I think as time goes on more and more small independently owned shops will close and larger and more centralized shops will be more prevalent. The necessary cost increases will of course then drive the cost of consumer products higher.
As more and more industries adopt more and more standards, certifications and, government controls, more small shops will be forced out of the market. As more and more industries and business bend under insurance demands, more and more small businesses will be forced out of the market. As more and more cities/townships/counties crack down on “home businesses” and small businesses, those small shops will be forced out of the market. As more and more businesses adopt absurd policies that require lawyers to navigate, more and more small businesses will be forced out of the market.
The simple fact is, people can whine, complain, bemoan, decry, the lack of “entry” into the market, yet continue to support the policies that create the very problems they decry. Both of my grandfathers owned their own businesses, neither would be legal or permitted for a myriad of reasons today. One of my grandfathers had 12 full time tool makers working for him at the peak of business. They produced tooling for Parker, Flagler, Deere, CAT, components for NASA, the Defense Department and countless others. If you had the same shop, the same skills and abilities, you couldn’t do the same work today without a plethora of certifications, licenses and government permissions.
As more and more industries adopt more and more standards, certifications and, government controls, more small shops will be forced out of the market. As more and more industries and business bend under insurance demands, more and more small businesses will be forced out of the market. As more and more cities/townships/counties crack down on “home businesses” and small businesses, those small shops will be forced out of the market. As more and more businesses adopt absurd policies that require lawyers to navigate, more and more small businesses will be forced out of the market.
The simple fact is, people can whine, complain, bemoan, decry, the lack of “entry” into the market, yet continue to support the policies that create the very problems they decry. Both of my grandfathers owned their own businesses, neither would be legal or permitted for a myriad of reasons today. One of my grandfathers had 12 full time tool makers working for him at the peak of business. They produced tooling for Parker, Flagler, Deere, CAT, components for NASA, the Defense Department and countless others. If you had the same shop, the same skills and abilities, you couldn’t do the same work today without a plethora of certifications, licenses and government permissions.