Abstracts » Business

Golden goose or turkey?

Article Abstract:

British farmers have found out the hard way that the ostrich business does not guarantee success. The business began to grow in the UK in the early 1990s when public awareness of the financial potential of ostrich farming started to spread. It does seem to be a no-loss proposition, since ostrich meat is as tasty yet has less cholesterol and fat as beef, and fetches similar prices. Furthermore, every part of an ostrich can be sold, from the innards to the hide to the feathers, and raising the birds requires less land than cattle. Despite these strengths, major ostrich farms in the UK began collapsing in Apr 1996, with a number of them being closed by the Dept of Trade and Industry (DTI) to protect 'public interest'. The failure of these companies has been attributed to a number of factors, but not all of the various explanations offered are consistent with the DTI's public interest argument.

Poultry and eggs, not elsewhere classified, Misc Poultry & Eggs, Other Poultry Production, Eggs (Food), Ostrich farming

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Hatching too early?

Article Abstract:

The use of business incubators as a means of financing the start of new companies in the UK is discussed, in the light of their bad publicity in 2000. The need for incubators to look after their companies is stressed.

Finance, Business incubators

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