![]() Typically, these small businesses would be run by a single individual. Shoemakers or Cobblers: Also known as cordwainers, these skilled craftsmen were the sole source of shoes in a medieval town (get it?).Potters: Potters produced the clay, porcelain, and ceramic-like pots needed for cooking and storage.Physicians often charged steep prices for their services (which is why many poorer peasants went to the apothecary for treatment instead). In medieval times, they functioned more like small businessmen than as employees of a public or private healthcare system. Physician: Physicians, just like today, were a highly-regarded profession.Medieval castles were often highly colorful and painters could spend years – even decades – decorating a single church or castle. Artists and Painters: Castles would often enlist the help of artists and painters, many of whom worked on a freelance basis.These small businessmen lent money and would form the foundation for the modern banking systems of the future. ![]() Moneylenders: Moneylenders were the cornerstone of the medieval banking system.Fletcher: Fletchers crafted and manufactured bows and sold flights of arrows.A good carpenter was considered an elite craftsman. They built household goods like furniture and roofing as well as military goods like siege engines. Carpenter: Carpenters played a diverse range of roles throughout medieval cities.Understandably, the people who made candles were considered important people in towns around the world. Candlemaker: Before electricity, oil lanterns, and other lights, candles were the only way to work or live at night.Bottler: Bottlers stored and dispensed wines and other bottled goods.Nevertheless, blacksmiths were still considered to be a lowly profession. Blacksmith: Blacksmiths forged weapons, sharpened weapons, and repaired armor, making them one of the most important jobs in the town. ![]() Baker: Bread was a daily staple of medieval life.They were early pharmacies and were often the only place where sick, poor people could turn for medical advice. Apothecary: An apothecary dispensed herbal remedies collected from nearby areas or purchased from abroad.Armorer: During this period, armor would be customized to fit each wearer, which made armorers some of the most important craftspeople of the period.Some of the most common small businesses in medieval times included: Types of Small Businesses in Medieval Times Put simply, the vast majority of people in Roman times, the Middle Ages, and the Medieval Period were in business for themselves. Market owners were running a business by renting out stalls to merchants. Merchants were running a small business buying grains from farmers and flipping it for a profit at markets. If you go back over 500 years, then you’ll realize that virtually everybody was running a “small business” of some form or another.įarmers, for example, were running a small business selling grain to merchants in the cities. Small Businesses in Roman Times, the Middle Ages, and the Medieval Period The next multibillion dollar corporation could be that small business just down the street in your small town.īut where did small businesses come from? What’s the history of small business? And what does the future hold for entrepreneurs? Let’s find out. GDP is generated by small businesses across the country. Walmart was originally a store called Walton’s 5 & 10 in the town of Bentonville, Arkansas (population 2,900 at the time). ![]() McDonald’s, for example, started out as a single hamburger stand in San Bernardino, California. Today, some of the world’s largest corporations started out as small businesses. Small businesses provide the fuel for the engine of modern economies.
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