Article Abstract:
The entrepreneurial journey of Melbourne entrepreneur Angel Philip Weiman is illustrated. Weiman made his money by building strong foundations to several businesses in the 1980s and 1990s, including HiSoft Computers, which grew to $225 million in revenue by 1989 when he and his partners sold out and CTS Travel.
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Article Abstract:
Owners of family businesses are starting to court larger companies in their industries in the hope of a trade-sale. In 1997, 42 percent of families running a private family business planned to sell within 10 years and nearly 60 percent of family businesses chief executives wanted to retire within that time.
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Article Abstract:
The reasons for the downfall of truck companies in Australia, such as increasing fuel rates, long distance travel, competition from railways, severe competition among truck operators etc., have been described.
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