Entrepreneurial finance : a global perspective / Gary Gibbons; Robert D. Hisrich; Carlos M. DaSilva.

By:

Gibbons, Gary E

Contributor(s):

Material type: Text

TextPublication details: Los Angeles, Calif. : Sage, 2015.Description: xvii, 277 pages ; 23 cmISBN:

1452274177
9781452274171

Subject(s):

DDC classification:

658.421 GIB

Holdings
Item type	Current library	Call number	Copy number	Status	Date due	Barcode
Standard Loan	Moylish Library Main Collection	658.421 GIB (Browse shelf(Opens below))	1	Available		39002100664581
Standard Loan	Moylish Library Main Collection	658.421 GIB (Browse shelf(Opens below))	2	Available		39002100664821

Enhanced descriptions from Syndetics:

A practical approach for entrepreneurs and investors

Entrepreneurial Finance provides readers with the fundamental knowledge to finance, start, grow, and value new ventures, without the complex finance terms and calculations. This comprehensive yet practical approach incorporates a global perspective that appeals to entrepreneurs, investors, and students with diverse backgrounds, knowledge, and experience. From Facebook to Camera+, Gary Gibbons, Robert D. Hisrich, and Carlos M. DaSilva use real-world examples and their professional experiences to bring concepts to life. This text is one of the most readable books in the market without compromising high quality content and resources.

Includes bibliographical references (pages 257-263) and index.

Table of contents provided by Syndetics

Preface (p. xiii)
Acknowledgments (p. xv)
About the Authors (p. xvii)
Chapter 1 The Entrepreneurial Challenge: A Global Perspective (p. 1)
Case: CEON Solutions Pvt. Ltd. (p. 1)
Need for Entrepreneurial Finance (p. 3)
Types of Entrepreneurs (p. 5)
Becoming a Global Entrepreneur (p. 6)
Is It the Right Time? (p. 6)
Is It Risky to Become an Entrepreneur? (p. 6)
Traits of a Global Entrepreneur (p. 8)
The Need for Global Entrepreneurs (p. 9)
What Is Different About Entrepreneurial Finance? (p. 10)
Summary (p. 11)
Chapter 2 Business Planning for Entrepreneurs (p. 13)
Case: TerraPower, Inc. (p. 13)
Purpose of Writing a Business Plan (p. 16)
Benefits of a Business Plan (p. 16)
Elements of the Business Plan (p. 17)
Section 1 Introduction (p. 19)
Section 2 Body of the Business Plan (p. 24)
Section 3 Support (Backup) Material (p. 28)
Financial Information (p. 29)
Business Plan Development and Update (p. 29)
Summary (p. 30)
Chapter 3 Understanding Financial Documents (p. 31)
Case: Hostess Brands LLC (p. 31)
The Balance Sheet (p. 33)
Assets (p. 35)
Liabilities (p. 35)
Shareholders' Equity (p. 35)
Reaching a Balance (p. 37)
The Income Statement (p. 37)
Cash Versus Accrual Accounting (p. 38)
Revenues (p. 39)
Expenses (p. 40)
The Statement of Cash Flow (p. 40)
Summary (p. 42)
Chapter 4 Financial Ratio Analysis (p. 43)
Case: Old Pueblo Lithographers (p. 43)
Uses of Financial Ratios (p. 45)
Time-Series (p. 46)
Cross-Sectional (p. 46)
Sources of Information (p. 46)
Types of Ratios (p. 47)
Liquidity (p. 47)
Leverage (p. 48)
Management Efficiency (p. 50)
Profitability (p. 52)
Market Ratios (p. 56)
Limitations of Financial Ratios (p. 58)
Summary (p. 59)
Appendix (p. 62)
Chapter 5 Cash Flow Management (p. 67)
Case: De Werks, S.A. (p. 67)
"Working Capital (p. 69)
Cash Flow From Operations (p. 70)
Method 1 (p. 70)
Method 1 (p. 70)
Cash Flow Cycle (p. 72)
Accounts Receivable (p. 72)
Collection of Past Due Accounts Receivable (p. 75)
Days Sales Outstanding (DSO) Ratio (p. 76)
Accounts Payable (p. 77)
Summary (p. 79)
Chapter 6 Financial Projections for the Firm (p. 81)
Case: Desert Divers (p. 81)
Types (i.e., Forms) of Projections (p. 84)
Models and Methodologies (p. 94)
Dealing With Data (or Lack of Data) (p. 99)
Revenue and Costs Relationships (p. 105)
Seasonal Adjustment and Patterns (p. 106)
Summary (p. 110)
Chapter 7 Cost of Capital and Capital Budgeting (p. 113)
Case: Mill Pro, Inc. (p. 113)
Weighted Average Cost of Capital (p. 115)
The Cost of Equity (RRR equity ) (p. 116)
The Cost of Debt (RRR debt ) (p. 124)
The Cost of Preferred Stock (RRR pfd ) (p. 126)
International Issues With Respect to
RRR Calculations for Capital Components (p. 127)
Making the Weighted Average Cost of Capital (WACC) Computation (p. 128)
What Is the Firm's Capital Structure? (p. 128)
Summary and Special Notes Regarding the WACC Computation (p. 129)
Capital Budgeting (p. 130)
Example of a Capital Budgeting Problem (p. 131)
Summary (p. 137)
Chapter 8 Valuation (p. 139)
Case: Franks Brothers LLC (p. 139)
Concepts of Value (p. 142)
The Valuation Process (p. 145)
Three Main Valuation Methodologies of an Operating Firm (p. 146)
Valuing the Operating Firm Using Discounted Cash Flow Analysis (DCF) (p. 147)
Valuing the Operating Firm Using Net Asset Value (NAV) (p. 150)
Valuing Intangible Property (Intangibles) (p. 155)
Unique Tax Considerations, Contingencies, and Subsequent Events (p. 161)
Adjustments for Discounts or Premiums (p. 165)
Assembling a Valuation (p. 168)
Summary (p. 169)
Chapter 9 Raising Capital (p. 171)
Case: Kickstarter.com (p. 171)
Types of Capital (p. 173)
The Capital-Raising Process (p. 174)
Financing Stages (p. 175)
Sources of Capital (p. 175)
Meeting Capital Formation and Resource Needs (p. 175)
Bootstrapping (p. 176)
Creative Ways to Bootstrap (p. 177)
Equity Capital (p. 180)
Private (Angel) Investors (p. 180)
Venture Capital Firms (p. 181)
Crowdfunding (p. 183)
Debt Capital (p. 186)
Securities Law and Regulations (p. 191)
Basic Securities Laws of the United States (p. 192)
Summary (p. 195)
Chapter 10 Risks of Doing Business Internationally (p. 197)
Case: Baja'd Out Clothing Company (p. 198)
Foreign Exchange (Forex) Risks (p. 199)
Quantifying Currency Risk (p. 199)
Natural, Reporting, and Local Currency (p. 200)
Transaction Risk (p. 201)
Translation Risk (p. 202)
Hedging Forex Risk (p. 205)
Taxes (p. 209)
Other Risks Related to Doing Business Internationally (p. 210)
Summary (p. 213)
Chapter 11 Managing to Maximize Firm Value (p. 215)
Case: Uni-Net (p. 215)
Key Aspects to Value (p. 217)
Certainty of Cash Flows (p. 217)
Grow the Firm (p. 218)
Market Position Is Important: Document and Publicize Your Success (p. 219)
Build Intangible Value and Organization (p. 220)
A Flat, Flexible Organization With a Productive Workforce Is Valuable (p. 221)
Update the Firm's Planning Model (p. 222)
Develop a Useful Historical Database (p. 223)
Management Must Be Held Accountable for Results (p. 223)
Tailor Pay and Incentives to Results (p. 224)
Lower the Risk Profile (p. 225)
Liquidity Risk (p. 225)
Operating Leverage (p. 226)
Financial Risk (p. 228)
Worst-Case Scenarios (p. 229)
Risk Assessment as a Routine (p. 229)
Back Testing (p. 230)
Sensitivity and Scenario Testing (p. 231)
Simulation (p. 231)
Summary (p. 232)
Chapter 12 Venture Exits (p. 233)
Case: Camera+ Photo Software Application by Tap Tap Tap (p. 233)
Types of Exits (p. 235)
Security Markets (p. 236)
Strategic Buyer (p. 238)
Retained Earnings (p. 240)
Cash-Out Structures (p. 241)
Pricing a Transaction (p. 242)
Venture Capital Method (p. 244)
Summary (p. 245)
Glossary (p. 247)
References (p. 257)
Index (p. 265)