If you want to run a successful wholesale distribution business, here are some things you should know.

Like most businesses, starting a wholesale distribution business has its ups and downs. The first two years of your wholesale distributorship’s existence will be the “learning” years, when you experience the ups and downs of being a new business owner in a new industry. The good news is there are plenty of successful wholesale distributers…

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Changes and growth are coming to the whole sale and distribution industry.

Many in the wholesale and distribution industry are seeing change in the future as disruption causes a difference in how business is done.   The industry is in a state of change and gone are the days when a customer would call customer service and spend significant time on the phone trying to figure out what part…

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With the economy strong and amid a capacity squeeze, trucking companies are raising prices.

With the U.S. economy showing no signs of weakening, trucking companies are pushing retailers and manufacturers to pay more and adding to inflation pressures in supply chains.   The latest reports from major trucking companies suggest gains are being driven by tight capacity that is pushing shippers to pay more to move goods, even as volume indicates the…

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Here are some easy ways to improve the cash flow for your startup business.

Keeping your cash flow in check is one of the most important things you can do to keep your new business going. You must always have enough money to pay the bills and keep your supplies coming in. There are some common mistakes that new business owners make which can have a negative impact on their…

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E-commerce is driving a growing need for more warehouse space.

E-commerce created by retail giants like Amazon and others has been driving growth in many sectors that support it. Now the huge amount of business being done on line is starting to have an impact on the amount of warehouse space that is needed across the country.  Recently, a trend has been developing in the…

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The number of electric cars is growing, and now here come the electric trucks.

We are seeing the rise of the electric car in our roads today. With prices coming down slowly and battery charge time increasing, electric cars are looking a lot more attractive to more people. There are also states like California that are looking to get rid of all electric cars in a few decades. With all…

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It’s good to have accounts receivable, but it’s better to have cash.

If you run a business, it’s always good to have accounts receivable. Accounts receivable means people owe you and there’s money in the pipeline. But while it’s better to have people owing you than it being the other way around, accounts receivable amounts to money that you can’t really use. Accounts receivable is future money…

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Things are changing for truckers as more companies feel the crunch of less availability and more demand.

The ongoing shortage of drivers in the trucking industry is beginning to have an impact on the way some companies do business with them. In the past, customers used reliability scorecards to reject some truckers and keep others waiting for hours. Well now, thanks to surging freight demand and a shortage of drivers, the tables have started to turn.   Now,…

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Tolls for trucks may soon get a 35 percent increase in Indiana.

There are many factors that can affect profits for the trucking industry. Everything from fuel costs to maintenance expenditures can make a huge difference to the bottom line for trucking companies. So, when new tolls are announced it is not taken lightly.   Now for truck drivers who use I-90 and combined I-80 in Indiana, a route commonly referred to as…

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The food and beverage industry has seen some interesting changes lately.

As time and the economy change, so do people’s behaviors and expectations. What was once acceptable and considered the norm, may no longer be living up to expectations. Nowhere is this more evident than in the food and beverage industry.  Today’s consumers aren’t satisfied with a simple meal anymore. Americans now spend more money on dinning out than they…

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