Includes bibliographical references and index.

Part 1: THE ENTREPRENEURIAL ENVIRONMENT
1. Introduction to Finance for Entrepreneurs
2. Developing the Business Idea
Part 2: ORGANIZING AND OPERATING THE VENTURE
3. Organizing and Financing a New Venture
4. Preparing and Using Financial Statements
5. Evaluating Operating and Financial Performance
Part 3: PLANNING FOR THE FUTURE
6. Managing Cash Flow
7. Types and Costs of Financial Capital
8. Securities Law Considerations When Obtaining Venture Financing
Part 4: CREATING AND RECOGNIZING VENTURE VALUE
9. Projecting Financial Statements
10. Valuing Early-Stage Ventures
11. Venture Capital Valuation Methods
Part 5: STRUCTURING FINANCING FOR THE GROWING VENTURE
12. Professional Venture Capital
13. Other Financing Alternatives
Part 6: EXIT AND TURNAROUND STRATEGIES
15. Harvesting the Business Venture Investment
16. Financially Troubled Ventures: Turnaround Opportunities?
Part 7: CAPSTONE CASES
Case 1. Eco-Products, Inc.
Case 2. Spatial Technology, Inc.

Guiding students through a complete "life cycle of the firm," ENTREPRENEURIAL FINANCE, 6e, introduces the theories, knowledge, and corporate finance tools and techniques an entrepreneur needs to start, build, and eventually harvest a successful venture. With a strong emphasis on sound financial management practices, the text explores how to secure financing, use business cash flow models, and strategically position the early-stage company. Students also learn how to effectively interact with financial institutions and regulatory agencies that can affect venture growth and enable liquidity for investors. Drawing on real-life entrepreneurial ventures and common financial scenarios, the authors include in-depth capstone cases, mini-cases, and examples that engage students and vividly illustrate such key concepts as venture capital funds, institutional investors, strategic alliances, the role of business angels, licensing agreements, and exit strategies.

FIN941