A Little History
The merchant guilds organized for mutual protection of their horses, wagons, and
goods when traveling, and would often found towns by obtaining a charter.
They functioned similar to today’s unions in their duty toward members and like
the better business bureau in their quality control function. For example:
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The guild regulated all prices.
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Advertising was not allowed so
regulate competition between members could be controlled.
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To preserve its economy a guild would
not allow the sale of items made by craftsmen of other communities within the
city it controlled.
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Workmanship
had to be examined by a board of the guild and given approval.
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Information
about the industry were highly guarded. If a worker who possessed any
essential trade secrets and fled to a foreign territory, he was tracked down
and killed so he couldn't divulge the information.
One may laugh at some of these regulations, but many are just glad they don’t
apply today!
No
member was ever allowed to corner the market by purchasing a large supply of a
product or commodity so as to be able to fix the price.
The Merchant's Guild
also controlled financial and Banking transactions such as lending. Borrowing
should be done with caution!
Our Merchant's Guild is not that stringent.
Now-a-days you don’t need to be a master of your trade to start your own business, so
maybe you want to look around at some of the choices.
Choose your Path
- Home Business Opportunities
Here, you will find several business opportunities.
Our Services page also provides information on a few free or inexpensive
methods of marketing including advertising
sites to promote any business you may have or are inclined to try.
- Shopping
If you are not interested in the business end you
will find excellent products for your own needs. Explore the
Castle Market.
