J
Jack Hollis
Guest
On Mon, 21 Aug 2006 21:41:51 GMT, "steve" <[email protected]> wrote:
>6. Get Govt to regulate your competition to thier disadvantage.
Capitalism thrives on competition. It's difficult for small
businesses to compete with a big company that does the same thing. But
this is how the system is supposed to operate. You have to compete or
perish. The things you have to watch out for are monopolies and
cartels. This is nothing new, Wal-Mart is just the latest in a long
history of large retail operations threatening small businesses. In
the 1950s, it was Woolworth and Kresge. But they moved into town
instead of to the mall outside of town. Same thing with the big
drugstore chains. They took over years ago. A few independent still
survive if they can find a niche or offer something that the big
stores wont. Many times, the small business that Wal-Mart kills is a
smaller chain store.
>6. Get Govt to regulate your competition to thier disadvantage.
Capitalism thrives on competition. It's difficult for small
businesses to compete with a big company that does the same thing. But
this is how the system is supposed to operate. You have to compete or
perish. The things you have to watch out for are monopolies and
cartels. This is nothing new, Wal-Mart is just the latest in a long
history of large retail operations threatening small businesses. In
the 1950s, it was Woolworth and Kresge. But they moved into town
instead of to the mall outside of town. Same thing with the big
drugstore chains. They took over years ago. A few independent still
survive if they can find a niche or offer something that the big
stores wont. Many times, the small business that Wal-Mart kills is a
smaller chain store.