Turning failure into an asset

Article Abstract:

An entrepreneur recounts how he and his partner lost all their assets when their computer hardware business, Microbits Peripheral Products Inc, failed. They restructured the company, bought back the assets from the bank, and renamed it Supra Corp. It now has $35 million in sales.

Telephone and telegraph apparatus, Psychological aspects, Computer industry, Finance, Column, Entrepreneurship, Business failures, Supra Corp.

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Sitting on solid ground

Article Abstract:

Frederick Duckloe & Bros uses the skills of master craftsmen to produce its line of antique furniture reproductions. The company has grown to $3 million in annual sales by automating repetitive work, limiting waste and using information technology.

Management, Furniture industry, Company Profile, Frederick Duckloe and Bros. Inc.

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WAGE-PRICE CONTROLS: FORTY CENTURIES OF SOLID FAILURE

Article Abstract:

EVEN THOUGH THE MAJORITY OF AMERICANS FAVOR WAGE-PRICE CONTROLS, HISTORY SHOWS THAT THEY USUALLY FAIL. A BRIEF HISTORY OF THIS IS PRESENTED. WAGE-PRICE CONTROLS DO NOT DEAL WITH THE REAL PROBLEM - THE CAUSES OF INFLATION.

Laws, regulations and rules, National government, Inflation (Finance), Federal government, Inflation (Economics)

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