Entries by admin

For A Family Child Care Program

  Scenario: You have decided to open a family child care program. Before you can write your business plan and seek financial backing, you need a strong mission statement that reflects your program’s central philosophy and core values. For each core value, write a value statement to provide an overview of the type of care […]

The Angelino & McNeil Family: A Tale of Two Families

    The Angelino Family The Angelino family has five children and a sixth is on the way. The children’s ages are 14 (girl), 12 (boy), 10 (girl), 7 (boy), and 6 (girl). They all attend a nearby parochial school. Mr. Angelino owns a third-generation butcher shop that was begun by his grandfather, who emigrated […]

Inventory Valuation

  Sometimes you can be holding inventory, and it is not yours. Other times you can have inventory with a customer that is still yours. For example, consigned inventory is inventory being held by retailers but owned by the manufacturer. Knowing when ownership inventory passes from you to your customers or from your suppliers to […]