Entrepreneurial Finance

This text incorporates many of the materials the author used for her course called "New Firm Financing", developed for students who already have or intend to take positions with high-tech entrepreneurial firms in North Carolina's Research Triangle or start high-tech firms of their own. The book targets the emerging market for a new kind of financial management text created by the current explosion of entrepreneurial activity. It describes financial management problems business founders face as they start, grow and exit their businesses. Coverage includes: financial aspects of the decision to start a business; business plans; sources of start-up funds; creation of financial-information systems; sources of funds for growing the business; evaluation of private businesses; financial contracting; and harvesting the business. The examples are drawn mainly from the high-technology sector.