Many businesses are resellers of manufactured goods. The business model involves marking up the price of the product beyond what it costs to acquire it from the manufacturer, to sell it at a profit.

As a business owner, you are always on the hunt for ways to attract more customers who will remain loyal buyers for many years. But there are different strategies you can implement to achieve this ...

In our last article, we looked at the advantages of trying to obtain trade discounts, also sometimes known as early payment discounts. Let’s now turn that question around: Should your business be ...

Taking advantage of trade discounts on product is not only a perk of being an interior designer, but it can also be core to your firm’s success. Although you can always shop at retailers, establishing ...

A trade discount represents the reduction in cost of goods or services sold in the business environment. Trade discounts can help small businesses save money when purchasing goods or services from ...