Recruiting in a recession
Article Abstract:
The Freshman Consultancy Ltd has been steadily growing since its birth in 1991 despite starting operations during an economic recession. The company recruits employees for suppliers of information technology and software to international financial companies. Its founder, Paul Chambers, a former director of Greenfield Human Resources, reports earnings of 250,000 pounds sterling for its first year of operation while turnover for 1992 has already exceeded that mark. Chambers used his personal savings to finance start-up operations and has chosen Quest Duthoit as its accounting firm because, like his consultancy, it also is a small company. The staff of Freshman Consultancy is composed of a consultant, an administrator, a researcher and a secretary.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1992
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Offers you should sometimes refuse
Article Abstract:
Chartered accountants being contacted by a headhunter should be wary because the job being offered may be a phantom position being used to elicit information about candidates for the headhunting firm's database. There are three types of executive recruiters: recruitment agencies, which place advertisements for job availability; selection consultants, who work for both firms and job candidates and find job candidates through their data bases and advertisements; and headhunting or executive search firms, which seek candidates for senior management positions. When approached by a headhunter, job candidates should determine whether the headhunter is offering a serious job opportunity by getting as much information about the job as possible.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1991
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A prescription for success
Article Abstract:
Simon Garnham and his father, physician John Garnham, in 1987, started up Barbican Medical, which provides executive health screening, pre-employment medical examinations, and a broad range of medical services. Corporate customers include insurance brokers and financial institutions. Barbican has been successful, but to provide more capital, the Garnhams undertook a reverse takeover of Chiltern International Ltd, a pharmaceutical testing company owned by the Garnhams. The takeover provided Barbican with capital from cash-rich Chiltern and allowed Barbican's stockholders to continue to enjoy tax relief.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1991
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