What guidelines should entrepreneurs follow when they are selecting a venture
1. Scrutinize your business with a critical eye. Having solid and proven financial
statements can prove to an investor that you have taken the time and effort to
Identify 7 types of bootstrapping
Boot strapping is actively reducing costs and overhead expenses to save money.
Taking advantage of boot strapping principles will allow a company to have less
debt, ultimately making them more appealing when it comes time
What are various sources of equity investment?
The three main sources of equity funding are super angels, institutionalized
venture capital, and formal private placements of stock.
Super-angels are investors that have a very high personal net worth. Accor
Unit 13 Assignment
Name the eleven foundation slides for an investors presentation.
SLIDE 1: OUTLINE
SLIDE 2: MARKET
SLIDE 3: PRODUCT OR SERVICE
SLIDE 4: CUSTOMERS
SLIDE 5: INTELLECTUAL PROPERTY
SLIDE 6: DEVELOPMENT PLAN
SLIDE 7: DISTRIBUTION PLAN
Unit 8 Assignment
What are the twelve steps to create a patent from idea to completion?
Prepare Document Disclosure
Provisional filing to establish priority date at patent office
Preliminary search of patent records declara
Unit 9 Assignment
What are the similarities and differences between the two tools for designing business
There are two tools for designing business models and they are The Five Component Model and
The Business Model Canvas. The similarities are th
Unit 4 Assignment
What are the factors in deciding what form of ownership is best suited for the potential
There are many factors in deciding what form of ownership is best but entrepreneurs need to
know there is not a single best form, but it i
Unit 6 Assignment
1.) What are various sources of equity investment?
There are many sources of equity investment for various businesses but the type really
depends on the type of business. A small business could expect family and friends as a
source of eq
Unit 5 Assignment
Describe seven techniques for bootstrapping that you could use if you started a company.
Build your email list. Email marketing is an economical way to stay in touch with your
customers, promote your products, and boost brand recognition
Unit 11 Assignment
Briey describe the procedures in selling a business.
Selling the business is another option in the entrepreneurs exit plan. In order to create the
highest value, you should build valuable assets and identify them clearly in the selling
Unit 12 Assignment
Why do business plans fail?
The book outlines a variety of reasons why business plans fail. The executive summary is
unclear, not concise, and not specically targeted to the intended audience. The basic concept of
the business has not b
Case Study Unit 17 Question 1
Area of Potential Risk
Company Exposure-This risk is very high. The more our business is in demand, the more people
want a piece of the pie so competition will increase.
Company Response/Strategy-The company c
What are the categories and steps in preparing a nancial budget?
A budget contains eleven major categories. Sales, cost of goods sold, gross profit, operating expenses,
operating profit/loss, other income and expenses, pretax income, income taxes, net inc