Three core principles of entrepreneurial finance
More cash is preferred to less cash
Cash sooner is preferred to cash later
Less risky cash is preferred to more risky cash
Stage of business life cycle
The 7 Stages of the Business Life Cycle
The seed stage of your business life cycle is when your business is just a thought or an idea. This is the very conception or birth of a new
Challenge: Most see
When would an entrepreneur be interested in break-even analysis? If an entrepreneur wants to use break-even analysis
but has trouble assigning some costs as either fixed or variable, can break-even analysis still be used?
Evaluate and expl
and Growth Capital
Three central issues to be considered
Does the venture need outside equity capital?
Do the founders want outside equity capital?
Who should invest?