As Lawrie White once remarked, unless your circumstances are unusual – like owning the premises outright and having a monopoly of the trade in a pretty big city – then there's no decent living to be made from the model trade. If there was then we'd all be doing it!
Dave M
I'm not sure that the model trade per se is shrinking – there are more manufacturers of radio control kit than there used to be in the 1960s – and certainly some Chinese are doing well out of it, but both the retail and manufacturing businesses are changing fundamentally, and the old system of high-street shops and labour-intensive manufacture is, I think, starting to disappear. We are looking at a social change similar to the arrival of the train, the motor-car or television.
Just as happened with those changes, some jobs and skills will be lost, and others will grow in their place. Established industries will fight a rear-guard action against the change, and then finally give in to it. Do you remember the ITV TV strike in 1961-62?