Hi
I know there's much more to micro and macro economics than I know about. There's various theories etc.
Monopolies aren't just 'created' and 'thought up'.
What 'monopolies' do you mean?
a 'Manufacturer' can be the same or different to a 'brand'. Some manufacturers have different 'brands' to cater for different markets and consumers.
It'd take a VERY brave company or independant to open up a shop nowadays. Of course, where it's geographically worthwhile and stock/products can be obtained cheaply enough for which there is a sustainable demand - then those small independant shops may well have a future. Put simply, the 'Cost' of running a business in the UK is astronomical when you start to want premises etc. Much as theres an element of consumers - of which there's many posters here on UKY in support of small independant shops, the challenge I mention to them is to look at the rest of the business costs and then look at why there's less and less of them. Again, it's not 'just' the big supermarkets fault, but with many other aspects and elements. Commercial Property pricing is even more insane than housing, business costs and red tape swamp the small business owner and on top of all that, the UK's business laws are heavily in favour of the consumer rather than the business person/owner. Pubs, small independent shops, specialist retailers are all going under because of the Costs to run their businesses, demand, give or take depending on industry is still there. Those with 'some' money to invest in a business are going down the route of a franchise, like Spar, Costcutters etc.
I had a good talk with someone within the industry I'm in, and he thinks theres a good opportunity he's spotted for a vehicle MOT station near to him. He's put off by the investment of having to purchase £250,000 worth of equipment he must have in place in order to be granted permission to open as a MOT centre. The space needed is coming in at around £3000 month to rent. He's then got to pay employees, cover all that admin, mandatory costs for running the premises etc. Expected monthly costs are perhaps £6000-7500 and then on top of that, he has to make a profit in order to live off. He calculated that by being 2 cars down per day he'd be making a loss.
Sure there's businesses that are doing well and I believe the figures are 80% of all UK commercial enterprise is classed as small businesses, but in most of the 'usual' industries and especially those that are often spoken about on this forum, its absolutely terrible out there.
Cheers, Dennis!