Small Business and Entrepreneurship

A groundbreaking book on the growing trend of crowdfunding Crowdfunding has gained considerable traction over the last fewyears. By combining the Internet/social media with equity-basedfinancing, it is poised to usher in a new asset class that willchange how early stage and small business financing transactionsare consummated. Author Steven Dresner, Founder and CEOof Dealflow.com, understands the nuances of how crowdfundingcan help companies gain much needed access to capital, and now heshares those insights with you. Engaging and informative, this book will serve the needs of aglobal audience comprising entrepreneurs, financiers, and otherprofessionals. It skillfully addresses the market dynamics that arecatapulting crowdfunding into the mainstream and explores essentialissues ranging from planning an online campaign, post-transactionmanagement, and business planning to securities law and taxissues. Puts the business of crowdfunding in perspective with a look atthe current marketplace, overview of important data, and legitimateconcerns Examines effective techniques for communicating with thecrowd Details equity-based financing and other sources such as debtinstruments Contains contributions from a wide array of individualsinvolved in the worlds of finance, law and accounting, socialmedia, marketing, as well as DealFlow Media's own staff Crowdfunding affords-start ups and other smaller businessesbetter access to capital via the Internet/social media. It alsoallows an investor of any size to back a business of theirchoosing. This new book will show you what this process entails andhow it can benefit everyone involved.

Crowdsource funding is the new way to finance start-ups in anetworked world Entrepreneurs, small business owners, investors, artisans, orthose who merely have a good idea for a business venture have a newand attainable means of securing capital to grow their dreams. Goneare the days when the only options to raise funds for a newbusiness were venture capitalists, angel investors, or Wall Street.Web-based crowdfunding services are now plentiful and offer avariety of options for the aspiring entrepreneur. However, theseservices are not typically as well-understood as the moretraditional means of raising capital. In The Crowdsource Funding Services Handbook, authorJason R. Rich offers a step-by-step overview of the variouscrowdsource funding services available on the Web, as well as thenecessary documentation required to launch a successfulcrowdfunding campaign. Contains details on how to evaluate and select the best onlineplatform for crowdfunding efforts Provides details on creating a business plan to thespecifications require to raise capital via crowdfunding Provides an overview of the financial projections that will berequired for a crowdfunding initiative Proposes a specific approach to creating a "pitch video" tosucceed with a crowdsource funding campaign The Crowdsource Funding Services Handbook is a thorough,well-developed resource for those seeking to raise capital to starta business or fund the development of an innovative idea. Authorand crowdfunding expert Jason R. Rich provides this definitive,hands-on guide to raising capital in the new economy.

The study extends the literature on venture capital by examining whether entrepreneur's choice for an external investor and certain firm characteristics have an impact on venture success or not. The focus is set on the differences in value creation by venture capitalists and business angels for ventures of the high- and low-technology sector. The assessment of a data set including 252 Series A financing rounds by venture capitalist firms, business angels and collaborative investments of both investors conducted between 2005 and 2012 unveils value enhancing aspects for all three financing solutions. Overall, start-ups initially financed by venture capitalist firms perform best with regard to general venture success, whereas start-ups collaboratively supported by venture capitalists and business angels have the highest chances to exit successfully through a trade sale. It becomes further apparent that ventures located in one of the high-technology industries 'internet', 'pharmaceuticals' and 'high-tech', ventures that are longer established in the market and ventures whose Series A financing round was executed more recently indicate an enhanced likelihood of success.

Featuring key topics within finance, small businessmanagement, and entrepreneurship to develop and maintain prosperousbusiness ventures With a comprehensive and organized approach to fundamentalfinancial theories, tools, and management techniques,Entrepreneurial Finance: Fundamentals of Financial Planning andManagement for Small Business equips readers with the necessaryfundamental knowledge and advanced skills to succeed in small firmand business settings. With a unique combination of topics fromfinance, small business management, and entrepreneurship, the bookprepares readers for the challenges of today?s economy. Entrepreneurial Finance: Fundamentals of Financial Planning andManagement for Small Business begins with key concepts of smallbusiness management and entrepreneurship, including managementtools and techniques needed to establish, run, and lead businessventures. The book then delves into how small businesses areoperated, managed, and controlled. General finance skills andmethods are integrated throughout, and the book alsofeatures: Numerous practical examples and scenarios that provide areal-world perspective on entrepreneurship and small businessmanagement A brief summary, list of key concepts, and ten discussionquestions at the end of each chapter to prepare readers for thechallenges of today's economy A practical guide to the complete life of a small business,from establishing a new venture to training and developing youngentrepreneurs tasked with maintaining and developing a prosperouseconomy An in-depth discussion of the entire process of writing asuccessful business plan, including the rationale, significance,and requirements Techniques needed to solidify the free enterprise tradition,develop entrepreneurial strategies, and grow small businesses Entrepreneurial Finance: Fundamentals of Financial Planning andManagement for Small Business is an ideal textbook forupper-undergraduate and first-year graduate courses inentrepreneurial finance within business, economics, managementscience, and public administration departments. The book isalso useful for MBA-level courses as well as for business andmanagement PhD majors as a resource in methodology. The book isalso an idea reference for entrepreneurs, business managers, marketanalysts, and decision makers who require information about thetheoretical and quantitative aspects of entrepreneurial finance.

The need for "back to basics" information about credit risk has not disappeared; in fact, it has grown among lenders and investors who have no easy ways to learn about their clients. This short and readable book guides readers through core risk/performance issues. Readers learn the ways and means of running more efficient businesses, review bank and investor requirements as they evaluate funding requests, gain knowledge selling themselves, confidence in business plans, and their ability to make good on loans. They can download powerful tools such as banker's cash flow models and forecast equations programmable into a cell or tablet. Readers can punch keys to ascertain financial needs, calculate sales growth rates calling for external financing, profits required to internally finance their firms, and ways to position revenue growth rates in equilibrium with their firm's capital structure - a rock-solid selling point among smart lenders and investors. The book's "how-to," practical and systematical guide to credit and risk analysis draws upon case studies and online tools, such as videos, spreadsheets, and slides in providing a concise risk/return methodology.