Why are some small business owners successful in the wholesaling industry?
A) A wholesaling business does not require a large capital investment.
B) Small businesses have access to more technology.
C) Wholesaling businesses serve more customers than retail businesses.
D) Small business owners are able to develop personal working relationships with their buyers.
E) All of these choices

Question

Quizplus · Accepted Answer

Small business owners in the wholesaling industry are able to develop personal working relationships with their buyers, which helps in establishing trust and loyalty. This personal touch and attention to customer service can result in repeat business and positive referrals. Additionally, small businesses are often more nimble and able to adapt quickly to changes in the market, allowing them to stay competitive. The other options listed are not necessarily true for all small businesses in the wholesaling industry.

Why Are Some Small Business Owners Successful in the Wholesaling