Economy, asked by charitylaoat26, 5 months ago

why do entrepreneur want to have a commercial space in the mall even if price is very expensive?​

Answers

Answered by HenryRent
13

Answer: Sometimes Entrepreneur want to have a commercial space in the mall even if price is very expensive is to show their product public, because sometimes the more exposure the product (specialy in mall/ popular malls) the more costumer will atract. And typically Entrepreneur have to spend money to make money even though it comes to the point of spending all their money

Explanation:

Sometimes

Answered by brokendreams
3

Entrepreneurs wants to have a commercial space in the mall even if the price is very expensive because Mall is surrounded by ready-made traffic and thousands of shoppers every day

Explanation:

  • Larger malls have a diverse range of companies, some of which are key anchors (such as Walmart), making them destination sites.
  • In other words, they are the principal source of clients for secondary enterprises (such as food courts) that rely on temporary traffic. The selection of a business site is all part of an entrepreneur's well-thought-out business plan.
  • Then there are smaller community malls with laundromats, convenience stores, gyms, restaurants, and veterinarians that may be great sites for some companies such as dentists, attorneys, and accountants.
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