Wholesale Trade

Wholesale trade involves purchasing goods in large quantities from manufacturers or distributors and then selling them to retailers or other businesses, rather than directly to consumers. For small business entrepreneurs, engaging in wholesale can provide opportunities to buy products at reduced prices, allowing for higher profit margins when resold. This model can also minimize inventory risk, as businesses can order stock based on demand. Additionally, wholesaling can help establish relationships with suppliers and enhance market reach by allowing small businesses to cater to larger customer bases or niche markets.