The entrepreneurial landscape in the Philippines has witnessed a remarkable surge, with numerous Micro, Small, and Medium Enterprises (MSMEs) taking root and flourishing, even amid the pandemic. According to recent data from the Department of Trade and Industry (DTI), MSMEs comprise 99.59% of registered business enterprises.
Despite the rapid increase of digital businesses, brick-and-mortar stores continue to retain their allure, serving as tangible and reliable sources of goods for consumers. According to research firm JLL, brick-and-mortar stores are seen to endure even after the apparent decline in relevance during the pandemic, with retail spending seen to grow in the oncoming years thanks to “revenge shopping” and the strong mall culture of Filipinos. Physical and digital stores are seen to work hand-in-hand rather than in competition with each other.
Choosing the most suitable commercial space is crucial as these businesses embark on their growth and expansion journey. Whether it’s a physical location for an entirely new venture or an expansion of existing operations, understanding the essential factors to consider in selecting a business space is important for sustainable success.
Choose an Ideal Business Address
Location is everything for physical stores.
Businesses that position themselves within strategic mixed-market locations, such as in well-known mixed-use developments close to malls, hospitals, and hotels, can benefit from the diverse consumer base these establishments bring. Neighboring with local and multinational locators within thriving industrial parks can also help physical locations grow.
Consider Accessibility
As consumers slowly migrate outside the hustle and bustle of the metro, so must businesses that want to flourish. Businesses located in developments with convenient exits connected to major thoroughfares – offering easy accessibility – have greater growth potential.
In the south, for instance, highly accessible commercial hubs near CALAX and NLEX-SLEX Connector Road are more appealing to consumers as they significantly reduce travel time and enhance mobility for businesses and customers alike.
Prioritize Great Value for Money
A development with vibrant residential communities, condominiums, major malls and shopping centers, and hotels, built near existing infrastructure including schools, industrial parks, and multinational locators, may be the ideal location for budding businesses. Investing in these kinds of commercial lots within burgeoning but thriving developments just outside the metro offers exceptional value for money.
Seek the Best Place for Growth Potential and Opportunity
What if your business had the chance to participate in a rapidly evolving business landscape poised for exponential growth thanks to a steady influx of customers and opportunities?
Enter Greenfield City: a thriving commercial hub in Sta. Rosa, Laguna made to cater to the evolving needs of businesses and entrepreneurs alike.
Greenfield City, by Greenfield Development Corporation, offers sustainable living and promising business opportunities. Located at the core of the bustling “Lion City of the South,” Greenfield City extends over 400 hectares.
Its mixed-use developments, multinational offices, and nearby residential enclaves set the stage for sustained business growth and success. The presence of the Laguna International Industrial Park (LIIP) and Greenfield Auto Park, with local and multinational locators, further solidifies Greenfield City’s position as an ideal business address.
Adding to Greenfield City’s appeal as a highly accessible commercial hub are its three convenient exits from the South Luzon Expressway (SLEX) – Greenfield Mamplasan, Sta. Rosa, and Greenfield Eton, ensuring seamless connectivity to major thoroughfares.
Greenfield City presents an enticing proposition for businesses and investors alike, boasting a prime location, competitive pricing, vibrant community, and promising growth prospects. By capitalizing on these advantages and embracing the opportunities within Greenfield City, businesses can anticipate enduring and substantial growth, cementing their positions as influential entities within their respective sectors.
These strategically located properties offer excellent investment opportunities for businesses looking to establish a presence in this thriving city. Only a limited number of commercial slots are left for the taking! Seize this opportunity and become part of the dynamic ecosystem at Greenfield City today.
As a thriving commercial hub, Greenfield City offers accessibility, competitive advantages, and substantial growth opportunities for businesses and investors alike.
Greenfield Development Corporation is a leading real estate developer in the Philippines, dedicated to crafting sustainable and lively communities that enhance the lives of residents and contribute to the nation’s growth and development. With a diverse portfolio of residential, commercial, recreational, and industrial projects, Greenfield Development Corporation continues to set the benchmark for excellence in the Philippine real estate sector.