But Not the Same Man.

Otago Witness, Issue 2173, 17 October 1895, Page 49

But Not the Same Man.

A very noticeable ft ature in London is that there are so many ehups opened b> presumably the same man, who has a place of businpss in every corutr of the tattropoli-, some i«uch individuals having as many as 50 shops or more. But though the nama and the arrangement of the shop are similar ia all, it sometimes happtm that each establishment lift* a separate owuer quite distinct from, and having no connection with, tho other. Tho explanation h simple. It has for soina time past been tin pmo'ica with certain succ<!»sful tradesmen, who have made reputations in their own particular branches, to open one shop after auothyr, not with a view to retaining them, but rather to tell them as Boon as they have worked up a laic imasura of connection, relying on their nv.in-iS to do this quickly and fatisiactorily. They usually hare no difficulty iv Quding iudividuaU who aro willing to pay a substantial price for the goodwill, as well as a considerable extra amouiit foe i>o;m:s&iozi to rvfciin tho original name. A good profit; is m&do on each transaction, after which the process is again repeated. Tho original heftd of the firm, besides flbd ng this arrangement vory piofltabla, is relieved of much responsibility and anxiHy, to Bay nothing of the woik onl ailed by the Buperiu'ci.deucy of flo many establishments.