Entrepreneurial Finance

by Leach, J. Chris; Melicher, Ronald W.

• ISBN13: 9780324162608
• ISBN10: 032416260X
• Format: Hardcover
• Copyright: 2002-09-11
• Publisher: South-Western College Pub

Summary

This book applies tools and techniques of corporate finance to the entrepreneurial venture. It closely follows a ?life-cycle of the firm? approach, and does so in a very accessible and student-friendly way. The text introduces the theories, knowledge, and financial tools needed by an entrepreneur in starting, building, and finally harvesting a successful venture. The book focuses on sound financial management practices, how and where to obtain the financial capital necessary to run and grow the venture, and how and when to interact with the financial institutions and regulatory agencies central to financing ventures as they grow and ultimately look for liquidity for their investors.

Table of Contents

PART I BACKGROUND AND ENVIRONMENT
Introduction and Overview	3	(34)
From the Idea to the Business Plan	37	(34)
PART II ORGANIZING AND OPERATING THE VENTURE
Organizing and Financing a New Venture	71	(35)
Measuring Financial Performance	106	(28)
Evaluating Financial Performance	134	(37)
PART III PLANNING FOR THE FUTURE
Financial Planning: Long-Team and Short-Team	171	(42)
Types and Costs of Financial Capital	213	(34)
Securities Law Fundamentals	247	(38)
PART IV CREATING AND RECOGNIZING VENTURE VALUE
The Creation and Calibration of Value	285	(46)
Venture Capital Valuation Methods	331	(32)
PART V STRUCTURING FINANCING FOR THE GROWING VENTURE
Security Structure and Enterprise Value	363	(33)
Professional Venture Capital	396	(24)
Other Financing Alternatives	420	(35)
PART VI TURNAROUND AND EXIT STRATEGIES
Financial Distress: Turnaround Opportunity or Liquidation	455	(35)
Harvesting the Business Venture Investment	490	(55)
PART VII CAPSTONE CASES
Case 1 Coral Systems, Inc.	521	(24)
Case 2 Spatial Technology, Inc.	545