Entrepreneurial Finance

Entrepreneurial Finance
ISBN-10
0471322873
ISBN-13
9780471322870
Series
Entrepreneurial Finance
Category
Business & Economics
Language
English
Published
2000-02-02
Publisher
Wiley
Authors
Janet Kiholm Smith, Richard L. Smith

Description

Let Financial Economic Foundations Guide You in Your Decision Making! Providing unique insight, this is the first text to apply current financial economics research and theory to the study of entrepreneurship and new venture finance. This approach will help you use financial economic foundations as a framework to guide you in your decision-making process. You'll learn to think of new ventures as portfolios of real options, value financial claims of the entrepreneur and venture capital investors, and structure financial contracts in light of new venture information problems. And with the help of real-world examples, you'll gain a better understanding of the broad range of situations and problems that you'll likely face as an entrepreneur. Key Features * The importance of strategy in new venture planning is stressed to help you develop a successful business plan for a new venture. * A valuation perspective is used to describe topics such as strategic planning, business planning, financial modeling, assessing financing needs, raising outside financing, structuring financial contracts with investors, and harvesting. * Relevant examples are integrated throughout the text to provide a real-world perspective. Also discussed is the fact that entrepreneurs and outside investors have different expectations for performance of a venture, and different requirements for a return on investment. * Spreadsheet modeling and simulations using custom software are used to enhance learning. Get Interactive! The book's Web site contains valuable resources including: * PowerPoint presentations * Active Excel spreadsheets * Venture.SIM-a simulation software program * Tutorials on how to use the software * Extensive links to other sites and much more!

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