Question

describe how a wholesale business work
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Answer 1

Answer:

Wholesale means that a business buys goods in large quantities directly from manufacturers or distributors, warehouses them, and resells them to other businesses. Due to high-volume purchase orders, those in wholesale are typically able to buy products at a lower price and add their margins.

Answer 2

Put simply, as the owner of a wholesale distributorship, you will be buying goods to sell at a profit, much like a retailer would. The only difference is that you'll be working in a business-to-business realm by selling to retail companies and other wholesale firms like your own, and not to the buying public.