License in India

Wholesale and retail trade Industry

Wholesale and retail trade Industry?

Wholesalers and retailers are in the business of re-selling goods that have been purchased from suppliers. They bring goods produced in the province, or imported from other regions and countries, to the marketplace where they can be purchased by consumers.

Domestic trade, different from international trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail. Wholesale trade is concerned with buying goods from manufacturers or dealers or producers in large quantities and selling them in smaller quantities to others who may be retailers or even consumers . Wholesale trade is undertaken by wholesale merchants or wholesale commission agents.

Retail trade is concerned with the sale of goods in small quantities to consumers. This type of trade is taken care of by retailers. In actual practice, however,manufacturers and wholesalers may also undertake retail distribution of goods to bypass the intermediary retailer, by which they earn higher profits.

Wholesale and retail trade

Sale of cars and light motor vehicles

Sale of other motor vehicles

Maintenance and repair of motor vehicles

Wholesale trade of motor vehicle parts and accessories

Retail trade of motor vehicle parts and accessories

Sale, maintenance and repair of motorcycles and related parts and accessories

Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods

Agents involved in the sale of fuels, ores, metals and industrial chemicals

Agents involved in the sale of timber and building materials

Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Agents involved in the sale of furniture, household goods, hardware and ironmongery

Wholesale of flowers and plants

Wholesale of live animals

Wholesale of hides, skins and leather

Wholesale of fruit and vegetables

Wholesale of meat and meat products

Wholesale of dairy products, eggs and edible oils and fats

Wholesale of beverages

Wholesale of tobacco products

Wholesale of sugar and chocolate and sugar confectionery

Wholesale of coffee, tea, cocoa and spices

Wholesale of other food, including fish, crustaceans and molluscs

Non-specialised wholesale of food, beverages and tobacco

Wholesale of textiles

Wholesale of electrical household appliances

Wholesale of perfume and cosmetics

Wholesale of pharmaceutical goods

Wholesale of watches and jewellery

Wholesale of computers, computer peripheral equipment and software

Wholesale of electronic and telecommunications equipment and parts

Wholesale of machine tools

Wholesale of machinery for the textile industry and of sewing and knitting machines

Wholesale of solid, liquid and gaseous fuels and related products

Wholesale of metals and metal ores

Wholesale of wood, construction materials and sanitary equipment

Wholesale of chemical products

Retail sale of meat and meat products in specialised stores

Retail sale of fish, crustaceans and molluscs in specialised stores

Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Retail sale of tobacco products in specialised stores

Retail sale of automotive fuel in specialised stores

Retail sale of telecommunications equipment in specialised stores

Retail sale of audio and video equipment in specialised stores

Retail sale of textiles in specialised stores

Retail sale of hardware, paints and glass in specialised stores

Retail sale of books in specialised stores

Retail sale of music and video recordings in specialised stores

Retail sale of sporting equipment in specialised stores

Role of Shamkris

A Project Report is a document that provides details on the overall picture of the proposed business. The project report gives an account of the project proposal to ascertain the prospects of the proposed plan/activity.

Shamkris will provide a Project report covering Industry License requirements, competitor analysis, Land requirements, machinery requirements, equipment requirements, and financial requirements.

Some of the areas covered in the project report are outlined below:

  • Introduction
  • Project Description
  • Uses and Applications
  • Market Survey
  • Raw Materials
  • Manufacturing Process
  • Process Description
  • Process Flow Diagram
  • Plant Layout
  • Details of Plant & Machinery
  • Suppliers of Raw Materials
  • Suppliers of Plant & Machinery
  • Plant Location Factors
  • Land & building Required
  • Power and Water Required
  • Details of Manpower Required
  • Financials of the Project
  • License and application Certificate

Financials of the Project includes:

  • Land and Building Costs
  • Plant and Machinery Costs
  • Other Fixed Assets
  • Fixed Capital Investment
  • Raw Material Costs
  • Salaries and Wages
  • Total Working Capital
  • Cost of Project
  • Total Capital Investment
  • Cost of Production
  • Turnover per Annum
  • Profitability Analysis
  • 5-year Profit Analysis
  • Break-even Point
  • Resources of Finance
  • Cash Flow Statement
  • Projected Balance Sheet

FAQ

When a company manufactures any products it is first sold in bulk quantity to the wholesaler, who then sells it to the retailer and further the retailer sells it to the ultimate customers. … On the other hand, a retailer targets the audience is the final consumer and only sell goods only to them.
In a wholesale model, you don’t sell products directly to consumers. Instead, you obtain products from a distributor and sell products to a third-party business, usually in bulk. … In a retailing model, you obtain products from a distributor and sell products directly to consumers.
Wholesale trade consists of purchasingand selling goods, generally to retailers, professional (industrial or commercial) users or authorities, or to other wholesalers or intermediaries, regardless of the quantities sold.
We have listed the 10 best wholesale business ideas to start:
  • Agrochemical Business. …
  • Furniture Wholesale Business. …
  • Organic Food Wholesale Business. …
  • Ayurveda Products Wholesale Business. …
  • Stationary Wholesale Business. …
  • Children’s Toys Wholesale Business. …
  • Kitchen Utensils Wholesale Business. …
  • Snacks Distribution Wholesale Business.