Bibliographic Information

Entrepreneurial finance

Richard L. Smith, Janet Kiholm Smith

J. Wiley, 2000

Available at  / 22 libraries

Search this Book/Journal

Note

Includes bibliographical references and index

Description and Table of Contents

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!

Table of Contents

GETTING STARTED. An Overview of New Venture Financing. FINANCIAL ASPECTS OF STRATEGIC AND BUSINESS PLANNING. The Business Plan. New Venture Strategy. Developing Business Strategy Using Simulation. FINANCIAL FORECASTING. Methods of Financial Forecasting. Assessing Financial Needs. VALUATION. The Framework of New Venture Valuation. Valuation in Practice: The Investor's Perspective. Valuation: The Entrepreneur's Perspective. ORGANIZATIONAL DESIGN AND FINANCIAL CONTRACTING. Financial Contracting with Symmetric Information. Dealing with Information and Incentive Problems. Financial Contracting. FINANCING AND HARVESTING CHOICES. Venture Capital. Choice of Financing. Harvesting. CONCLUSION. The Future of Entrepreneurial Finance: A Global Perspective. Index.

by "Nielsen BookData"

Details

  • NCID
    BA46518805
  • ISBN
    • 0471322873
  • LCCN
    99053067
  • Country Code
    us
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    New York ; Chichester
  • Pages/Volumes
    xviii, 638 p.
  • Size
    24 cm
  • Classification
  • Subject Headings
Page Top