In our line of work we often get requests like, “I need an inventory management system for our tools.” Or “I need to track our inventory of laptops and...
As a small business owner of a wholesale or distribution business, there are so many metrics that you can apply to your business to assess your relative performance. Aside...
Many apps ago — a time where we could only dream of a mobile Internet and where phones were used strictly for phone calls, SMS and the occasional Snake...
Wholesalers and distributors occupy a special place in the market for goods and products. You could even say it’s an almost enviable position. You buy goods directly from manufacturers...
How Do You Get Your First Sale in 30 Days? Congratulations! So you started a wholesaling or distribution business after reading our guide about how to start a distribution...
You Might Be Committing These Mistakes Today! As an owner of a wholesale or distribution business, you’re doing everything possible to maintain your razor thin margins but — surprise,...
Calculating the Cost of Goods Sold (COGS) can be done in many different ways, but two of the most popular inventory costing methods are FIFO and Average Costing. Both...
Estimated 95% of product wholesale & trading company globally are using spreadsheets, hard copy paperwork & memory (yes, memory) to manage their orders, inventory & billings. This process is...
Wholesale forums are a great way to buyer and seller interaction, without any intervention of unwanted parties. These forums mean strict business and nothing else. It makes the process...
Business is tough as nails. There are often 10 times more reasons why a business should fail than why it should survive and thrive. From my experience running a...