First Case, Due October 12, 2O1Z

f,ichard lvey Sttrcst

the University of Iry:srcrn Onaario

f

lTrin*r

hrcy lHl2t0g YOUlilc trf,AN tNC.

Dave shaw

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E

izabu, M.A. Grzsby ravised fltis case

identifying i$anratkm to pr-otect corfrctenti@

f,*:Y'-Ww.y!,W!!!-y:ye!:rfl tttuorrate etther amive

soarv o pror,il or imftadire hautin{ cf a'iriaagrera i situation.

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t'dect -The unionvitts g!fr &ore, wrltbn ctautia lrlalwney roi ctiJtrjussio/,. rhe authors (b kt,,td to

iaiii m" w a"* td u*n*i]#ri'ffi]ffil;i;eH;{; X,# #X#

Eusi,ness, The univetsilv ot l,yeslen, mail casr,s@,iwy.urrc.ca.

Richxd lvey *laol of 6.,s,;'/Ess Fo udation prohibits arry.form of repr(tr,tfi//ion,s*rage ar tra'r'mittat without its written pemixion. Reprdtntian af lhis lnatenat is not averad imdr,r iunaiuatlon oy *y r4s organiziiia;--iirib, wa"orr*qussf p€"r"$s,ott ta GProch{E maienats, w,fiad tvey Fuhlishing, nicnurb "i*i'rcfi* uiry-6cri*t i aaslress FourdaBorr, clb Rldlag lvoy$dmo; of

ontano,'Lod, dtrtEtio, ca;aia,-i6;;'3;il; phone (Stg) 66t'32a}; tux (slg) ofgzslness Foutflatian

6613{yi2; e_

Copyright@ 2012, Rrc/rard

I*y Se*a/

Uersbn- 20t2_0$4t

11:tclothtug 51016'fotrng lrda& Irrc-* and was arxicus to lorow how the and to assess tbal performance.

I-g-t,#U tlo I*-lo

had

just finished his first hectic year as owntr and opamor of his .orr,p*y hrd p;;dd fmar:cially

HrurtEr graduald with a ruriversity holours degrec ia businEss aonr fte Ivry Eusinrss 9i$'-+17'.21-11, (Iyer)' Londoq outario, in frsut ofhis pareutq family aud ftends, toget&er *tL hi- elsssm*t.s ffid !tl*"f their families. severgl weetr l*ter, on J**jreo-1tr"in tni Centetown sf,apprug c;te in KikhsrerlT'$erloo, his htme towrl he cpened a=mffi@:e,.cal]ed'young M&Inc-,, (young Man), focusiag on yotlBt mEn'E ta*ss, ttyt": u4 speciflc uEitrffi-naa an a}norr"acdictivc rr*u to g? ioto retailirg that $mted *"og bis high.schoot years }th a part-time job tha: be absolutcly tovd. neiad studid retail aJ Ivey and had planned the store's $and opening. fo.r minths_. He speut much of his last tcrm at rvey wor*ing orl faj*s involling a relail rjcn'E clothing cJain operatiug iuieveral Cmadian cities for his co*r,.s in advertising, qtrEratiolls' EetrPS m*usgenleri nnd coryorate in*... Hrmta envisioned u .rruio of yormg lv{au storm asthe next step inhisptan-

a'ac €t(cit€d to see t&e results. He had kryt af salcs numb-rs ad ;icerh not have time t" pnp*i *Jrerifi, interiruEr@@ents. l nancial statements+d with ahnost 40_per irf tom lroffiUE rs fl*t1.sryonal "drt and.auotder 35 M* "*d;;G nd JunEGE....--_e of monilrs months udversify md high school gradudious and in preparation for the nrst trI-ti*e jiul.

Hg$1i1lf:_!qiry* T*p)
Start-llp Funding

W, Fl{ ffi: yf
*

f1w,

one yEar

latr, Hrrrtrr

basis, but-he

p*;il;*G;;

i"rmtiti}ffiffi. ffi r*rrt;;; ;ffiffiili

td(

*:::^19:::t*_*S;

a combination

cent over the past year, plus 1 ner

:i

I per ce! with interest

i";;;ffi;"d;frii,.i{,li.iffiffi'ili_ffi,il paid :{S' *:tg*-md money burowed aom his parents, in 50