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Why I think wholesale business is better than retail business
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[QUOTE="Ithedicious, post: 233136, member: 73248"] I agree with you , a wholesale business is very much profitable if we are to compare it with a retailing business , the reason is because wholesale business you can actually buys products in large quantities and sometimes you can even sell the large quantities at once within a short period of time and you recover your little profit or huge profit there and then, And you move on to another wholesaling business. In the retailing business , a retailer will only be able to buy this product in smaller quantities and retails it to people who are the end users. Well I believe both of them has their own advantage and disadvantage . In the case of wholesaling business it will require you to have a huge capital to start and you also needs to have a warehouse to store this product. Sometimes if you don't deal with high demanding products you might even be at risk of losing a huge sum of money if the products are perishable and you can't sell it on time. Even if it may be profitable , we have to consider so many things before engaging in this business as it can be risky sometimes . [/QUOTE]
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Why I think wholesale business is better than retail business
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