A Fetish for Fashion Fetish wear – a passing phase or a here-to-stay trend? Wayne Bernet and Simon Macintosh were betting on the latter with their fetish leatherwear store, Leatherwerx. But they lacked a couple of key ingredients for launching a business; they were short of cash and had little background knowledge on how to run a business. After six months, sales were creeping in but expenses were mounting and the partners were spending far more then they were taking in on additional staff and new equipment. Eventually this caught up to them and they were forced to lay off staff until finally the bailiff seized the store and everything inside was sold to pay off their outstanding debts.
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Guest-Tek Guest-Tek supplies a growing number of hotels throughout Canada and the United States with high-speed Internet connections for use by their guests. The company is growing extremely fast with 2500 hotel rooms already having installed the Guest-Tek system and ambitious plans to target companies in the U.S. and the Asia-Pacific region. They were successful in obtaining $1.5 million in investment funds from a Calgary venture capital company to finance this expansion. However, the company is not quite on easy street. The investor is demanding big changes in the company that Guest-Tek's young president isn't always comfortable making.
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2003 McGraw-Hill Higher Education