As a trader, you are an entrepreneur who purchases new or existing goods with the intention of reselling them with a profit margin. The merchant profession is one of the oldest professions in the world and is found in all industries. Over the years, however, the market in which traders operate has changed considerably. It is no longer just about the buying and selling of bulk and remaining stock. Nowadays, many products are also produced directly for traders. At the same time, this means that you increasingly have to deal with providing the correct food information in accordance with laws and regulations.

Risks for traders

As a trader, it is therefore essential that you know what your customer’s wants and needs are in order to sell your products in the best possible way. There is generally a lot of money to be made with trading, however, the trader profession can also be classified as a risky profession. Sooner or later, you may face setbacks. Consider the risk that you will be stuck with trades or that you will not be able to dispose of the trades at the expected price. Both very real risks. So a quick turnaround is “key”!