Retail and wholesale are one of the most popular choice for business in Europe. The variety of goods you can sale in retail or wholesale is virtually unlimited. But do you know the difference between the business activities?
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What is retail and what is wholesale?
Retail involves the sale of goods or services directly to the end user. It can also involve a variety of products and can occur through numerous distribution channels. It can occur in department stores, online stores, discount stores. The sale in a retail store involves the end buyer. Retailers can also act as middlemen between wholesale companies and consumers. Typically, retailers also sell small quantities of goods.
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In comparison to retail, wholesalers sell products to businesses or other outlets, who are not end users. They sell products in bulk at a low price. While whole sellers partake more in business to business (B2B) transactions, retailers tend to stick to business to customer (B2C) transactions. With retailers the competition is much higher and they tend to focus more on their customers service. Wholesalers usually focus on selling a limited number of different items, while retailers usually sell a wider variety of items.
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In order to start any trade business in Slovenia, you would need to register a company first
The first step to start your retail and wholesale business in Slovenia is to register a company here. Non-EU citizens can register an LTD company in Slovenia with 7500€ share capital. If you are expanding your existing business you can also register a daughter company or a branch office in Slovenia. Do not miss the unique opportunity to learn about company registration and business immigration to Slovenia. DATA can offer you full support in the consultation and the company registration. Also, you can contact us for more information. Send us an email to data@data.si. You can also call us on +386 1 6006 270, Viber/Whatsapp +386 40 530 718 or skype data.business7.
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