Entrepreneurship Finance, Theory and Enterprise Valuation.
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
2 students enrolled
Wishlisted Wishlist

Please confirm that you want to add Entrepreneurship Finance, Theory and Enterprise Valuation. to your Wishlist.

Add to Wishlist

Entrepreneurship Finance, Theory and Enterprise Valuation.

Comprehensive course for entrepreneurship finance designed for real life application
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
2 students enrolled
Created by Moses Muiga
Last updated 4/2017
English
Curiosity Sale
Current price: $10 Original price: $150 Discount: 93% off
30-Day Money-Back Guarantee
Includes:
  • 1 hour on-demand video
  • 11 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • • The student will be understand the concept of entrepreneurship finance, theory and valuation process
  • • Understand financing process of an enterprise and stages of a successful venture life cycle
  • • Understand use capitalization table and how dilution process affects enterprise control
  • • Understand the key elements of business plan and learn the concepts of agile business planning and how to implement agile business planning
  • • Learn to use financial ratios in measuring enterprise performance
View Curriculum
Requirements
  • You will needed access to Microsoft word and excel to download reading materials.
  • It is advisable to have a note book or scratch paper to easily follow with steps used in calculation of numbers. This will help in easily understanding the concept being explained.
  • A calculator will be useful for working out numbers. Although you can survive through the course without one, you need a calculator in future for exercises which will be added from time to time.
  • This course requires entrepreneurship mindset; you will be learning what it takes to execute an idea into business and application of different finance concept.
Description

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

Intellectual property

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,

 

Enterprise valuation

Valuation process

Capitalization table

Dilution of ownership

Pre-Money and Post Money valuation calculation

Ration Analysis

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.

Who is the target audience?
  • Entrepreneurs
  • Business owners
  • Investors
  • Finance students or anyone interested in learning entrepreneurship finance
Students Who Viewed This Course Also Viewed
Curriculum For This Course
15 Lectures
01:09:43
+
Enterprenuership Tools and Applications
15 Lectures 01:09:43

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.

Preview 02:50

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

  • Societal changes

  • Demographic changes

  • Technological changes
  • Fundermental of Enterprenuership
    02:25

    You will learn where the principles of entrepreneurial finance are drawn from.

    The principles are 9, and they are

    •  Human manpower and financial capital must be rented from owners.

    • Venture financing involves searching for financiers, negotiating and privacy

    •  Financing objective is to increase the value of the venture.

    •  Risk taking and expected return goes together

    •  Accounting is the language of the business, but cash is the king and the currency of the                           business

    •  People have self-interest vested on themselves, it is dangerous to assume otherwise.
    •  Business reputation can be an asset or a liability.
    PRINCIPLES OF ENTREPRENEURIAL FINANCE
    08:42

    You will learn 5 stages of a successful venture life cycle.

    The 5 stages of a successful venture life cycle are,   

    • Development stage

    • Startup stage

    • Survival stage

    • Rapid- growth stage

    • Maturity stage
    Stages of a Successful Venture Life Cycle
    04:01

    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

    • Seed financing

    • Startup financing

    • Second –round, mezzanine, and liquidity stage financing

    • Bank loans, issuing bonds, and issuing stocks

    Also covered is

    • Financial bootstrapping

    • Business angel funding

    • Venture capitalist

    • Role of investment banking firm
    Major Types of Venture Financing
    05:33

    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

    • Transaction purpose

    • Tax purpose
    • Litigation purpose  

    Different approaches for valuation discussed are,

    • Projected cash flow valuation

    • Projected earnings

    • Market and asset valuation method
    ENTERPRISE VALUATION
    07:50

    You will be walked through a financial template on how valuation of an enterprise is performed.

    Points discussed are, 

    • The impact of discounting rates on the value of the enterprise


    • How the perpetual growth rate affects the value of the enterprise.


    • The impact of timeline on financial projections.





    Preview 04:18

    You will learn how capitalization table is used to determine

    • Who owns what in an enterprise and identify ownership percentage

    • How ownership dilution is calculated and how to track percentage of ownership
    • Defining inputs of capitalization table
    • Important of capitalization table



     




    Capitalization Table - Introduction
    04:08

    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.

    Capitalization Table - Ownership Dilution
    01:49

    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,

    • Important of company valuation

    • Picking arbitrary number



    Preview 04:39

    There are advantages and disadvantages on each type of business organization.

    You will learn 4 different forms of business organizations which are

    • Sole proprietorships

    • Partnerships (general and limited)

    • Corporations (regular and sub-chapter S)

    • Limited Liability companies

    Intellectual properties are important to business, you will learn-

    • How to protect valuable intangible assets and type of intellectual property to be protected
    Type of Business Organizations
    04:12

    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-   

    • Generate revenues

    • Make profits

    • Produce free cash flows

    You will learn different section of a business plan which are

    • Cover page, confidentiality statements and table of contents
    • Executive summary
    • Business description
    • Marketing plan and strategy
    • Operations and support
    • Management team
    • Financial plans and projections
    • Risk and opportunities
    • Business plan appendix
    Key Elements of A Business Plan
    09:06

    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

    • The need to protect intellectual property and how intellectual properties are protected
    Intellectual Property
    01:18

    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-

    • Current ratio
    • Quick ratio
    • Assets management ratios
    • Profitability ratios
    • Financial leverage ratios
    Ratio Analysis
    07:56

    This lecture summarizes what have been covered and gives you an insight on the next course to be prepared.  

    The End
    00:56
    About the Instructor
    Moses Muiga
    0.0 Average rating
    0 Reviews
    2 Students
    1 Course
    Accounting and Finance Coach

    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.