The mom and pop stores have always been around. Somehow, they were always able to survive. And yet, they have also failed. It was never entirely their fault. There were always socio-economic circumstances not of their making that they had to counter. In many instances, the downward spiral of economic climates was just so severe, that no small business could survive. This now may sound very bleak.
You could just say, however, that it has been a taster for better things to come. And yet still, do go back to those old mom and pop stores and see just how much you could have learned from them about resilience and survival instincts and the disciplined handling of all the store’s finances. And if there are any moms and pops around today who have survived to tell their stories on behalf of others, they might be wondering nostalgically why they could never have it as good as you can today.
But there you go. You are in a good space right now if you need to get into business for yourself. You could be in a better space if you take up any one of the many franchise opportunities being advertised today. This is good for those of you who could never, or never needed to, emulate the fine example of those old mom and pop stores. The prospects remain good that you will have a better survival rate.
Because having never run your own business before, you will be taught how from start to finish. You will also receive strong support all the way through on the daily running of your business. but do you have the stomach for the fight? Are your credentials in good order? Perhaps now is a good time to check.