Welcome to the world of entrepreneur finance. You will be introduced to the theory and practice of finance as it applies to entrepreneurship.
If you are an entrepreneur, a business owners, an investor, finance student or you have curious mind for learning, this course is for you.
You will have an opportunity to learn the theory of entrepreneurial finance as it applies to entrepreneurship, areas covered are
Fundamental of entrepreneurship
Principles of entrepreneurial finance
Stages of successful venture lifecycle
Major type of venture financing
Types of business organizations
Key elements of a business organization
You should not be scared of numbers. Where numbers are used, you will be walked through calculations steps. Numbers are used to explain the concept and application of finance in entrepreneurship and how you can use numbers to ascertain value of enterprise, calculate ownership dilution and make managerial decision.
Areas involving calculations are,
Dilution of ownership
Pre-Money and Post Money valuation calculation
This course is delivered through video and prepared script. The main objective is to equip student with the knowledge and skills for creating a business, application of the theory in executing business idea and understanding of how the valuation of enterprise is performed, the effect of outside investors have on ownership dilution and the use of ratios to make managerial decisions.
You will learn the role of finance in entrepreneurship application. Background in finance is not required for this coarse, what is required is passion for finance and entrepreneurship and a curious mind to learn.
The objective of Entrepreneur Finance is to teach the theory and application of entrepreneur finance.
The world of entrepreneur finance introduces the concepts, theory and practice of finance as it applies to the entrepreneur.
Entrepreneurial finance is the application of tools and techniques to the planning, funding, operations and valuations of an entrepreneur venture. Entrepreneurial finance focus is on venture as the venture moves through its life cycle, from initial development stage to when an entrepreneur exits or harvest the venture.
The course will cover fundamental of entrepreneur finance, different cycles of a successful venture, and different type of business organization, business valuation, capitalization table and ratios.
You will be introduced to the concept of agile business planning and how you can apply agile business planning to bring business into life.
An entrepreneur is an agent of change, optimistic and develop a plan to bring idea into the market.
You will learn how an entrepreneur develops viable business, characteristics of entrepreneur and sources of entrepreneurial opportunities.
Different sources of entrepreneurial opportunities disused are
You will learn where the principles of entrepreneurial finance are drawn from.
The principles are 9, and they are
You will learn 5 stages of a successful venture life cycle.
The 5 stages of a successful venture life cycle are,
The challenge of starting new business is under-capitalization, you will need skills to navigate through financing challenges.
You will learn major types of financing, which are
Also covered is
Entrepreneurs need financial projections and plans when approaching investors and they should remember each round of financing results into dilution of ownership and should be aware of the percentage of ownership they are willing to relinquish.
You will learn the theory of enterprise valuation and the guiding principles applied when performing valuation
Guiding principles are based on purpose and they are
Different approaches for valuation discussed are,
You will be walked through a financial template on how valuation of an enterprise is performed.
Points discussed are,
You will learn how capitalization table is used to determine
In this lecture, an excel model will be used to walk you through calculation of ownership dilution
You learn how each round of investment dilutes percentage of ownership.
You will learn how to determine the percentage of ownership of the firm and how to calculate the dilution of ownership.
An illustration is used to show how to calculate post money valuation and dilution of ownership.
Points to note when calculating post money valuation value of the firm are,
There are advantages and disadvantages on each type of business organization.
You will learn 4 different forms of business organizations which are
Intellectual properties are important to business, you will learn-
Because business environment changes very first, you can adapt agile business planning. You will be introduced to agile business planning.
You will learn what to include in a business plan, a business plan should show how a business will-
You will learn different section of a business plan which are
Since business may operate a cross the boarders, it is advisable as business owner or as an entrepreneur you understand the governing laws of each country where you operate.
You will learn
Financial ratios show the relationship between two or more financial variables, or between financial variables and time. They summarize large amount of financial data for simplification purpose of comparing venture performance with itself and other firms over time.
Financial ratios can answer inquisitors’ questions and provide useful information about venture’s past and potential future performance
You will learn how to calculate different types of ratios and how to use them to measure financial performance of the venture, the ratios are-
This lecture summarizes what have been covered and gives you an insight on the next course to be prepared.
I hold a bachelor’s degree in finance and CPA’s certification; I’m a trained graduate school business leader with focus on technical skills in Managerial accounting and Corporate Finance.
I have consulted for entrepreneurs around the world in the areas of finance and I have experience working as an auditor and finance consultant for a CPA firm specializing in startups, small to medium sized firms.
My main focus is to help entrepreneurs succeed by providing consulting services and training in finance and accounting. Some of the courses taught here will be structured from corporate finance perspective to make them suitable for startups and small business.
I’m a principle consultant at Vibe-Startup, a knowledge company for entrepreneurs providing services in accounting and finance.