Business Profile

275 Words2 Pages

Business Profile
Type of business:
I am starting a merchandise business in the form of a grocery store. This type of business purchases merchandises at wholesale price and sells the same at retail price. They are known as "buy and sell" businesses. They collect profit by selling the products at prices greater than their purchase costs.
Products/services provided by the business:
Grocery stores often sell a variety of foodstuff that is encased in bottles, boxes, and cans. Some also include fresh produce, delis, bakeries, and butchers. Big grocery stores that retail substantial quantities of non-food goods, including everyday objects and clothing, are termed supermarkets. Certain big supermarkets also consist of an electronics section, pharmacy,

Open Document