A career in venture capital
Article Abstract:
The venture capital industry offers lucrative opportunities for chartered accountants who wish to work in this highly competitive sector. Since most venture capital companies seek individuals who have a track record of dealing with high pressure situations, accountants seeking positions in the industry need to have excellent academic records, as well as first-time passes in their qualifying exams. Graduates who have held management posts and possess graduate degrees in business management also have an advantage. Remuneration for chartered accountants in the venture capital industry is high, with newly-qualifieds starting out with salaries ranging from 28,000 to 35,000 pounds sterling. The rewards system is often linked to performance and accountants who prove themselves adept at portfolio management are often rewarded with significant bonuses.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1992
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The science of success
Article Abstract:
Chemical analysis company Voelcker Science has been operating successfully since 1863. Originally established by Dr. Augustus Voelcker as an agricultural science operation, the company has since expanded into other fields of expertise and is now called upon to examine and develop all kinds of substances. Voelcker's current services are divided into food analysis and environmental analysis. The food end of the business involves quality checks on a wide variety of consumable goods, such as prepared foods and water. The company's environmental consultancy business involves detecting contamination in properties, food and water. Managing director Robin Voelcker, a great-grandson of the founder, plans to increase the company's client base and to extend company ownership beyond family members.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1995
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Sweet recipe for spreading success
Article Abstract:
Thorntons PLC, a confectionary manufacturer, is a family-owned concern. The economic downturn in the UK has not hurt the company's sales since the confectionary business is recession-proof: people will put off major purchases during a recession, but everyone can afford candy. Thorntons went public in 1987 when the family of founder John Thornton sold 30% of its stake. Finance Dir Alan Goodwin states that there were two reasons for the flotation: to raise capital for acquisitions, and to allow the family to realize a return on its investment. The firm has made acquisitions in France and Belgium as part of a strategy of expanding business into Europe.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1990
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