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Susie Mikado had emigrated to Canada from Hong Kong about five years earlier. Being a hard worker and how ing worked in a clothing factory in Hong Kong, she got a job immediately at a dress manufacturing factory. After three and a half years, she had accumulated some funds and decided to start her own small business making selected clothing primarily for the large Asian population in the Vancouver area. Susie has an obvious talent for selecting fabrics and designing garments and through her family and friends, has developed a reputation as a skilled seamstress Susle located her business in the Chinatown district of Vancouver in a teased space of about 1200 square feet The location is for from ideal as she is on the third floor of a hair salon and she constantly hears that people do not know her business exists. To make renovations, buy equipment, and pay other initial expenses, she borrowed $15,000 and put $5000 of her own funds into the venture. She hired two part-time employees, paying them $16 per hour to assist in sewing the clothing items. The production process is simple each employee and Susie make a garment from beginning to end Darren Richards visits Susie’s Fashions to assess the situation and determine what can be done to solve the cash flow problem. He is impressed with the product line, which exhibits gooty work Susie’s produces primarily two garments. The first is a Chinese-style dress retailing at $100, and the second is a kimono-like robe retailing at $90. Sales are based almost entirely on word-of-mouth, as Susie spends no money advertising, in examining the production process, Darren notices numerous interruptions occut as family and friends of the workers frequently come by to visit He estimates, however, thot on average the dresses take four hours to make and the robes take three hours. The average dress takes about three yards of material, and the robes average four yards. The fabric for both items cost Susie about $6 per yord. Darren is concerned about the management of the firm Although Susie hired two employees, she often hires family or friends to help for a few days at a time when they as she puts it need some money”He is most con cerned, however, with the financial procedures Susto es lo owing, Because there is no record keeping system, he has difficulty determining paid and unpaid bin from the assortment of receipts, scraps of paper, invoices, and notes