The Rumor Has It …

I was checking out  eczematreatment.org when a customer walked in and told us that some business was going bankrupt and having a liquidation sale.  Yes ! another business in this small lil’ town is closing !  who?  a competition.  Many had come in and said – ohhh! it must be good for your business !  but what they don’t understand is – how it will impact the economy of this town.

I’m sure they don’t mean anything bad – but you can also see they don’t look at the big picture.  As a resident of this town and a small business owner – having competition/s is healthy – because it keeps the prices competitive for the consumers.   It is also important to have lot of various businesses in this town for this town to flourish – it’s not all about one or two business – it’s about everyone.  Now that one business is closed – that means more unemployed and more who needs to be careful with spending – so if they have no jobs – meaning they are going to spend less and the tax payer will be tax even more.  Vicious cycle eh.

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