A merchandising business is one that purchases goods or products and sells them to its customers. A merchandising business acts as a market bringing together products and customers. A merchandising business can have a physical store location or an online location or both. Customers exchange money for the benefit (or perceived benefit) they receive from the products. Examples of merchandising businesses are:
- Walmart
- Ebay
- Lowe’s
- Target
- Amazon
- Grocery stores
To learn more about how financial statements for a merchandising business work, watch this video:
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