therefore, there are many basic factors that must be taken into account when preparing a feasibility study, and these factors include the following:
Feasibility study for the mall project The location of the project is one of the most important essential points for the success of this project because the mall’s location helps in its distinguished marketing, so the project must be located in high-end areas or surrounding vital institutions to maintain the project’s safety.
Feasibility study for the mall project also needs a large area because it is a huge project so that it is not less than 1000 meters to establish a number of shops inside the mall, so it needs a lot of costs to buy the place and establish the project, and there must be a large number of shops inside the mall.
The more the number of stores, the higher the expected profits for the project. In addition, all the public utilities of the project must be available within the place, which include electricity, water, and gas, as well as many distinguished services that it provides to the client in a feasibility study for the mall project.
Project Cost Ratio:
It is one of the things that the feasibility study clarifies, and it is represented in the expenses related to the establishment of the place, whether building and finishing the place, and the expenses necessary to purchase the equipment and tools required for the project, and in addition to that it also includes the wages of engineers and technicians specialized in preparing the project. one million pounds.
Labor required for the project:
The number of labor required for the mall project depends on the number of shops available inside the mall. In the case of renting the shops located in the mall, the project does not need any labor, but in the case of opening the mall as your own commercial project, it requires a lot of workers.
This employment is represented in providing a group of security personnel to keep the mall from being stolen or exposed to danger. It also needs a large number of cleaners. In addition, it needs some people specialized in project management, and a number of marketing staff to promote the products available inside the mall.
Marketing for the mall project
Good marketing is one of the most factors that help the success of the project and achieve excellent results for the investor. Therefore, there are many ways in which the project can be distinguished, and these methods are as follows:
Ensure to offer many discounts and various discount offers on all products available inside the mall at competitive prices that suit all customers.
Make an attractive banner on the front of the mall to draw the customer’s attention
Marketing the products by posting them on various social media sites, which is one of the best ways to promote the project well.
Interest in making more entertainment shows, especially during the opening, to increase the demand for the mall.
Printing and distributing paper advertisements within the area where the mall is located, as well as within the places near the mall.
Technical Management Consulting Company
The Technology Company has considered one of the best companies specialized in the field of administrative and financial consultancy, thanks to its services in providing adequate feasibility studies for various aspects of the project, as well as anticipating the size of profits and losses. Introducing new and innovative ideas, the most important thing that the company is keen on is achieving the project owner’s desire and desired goals to obtain large financial profits.