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Alcantara, Aaron Jolo Ent-Elect 4

The document is from Laguna University and discusses starting a wholesale and retail sales business. It provides the following information: 1) Wholesaling involves buying goods in bulk from manufacturers at discounted prices and selling them to retailers at higher prices. Retailers then repackage and resell the goods to consumers at even higher prices. 2) A chart is shown outlining the process for starting a wholesale business, providing a guide for creating or starting a new business. 3) Operating a retail store involves selling merchandise directly to consumers. Guidance is provided on the business formation steps needed to launch a retail business successfully.

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Aaron Jolo Alcantara
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48 views3 pages

Alcantara, Aaron Jolo Ent-Elect 4

The document is from Laguna University and discusses starting a wholesale and retail sales business. It provides the following information: 1) Wholesaling involves buying goods in bulk from manufacturers at discounted prices and selling them to retailers at higher prices. Retailers then repackage and resell the goods to consumers at even higher prices. 2) A chart is shown outlining the process for starting a wholesale business, providing a guide for creating or starting a new business. 3) Operating a retail store involves selling merchandise directly to consumers. Guidance is provided on the business formation steps needed to launch a retail business successfully.

Uploaded by

Aaron Jolo Alcantara
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Laguna University

Bubukal Sta. Cruz Laguna

Wholesale and Retail sales


Management

Submitted by: Alcantara, Aaron Jolo D.

Submitted to: Virgilio G. Bulatao


Assessment 2

 Illustrate through a diagram or a workflow chart, the steps on how to set up a whole sales
and retail store.
 Be sure to interpret you illustrate

Wholesale Business

Before you let your mind unite an entire wholesale business plan, it’s important to
understand its essence. What is wholesale business?

Wholesaling is the act of buying goods in bulk from a manufacturer at a discounted price
and selling to a retailer for a higher price, for them to repackage and in turn resell in smaller
quantities at an even higher price to consumers. ... The retailer sells at a price that reflects the
overall cost of doing business

In this chart show what is the pattern to start a wholesaler business and also this is your guide to
create or start new business.
Retail Store

Retail store a place of business usually owned and operated by a retailer but sometimes
owned and operated by a manufacturer or by someone other than a retailer in which merchandise
is sold primarily to ultimate consumers .We hope we’ve provided you with some guidance about
how to start a retail business. As you navigate the business formation steps, be careful not to lose
sight of why you’re opening your retail business in the first place. If you remember the passion
that inspired you to launch your business, you might even enjoy the finer points involved in the
process. This only the guide to know and to follow to maintain your business in line and you also
create a customer loyal/relationship. At the start is very hard but couple of days or months your
business will blow up and growth.

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