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Compact case
Case
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Reference no. UVA-F-1749
Published by: Darden Business Publishing
Originally published in: 2016
Version: 23 December 2019
Revision date: 20-Jan-2020

Abstract

A small chain of retail stores selling outdoors equipment, Blue Ridge Bike and Hike (Blue Ridge) was expanding rapidly. The finance manager had to develop a financial plan for accommodating this growth and the investment it required. Clearly, the business was growing faster than could be financed from internal sources - it had been increasing a long-term loan and had just ended the year with a higher-than-usual balance on its bank line of credit.

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Abstract

A small chain of retail stores selling outdoors equipment, Blue Ridge Bike and Hike (Blue Ridge) was expanding rapidly. The finance manager had to develop a financial plan for accommodating this growth and the investment it required. Clearly, the business was growing faster than could be financed from internal sources - it had been increasing a long-term loan and had just ended the year with a higher-than-usual balance on its bank line of credit.

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