This class provides a financial overview of the entrepreneurial journey from startup to operational decisions to exit planning. You’ll hear from a business banker guest speaker who explains what lenders look at when deciding whether to make a loan to a small business.
You’ll learn:
- Why and how entrepreneurs start companies
- Business structure selection
- Sources of cash
- Financial struggles of small businesses
- Small business cash flow management
- The financial components of a business plan
- Strategic planning
- Key small business financial metrics
- Pricing and profitability analysis
- Risk management
- Exit planning
This course comes from recordings of an Entrepreneurial Finance class the author teaches to MBA students at a university. The author has been the CFO, SVP of Finance, or Director of Operations at multiple small and medium-sized companies.
Course Key Concepts: Business entities, Business structures, Business plans, Strategic planning, Financial metrics, Pricing, Cash flow management, Profitability, Risk management, Exit planning, Entrepreneur.
Learning Objectives
- Identify the sources of cash for a small business.
- Explore types of business structures.
- Recognize key financial components of business plans and strategic planning.
- Discover the lending criteria for business loans.
- Explore how to assess the profitability of pricing changes.
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Prerequisites
The MBA students who take this course watch my Managing Cash Flow course before we meet as a class. This provides some background detail for some cash flow concepts covered in this course. You can watch that course for more background information for those lessons or just watch this course for a short overview I give for concepts from that course and the items I want to highlight from that course.