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Halifax Henna: The Art of Manageable Growth*
Authors:Karen Lightstone  Daphne Rixon
Abstract:This case explores the dilemma many young women face when they begin a family: juggling a full‐time job as a young Chartered Professional Accountant (CPA) with a government job, continuing to grow a small business as a henna artist, and caring for a new baby. Even before the arrival of the first child, the combination of continuing to do both jobs was not sustainable. The case provides information to enable students to assess the financial health of a small business and provides a recommendation to the owner. In addition, information regarding paying childcare costs while continuing with a government job provides a realistic comparison for students. Often students jump to the money, which is currently in her accounting job, and forget that passion, dreams, and objectives for work–life balance, although earning less at the moment due to the part‐time nature, may be the best way forward.
Keywords:Contribution margin  Constrained resources  Small business  Forecasting  marge sur coû  ts variables  petite entreprise  pré  visions  ressources limité  es
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