Articles in the Small Business category

Running a Wholesale Shop to Make a Living

It is common to locate a couple of wholesale retailers at any given trading center inside Kampala, Uganda's outskirts. These kinds of merchants have a tendency to stand out from your retail stores that are the most since customers choose to obtain goods in a relatively cheaper price. For those which are not actually idle, using a large amount of share, it's possible to see revenues of people going out and in of the store every few minutes. They'll proceed in empty-handed for the males, using a bag for that girls, and emerge with the carton of washing soap, a carrier of beans, a-10 kilogram case of maize flour (posho even as we call it below), a jerry can of cooking oil, a carton of spring water, to mention but several.

There's also these merchants that have their top selling times like when youngsters are currently resuming university and are fairly chaotic or it is a festive season. Over a normal day for this type of middleman, you can see folks moving in and purchasing smaller quantities of products. It is that is why that both run as retail and wholesale to remain afloat.

On this particular time, I chose to possess a talk to Ms. Lillian Nassazi, the seller of the wholesale store in Namugongo. Now I thought it'd be good to find the complexities of owning a wholesale company out although I've recognized her for some decades being a client.

I asked her a few questions:

Tell me about yourself

My name is Lillian Nassazi. I'm a mother-of 3 kids aged between 4 and 8 years. I'm committed and I reside in a nearby.

What inspired you to start a wholesale shop?

After looking in vain for a fulltime work, I obtained with my brother in touch and discussed ways of starting a company. We then joined arms and opened this position up. Our motivation was to become employed.

What's your day-to-day regime? Does one work-in weekly just how many days,?

I wakeup at 5.00am and make my children for faculty. Following a few jobs, I leave the house and I am here by 7.00am. I work 6 days weekly, till about 9.00pm.

Perhaps you have met any troubles in this business?

A lot... Buyers neglect me, they're never satisfied, they protest, they default to put it differently they are poor individuals on credit services. There are constantly value changes which trigger shoppers to protest simply because they don't desire to accept new charges.