Trading Area
Visit two (2 ) hawker centres of your choice. Examine how you would conduct trading area analyses and recommend the one that you would like to set up your stall.
I have chosen the hawkers in Ang Mo Kio S11 and Chomp Chomp. The hawker at Ang Mo Kio is a walkable distance from the mrt station. Ang Mo Kio is a mutual estate; this cause the crowds to be older. The main audience of the hawkers are middle aged. The trading area at Ang Mo Kio is smaller than Chomp Chomp. The stores at Ang Mo Kio are saturated.
I have chosen Ang Mo Kio hawker for my stall as the competition is lesser than Chomp Chomp. Being new in this industry there will be more opportunities to expand at Ang Mo Kio as compared to Chomp Chomp.