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Is it better to open a clothing store in a shopping mall or in a commercial street outside?
Each has its advantages and disadvantages. In shopping malls (referring to regular large shopping malls), the advantage is that you don't have to worry too much about people flow, publicity, salesperson recruitment and other issues. However, the liquidity of funds is easily controlled by shopping malls. Generally, the settlement period is long (about 45-60 days), and the fiscal and taxation aspects are relatively standardized. The profit rate is generally lower than that of commercial street stores. When working in a commercial street, we should consider the location (including the flow of people, rent, contract term, whether there is demolition, etc.). ), the recruitment and management of salespeople, as well as the problems of industry and commerce, taxation, urban management, streets and communities, are conducive to greater flexibility and initiative.
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