10. Plan of conducting sswt

№

Assignment

Form of conducting

Full time

1

Chapter 1 – Introduction and overview

Entrepreneurship fundamentals. Who is an Entrepreneur? Principles of Entrepreneurial finance. The Successful venture life cycle. Financing through the venture life cycle.

Reading and solving the problem sets

2

Chapter 2 – From the idea to the business plan

Process for identifying business opportunities. Learn from the best practices of successful entrepreneurial ventures. Time-to-market and other timing implications. Screening venture opportunities. Key elements of business plan.

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3

Chapter 3 – Organizing and financing a new venture

Forms of business organizations. Intellectual property. Seed, startup, and first-round financing sources.

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4

Chapter 4 – Measuring financial performance

Obtaining and recording the resource necessary to start and build a new venture. Business assets, liabilities, and owners’ equity. Sales, expenses, and profits.

Reading and solving the problem sets

5

Chapter 5 - Evaluating financial performance

Using financial ratios. Cash burn rates and liquidity ratios. Conversion period ratios. Leverage ratios. Profitability and efficiency ratios. Industry comparable ratio analysis.

Reading and solving the problem sets

6

Chapter 6 – Financial planning: Short and long term

Financial planning throughout the venture’s life cycle. Short-term cash-planning tools. Projected monthly financial statements. Beyond survival: systematic forecasting. Percent-of-Sale projected financial statements.

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7

Chapter 7 – Types and costs of financial capital

Implicit and explicit financial capital costs. Financial markets. What is investment risk? Estimating the cost of equity capital. Weighted average cost of capital.

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8

Chapter 8 – Securities law considerations when obtaining venture financing

Review of sources of external venture financing. Process for determining where securities must be registered. Registration of securities under the securities act of 1933. SEC’s regulation D: safe-harbor exemptions.

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9

Chapter 9 – Valuing early-Stage Ventures

What is a venture worth? Required versus surplus cash. Just-in-time equity valuation: pseudo dividends.

Reading and solving the problem sets

10

Chapter 10 – Venture capital valuation methods

Brief review of basic ahs flow-based equity valuations. Basic venture capital valuation method. Earning multipliers and discounted dividends. Adjusting VCSCs for payments to senior security holders.

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11

Chapter 11 – Professional venture capital

Professional venture investing cycle. Organizing the new fund. Conducting due diligence and actively investing. Arranging harvest or liquidation. Disturbing cash and securities proceeds.

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12

Chapter 12 – Other financial alternatives

Facilitators, consultants, and intermediaries. Commercial and venture bank lending. Credit cards. Receivables lending and factoring.

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13

Chapter 13 – Security structures and determining enterprise values

Common stock or common equity. Preferred stock or preferred equity. Convertible debt. Warrants and options. Valuing ventures with complex capital structures: the enterprise method.

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14

Chapter 14 – Harvesting the business venture investment

Venture operating and financial decisions revisited. Planning an exit strategy. Systematic liquidation. Outright sale. Going public.

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15

Chapter 15 – Financially troubled ventures: turnaround opportunities

Venture operating and financial overview. Resolving financial distress situations. Private workouts and liquidations. Federal bankruptcy law.

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