B B B B B
Edition by J. Chris Leach, Ronald W. Melicher, Chapters 1 -
B B B B B B B B B B B
16, Complete With CAPSTONE CASES
B B B B B
The Marketplace to Buy and Sell your Study Material
B B B B B B B B
At Stuvia, you will find the best notes, summaries, flashcards & other study material. Search for your
B B B B B B B B B B B B B B B B
school or uni and find the study material you need.
B B B B B B B B B B
www.stuvia.com
Downloaded by: Bookista |
B B B B Want to earn $1.236
B B B
Distribution of this document is illegal
B B B B B extra per year?
B B
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
B B B B B B B B B B
SOLUTION MANUAL For Entrepreneurial Finance, 7th Edition
B B B B B B
B by J. Chris Leach, Ronald W. Melicher, Chapters 1 - 16,
B B B B B B B B B B B
B Complete With CAPSTONE CASES
B B B B
Downloaded by: Bookista |
B B B B Want to earn $1.236
B B B
Distribution of this document is illegal
B B B B B extra per year?
B B
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
B B B B B B B B B B
TABLE OF CONTENTS B B
Part 1: THE ENTREPRENEURIAL ENVIRONMENT.
B B B B
1. Introduction to B
Finance for Entrepreneurs. B B
2. Developing the Business Idea. B B B
Part 2: ORGANIZING AND OPERATING THE VENTURE.
B B B B B B
3. Organizing and Financing a New Venture. B B B B B
4. Preparing and Using Financial Statements. B B B B
5. Evaluating Operating and Financial Performance. B B B B
B Part 3: PLANNING FOR THE FUTURE.
B B B B B
6. Managing Cash Flow. B B
7. Types and Costs of Financial Capital.B B B B B
8. Securities Law Considerations When Obtaining Venture Financing.
B B B B B B
B Part 4: CREATING AND RECOGNIZING VENTURE VALUE.
B B B B B B
9. Projecting Financial Statements. B B
10. Valuing Early-Stage Ventures. B B
11. Venture Capital Valuation Methods. B B B
Part 5: STRUCTURING FINANCING FOR THE GROWING VENTURE.
B B B B B B B
12. Professional Venture Capital. B B
13. Other Financing Alternatives. B B
14. Security Structures and Determining Enterprise Values. B B B B B
B Part 6: EXIT AND TURNAROUND STRATEGIES.
B B B B B
15. Harvesting the Business Venture Investment. B B B B
16. Financially Troubled Ventures: Turnaround Opportunities? B B B B
B Part 7: CAPSTONE CASES.
B B B
Case 1. Eco-Products, Inc.
B B B
B Case 2. Spatial Technology,
B B B
Downloaded by: Bookista |
B B B B Want to earn $1.236
B B B
Distribution of this document is illegalB B B B B extra per year?
B B
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
B B B B B B B B B B
Chapter 1 B
INTRODUCTION TO FINANCE FOR ENTREPRENEURS B B B B
B FOCUS
The purpose of this first chapter is to present an overview of what entrepreneurial finance is
B B B B B B B B B B B B B B B
about. In doing so we hope to convey to you the importance of understanding and applying
B B B B B B B B B B B B B B B B
entrepreneurial finance methods and tools to help ensure an entrepreneurial venture is successful.
B B B B B B B B B B B B B
We present a life cycle approach to the teaching of entrepreneurial finance where we cover
B B B B B B B B B B B B B B B
venture operating and financial decisions faced by the entrepreneur as a venture progresses from an
B B B B B B B B B B B B B B B
idea through to harvesting the venture.
B B B B B B
LEARNING OBJECTIVES B
LO 1.1: Characterize the entrepreneurial process.
B B B B B
LO 1.2: Describe entrepreneurship and some characteristics of entrepreneurs.
B B B B B B B B
LO 1.3: Indicate several megatrends providing waves of entrepreneurial opportunities.
B B B B B B B B B
LO 1.4: List and describe the seven principles of entrepreneurial finance.
B B B B B B B B B B B
LO 1.5: Discuss entrepreneurial finance and the role of the financial manager.
B B B B B B B B B B B
LO 1.6: Describe the various stages of a successful venture‗s life cycle.
B B B B B B B B B B B B
LO 1.7: Identify, by life cycle stage, the relevant types of financing and investors.
B B B B B B B B B B B B B
LO 1.8: Understand the life cycle approach used in this book.
B B B B B B B B B B B
CHAPTER OUTLINE B
16.1 THE ENTREPRENEURIAL PROCESS B B
16.2 ENTREPRENEURSHIP FUNDAMENTALS B
A. Who is an Entrepreneur? B B B
B. Basic Definitions B
C. Entrepreneurial Traits or Characteristics B B B
D. Opportunities Exist But Not Without Risks B B B B B
16.3SOURCES OF ENTREPRENEURIAL OPPORTUNITIES B B B
A. Societal Changes B
B. Demographic Changes B
C. Technological Changes B
D. Emerging Economies and Global Changes B B B B
E. Crises and ―Bubbles‖ B B
F. Disruptive Innovation B
1
Downloaded by: Bookista | B B B B Want to earn $1.236
B B B
Distribution of this document is illegal B B B B B extra per year?
B B