A lucrative diversion

Article Abstract:

Lowe Lippman's insurance broker enterprise has been financially successful despite difficult times in the industry. Premium income has nearly doubled to $20 million. In addition to managing 39 of the 53 Australian university unions, Lowe's client sectors include employee associations, franchises, manufacturing, and local government. Most insurance brokerages sell at about $2 per $1 of gross brokerage, but Lowe's level is about 2.5 times' brokerage.

Insurance Agencies and Brokerages, Insurance agents, brokers, & service, Insurance Agents & Brokers, Statistical Data Included, Management, Insurance industry, Bott, Bob, Zdrilich, Frank, Lowe Lippman

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Liberty gives thought for food

Article Abstract:

Attracted by profit margins in the food industry, Liberty Oil is adding American food franchises and convenience store outlets at many of its sites. Food margins are 30% while petroleum margins are just 7%. Though food accounts for only 10% of revenue, the numbers are climbing, and at least 100,000 people a day walk through the doors of Liberty sites. Liberty has already signed with Subway Restaurants, which has a large presence in Australia.

Crop Production, FOOD AND KINDRED PRODUCTS, PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Food, Innovations, Services, Food industry, Petroleum industry, Liberty Oil (Melbourne, Australia)

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How the big firms divide the cake; new research has lifted the lid on the big accounting firms' profit-sharing schemes

Article Abstract:

New research shows that new partners in Big Five accounting firms typically receive half to two thirds the profit of established partners and that the ratio per firm of lower-to higher earning established partners is widespread. Since the research was revealed, most firms have altered their profit schemes to reflect more equality.

Research, Accounting firms, Accounting services, Profit sharing

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