Monopolies versus Open Markets

Here, I will be speaking in a broader scope, versus using the definition of economic speak.

There is such actually positive value in companies having some element of competition, such as in 24 hour restaurant establishments where there is not just one for lower priced items and one for higher end food and service. There are many reasons for having access to restaurants establishments open 24/7. Reasons include a place to produce not in a home environment for a range of possible reasons for an individual, include one’s travel schedule particularly when staying in an Airbnb for example. Sometimes a person just needs a different place to work to keep the project more energizing. Projects would be ones that do not require excess space or being in an extra quiet environment. There are others who find the night hours a great time for doing creative projects which are personal or for professional reasons.

The level of staff required may vary due to the location of the restaurant. Being in safe neighborhoods versus one known for crime and violence would make sense. At times when an industry is meeting a population or environment need, some companies may take advantage of being the only one available to the public. Not always are there minimalists who just provide on the border of being inhospitable. The treatment can certainly impact how a company is viewed for the longer term and may change the value the customer has for the products and services a restaurant offers at early morning hours of a day.

Being in a larger city, there are individuals who would more likely want to find a place to go to for at least 2-3 hours in the middle of the night or early morning. More often than not, there are workaholics, and/or individuals with lots of responsibilities for whatever reason. There can be a myriad of factors, such as just needing space and time not near other projects needing to be addressed.

Clearly, during the hours where a restaurant may not be close to capacity, having lighter fare for those who have gluten intolerances, a vegan or vegetarian diet, to dairy intolerance, would be helpful. The key is the items that are good staples. The menu can be a reliable source for alternative dietary needs other than one particular focus or style. The customers can enjoy having what they need and the company is not burdened or overstrained with preparation time and maintenance.

Thanks for reading! Until next time.