A nation of shopkeepers hits the web

Article Abstract:

Many Australians are using the Internet to set up World Wide Web small business sites as a secondary means of employment to supplement their income. Many online ventures will fail, and few will allow their part-time operators to quit their prime employment. Christine Jones set up The Jones Shop, which sells Jones-labelled clothing to others named Jones. Her site attracts 500 visitors a week. Some Internet business operators, however, have quit their day jobs. Jardine and Huy Truong and Cathy Sonnemann operate their gift-services web site full time and expect sales of $2 million.

Statistical Data Included, Usage, Internet, Practice, Web sites (World Wide Web), Web sites, Electronic commerce, E-commerce, Supplementary employment, Jones, Christine, Truong, Huy, Truong, Jardine, Sonnemann, Cathy

---

Business growing on shrinkage

Article Abstract:

Colin McLaren and Tony Ross, former police officers, started Corporate Investigative Services (CIC) to investigate internal company theft and fraud. McLaren claims 75% of inventory shrinkage is because of internal theft. CIC not only investigates the incident but introduces preventive measures and education after the theft. CIC's turnover for 1998-1999 was $500,000 and is expected to be around $1 million for the following financial year.

Detective & armored car services, Private Investigation Services, Investigation Services, Investigations, Services industry, Service industries, Employee crimes, Private investigators, Inventory shrinkage, Inventory shortages, McLaren, Colin, Ross, Tony (investigator), Corporate Investigative Consultants

---

A Scanlon reaches for the baton

Article Abstract:

Even though he will eventually take over the family business, Brady Scanlon has shown his management style to be effective in his own ventures. Since 1996, he has been managing director of Vac-Tech, an industrial services company. When Scanlon started, Vac-Tech turnover was $8 million. The forecast for 1998-99 is $40 million. Scanlon also does his own investing. In two years' time, a shop he bought returned 40%.

PETROLEUM AND COAL PRODUCTS, Energy, Utilities, Energy industries, Power resources, Energy industry, Family-owned businesses, Family corporations, Scanlon, Barry, Vac-Tech

Similar abstracts:

• Abstracts: Johnson & Johnson to buy medical device maker. Medpartners plans to divest itself of the business of physician practice management
• Abstracts: Goldman keeps it private even in going public. Goldman, with new card, plans a summer dance
• Abstracts: AMR plans to auction three of its units to focus on American Airlines business. Atlas Air to unveil agreement to fly planes for FedEx
• Abstracts: Consumer ethics: an investigation of the ethical benefits of the final consumer. Management of conflict using individual power sources: a retailer's perspective
• Abstracts: Accountants offer web sites their seal of approval. Smarter than the average card. New players will liven up mobiles

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.