It is going to be much more difficult for a competitor to enter a business which requires hundreds of millions of dollars in startup capital than it is for a retailer, which can be opened for a minuscule fraction of the cost (e.g., there are very few entities in the world that could start an airplane manufacturer to go head - to - head with Airbus or Boeing, but you and your friends could probably gather the capital necessary to lease
a space at the local mall and start your own business).
Whether it's backing into a parking
space at the local mall or a head - on spot at the community supermarket, when it comes to parking, the most challenging of these maneuvers is parallel parking, the monster of the parking world.