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Think about the reduction in what would be owner operated small businesses like shops and restaurants - go to almost any town (not city) in America and half or
by taurath 10y ago
Think about the reduction in what would be owner operated small businesses like shops and restaurants - go to almost any town (not city) in America and half or more of the commercial district is franchised or corporate chain stores.
- Spooky23 10y agoOther owner operated businesses struggle even outside of retail too. A friend of mine ran a 4th generation, profitable manufacturing business and ended up shutting down not because of costs or competition, but because it was increasingly difficult to get working capital when the regional financial institutions were rolled up.