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  • August 2022 (Revised November 2024)
  • Case
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Sweet Teez Bakery: Projecting the Dough's Rise

By: Emily R. McComb, Mel Martin and Amy Klopfenstein
  • Format:Print
  • | Language:English
  • | Pages:7
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Abstract

In 2021, the HBS Impact Investment Fund student team met with entrepreneur Teresa Maynard, who had applied for a $25,000 impact investment loan. The students thought the former Harvard Data Scientist’s bakery business, Sweet Teez Bakery, showed promise. Maynard had bootstrapped the business, growing it from a small-scale venture to a point where she now considered expanding her corporate clientele and possibly opening a brick-and-mortar location. Alas, funding for such small businesses had been sparse, and Maynard needed working capital to take her business to the next level.
The student team was eager to evaluate her financials and submit a recommendation to the investment committee. However, Maynard had taken meticulous records of her financial transactions but had yet to compile them into comprehensive financial statements, meaning that Sweet Teez’s financial health was difficult to parse. The HBS student team wondered: How could they best build a reliable financial model from the currently fragmented historical information?

Keywords

Impact Investment; Entrepreneurship; Social Entrepreneurship; Finance; Investment; Goods and Commodities; Financial Reporting; Small Business; Food and Beverage Industry; United States; Massachusetts

Citation

McComb, Emily R., Mel Martin, and Amy Klopfenstein. "Sweet Teez Bakery: Projecting the Dough's Rise." Harvard Business School Case 223-004, August 2022. (Revised November 2024.)
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About The Author

Emily R. McComb

Finance
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Related Work

    • August 2022
    • Faculty Research

    Sweet Teez Bakery: Projecting the Dough’s Rise Financial Supplement

    By: Emily R. McComb, Mel Martin and Amy Klopfenstein
    • April 2023
    • Faculty Research

    Sweet Teez Bakery: Projecting the Dough’s Rise Video Supplement

    By: Emily R. McComb and Ruth Page
    • August 2022 (Revised November 2024)
    • Faculty Research

    Sweet Teez Bakery: Projecting the Dough's Rise

    By: Emily R. McComb, Mel Martin and Amy Klopfenstein
Related Work
  • Sweet Teez Bakery: Projecting the Dough’s Rise Financial Supplement By: Emily R. McComb, Mel Martin and Amy Klopfenstein
  • Sweet Teez Bakery: Projecting the Dough’s Rise Video Supplement By: Emily R. McComb and Ruth Page
  • Sweet Teez Bakery: Projecting the Dough's Rise By: Emily R. McComb, Mel Martin and Amy Klopfenstein
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