SEASONAL INDUSTRY

Seasonal Industry is a subset of companies whose majority of profit comes from only a specific time of the year. This is because the nature of the business caters to only a specific time of the year due to seasons, weather, customs, holidays, and tradition. If the business is not in its season of profit, the company usually generates little to no income at all. These business must therefore perform exceptionally well in the season that they are needed to keep the company afloat for the rest of the year or the off-season.