Entrepreneurial Financial Management

An Applied Approach
6. Auflage 2024
ISBN: 978-1-032-58937-4
Verlag: Taylor & Francis Ltd

Buch, Englisch, 346 Seiten, Format (B × H): 178 mm x 252 mm, Gewicht: 636 g

Now in its sixth edition, this classic and comprehensive resource presents an applied, realistic view of entrepreneurial finance for today’s entrepreneurs. The book provides an integrated set of concepts and applications, drawing from entrepreneurship, finance, and accounting, that will prepare aspiring entrepreneurs for the world they will most likely face as they start their new businesses.

The contents are designed to follow the life cycle of a new business venture. Topics are presented in logical order, as entrepreneurs will likely face them, from business start-up through to growing the business. Each chapter includes discussion questions and opportunities for application. PowerPoint slides and problem solutions are available for instructors. A comprehensive financial spreadsheet template is also included with the text, which allows for the application of the concepts to actual businesses and is a valuable supplement to the process of developing a full business plan. This new edition includes new examples throughout, an expanded discussion of the role of entrepreneurial financial management in business modeling, and updated current practices in bootstrapping and sources of financing.

Entrepreneurial Financial Management will be a valuable resource for undergraduate and graduate students of entrepreneurship and budding entrepreneurs alike.

Zielgruppe

Postgraduate and Undergraduate Advanced

Autoren/Hrsg.

Vang, David O.

Cornwall, Jeffrey R.

Hartman, Jean M.

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Management Unternehmensführung
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines

Inhaltsverzeichnis

1. Introduction PART I: BUILDING A FINANCIAL FORECAST 2. Setting Financial Goals 3. Understanding Financial Statements 4. Revenue Forecasting 5. Expense Forecasting 6. Integrated Financial Model PART II: MANAGING THE FINANCIAL RESOURCES OF A VENTURE 7. Monitoring Financial Performance 8. Day-to-Day Cash Flow Management and Forecasting PART III: SOURCES OF FINANCING 9. Financing over the Life of a Venture 10. Start-Up Financing from the Entrepreneur, Friends, and Family 11. Bootstrapping 12. External Sources of Funds: Equity 13. External Sources of Funds: Debt 14. Financing the High-Growth Business PART IV: PLANNING FOR THE ENTREPRENEUR’S TRANSITION 15. Business Valuation 16. Exit Planning

Über Autor(innen)

Jeffrey R. Cornwall is professor emeritus of entrepreneurship at Belmont University in Nashville, Tennessee. He has a DBA and an MBA from the University of Kentucky.

David O. Vang is a professor of finance in the OPUS College of Business at the University of St. Thomas in St. Paul, Minnesota. He received a bachelor’s degree, summa cum laude, from St. Cloud State University in Minnesota with majors in economics and political science.

Jean M. Hartman holds a BA in business administration and accounting from Southwest Minnesota State University and an MBA from the University of St. Thomas. She is a certified public accountant.