When we set out in the job market, it can seem as if we have unlimited prospects ahead of us. However, for some, the potential for growth that we get by working a simple job just isn’t enough. The potential for growth that we have with running our own business is unmatched. If you’re looking to break out of the regular mold of just being in a 9-5 job and want to do something more, a retailing and distribution business may the answer. Running a business doesn’t always have to be about coming up with innovative ideas. Retailers and distributors fill in the spaces between manufacturers and consumers and sell certain kinds of products to consumers. Here’s why starting your own retailing and distribution business can be your big break.
GOOD CHANCES OF SUCCESS
One of the biggest reasons why people shy away from starting their independent venture is that they are afraid of failure. After all, starting a business normally requires not just a lot of money but a lot of creativity as well, so that we can set ourselves apart in an increasingly saturated business world. With retailing and distribution business, however, you don’t have to spend time planning creative strategies. Retailing and distribution businesses are essential in our world today. Without distributors and retailers, it would be incredibly difficult for most products to make their way down the supply chain. Retailing and distribution business is therefore bound to succeed as it is an integral part of the supply chain.
LOW INVESTMENTS, GREATER REWARDS
You’ll be surprised to know that most retailing and distribution businesses can even be started as home-based. In this line of work, you don’t need a retail store or a manufacturing plant. The question of needing warehouse space also depends on the type of product you choose to supply. Even if warehouse space is needed, the cost can be extremely low compared to what we would need to spend to rent out a store.
BETTER WORKING CONDITIONS
Slaving away in an office can be one of the most off-putting things about any regular job. When running retailing and distribution businesses, however, we have a great deal of flexibility in our work schedule. We can choose how busy our workweek is, and much of the work can be done at home. This won’t just make it easier to run the business, but also more satisfying.
WHICH ONE TO CHOOSE BETWEEN DISTRIBUTION AND RETAILING?
Distribution is a better option for retailing as we don’t have to worry about selling a product that stands out. Nor do we have to worry about building valuable relations with every client. All we need to ensure is that the products we supply are of good quality so that manufacturers and retailers keep giving us contracts. Additionally, distributors don’t need a huge clientele. Rather, the business can be dependent on a few, high-quality contracts that can sustain our growth. This is a great contrast to retailing, which requires a lot of differentiation and investment.
To conclude, starting a distribution or retailing business is up to your choice, both of them can be ideal for anyone looking for extra income and wanting to grow at their own pace. It can be fairly easy to run and has the potential to not just offer great independence, but also the opportunity for growth.
Here in this book, we provide 107 retailing and distribution business ideas for your references. Choose a niche that you are interested, then turn it into a profitable and sustainable business.