Entrepreneurial Financial Management
An Applied Approach
6th Edition
Published on 9. October 2024
346 pages
978-1-040-13097-1 (ISBN)
Description
Now in its sixth edition, this classic and comprehensive resource presents an applied, realistic view of entrepreneurial finance for today's entrepreneurs. The book provides an integrated set of concepts and applications, drawing from entrepreneurship, finance, and accounting, that will prepare aspiring entrepreneurs for the world they will most likely face as they start their new businesses.
The contents are designed to follow the life cycle of a new business venture. Topics are presented in logical order, as entrepreneurs will likely face them, from business start-up through to growing the business. Each chapter includes discussion questions and opportunities for application. PowerPoint slides and problem solutions are available for instructors. A comprehensive financial spreadsheet template is also included with the text, which allows for the application of the concepts to actual businesses and is a valuable supplement to the process of developing a full business plan. This new edition includes new examples throughout, an expanded discussion of the role of entrepreneurial financial management in business modeling, and updated current practices in bootstrapping and sources of financing.
Entrepreneurial Financial Management will be a valuable resource for undergraduate and graduate students of entrepreneurship and budding entrepreneurs alike.
The contents are designed to follow the life cycle of a new business venture. Topics are presented in logical order, as entrepreneurs will likely face them, from business start-up through to growing the business. Each chapter includes discussion questions and opportunities for application. PowerPoint slides and problem solutions are available for instructors. A comprehensive financial spreadsheet template is also included with the text, which allows for the application of the concepts to actual businesses and is a valuable supplement to the process of developing a full business plan. This new edition includes new examples throughout, an expanded discussion of the role of entrepreneurial financial management in business modeling, and updated current practices in bootstrapping and sources of financing.
Entrepreneurial Financial Management will be a valuable resource for undergraduate and graduate students of entrepreneurship and budding entrepreneurs alike.
Reviews / Votes
"Cornwall et al.'s book takes an applied approach that teaches students entrepreneurial financial skills. It does not require students to have a strong finance background and is written for undergraduates who want to gain an understanding of the topics that everyone who is planning a start-up venture should know."-Dr Jay Azriel, Lycoming College, Williamsport, Pennsylvania, USA
"In my teaching experience, I realized that entrepreneurial finance is the weakest link in the entrepreneurship student's skill set. After reviewing several books, I've found the sixth edition of Entrepreneurial Financial Management to be the best resource for understanding the subject."
-Kanhaiya Sinha, PhD, University of Minnesota Dulut, USA
More details
Edition
6th edition
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
58 Tables, black and white; 52 Line drawings, black and white; 52 Illustrations, black and white
ISBN-13
978-1-040-13097-1 (9781040130971)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Jeffrey R. Cornwall | David O. Vang | Jean M. Hartman
Entrepreneurial Financial Management
An Applied Approach
Book
10/2024
6th Edition
Routledge
€303.20
Shipment within 10-20 days
Jeffrey R. Cornwall | David O. Vang | Jean M. Hartman
Entrepreneurial Financial Management
An Applied Approach
Book
10/2024
6th Edition
Routledge
€103.70
Shipment within 10-20 days
Persons
Jeffrey R. Cornwall is professor emeritus of entrepreneurship at Belmont University in Nashville, Tennessee. He has a DBA and an MBA from the University of Kentucky.
David O. Vang is a professor of finance in the OPUS College of Business at the University of St. Thomas in St. Paul, Minnesota. He received a bachelor's degree, summa cum laude, from St. Cloud State University in Minnesota with majors in economics and political science.
Jean M. Hartman holds a BA in business administration and accounting from Southwest Minnesota State University and an MBA from the University of St. Thomas. She is a certified public accountant.
David O. Vang is a professor of finance in the OPUS College of Business at the University of St. Thomas in St. Paul, Minnesota. He received a bachelor's degree, summa cum laude, from St. Cloud State University in Minnesota with majors in economics and political science.
Jean M. Hartman holds a BA in business administration and accounting from Southwest Minnesota State University and an MBA from the University of St. Thomas. She is a certified public accountant.
Content
1. Introduction PART I: BUILDING A FINANCIAL FORECAST 2. Setting Financial Goals 3. Understanding Financial Statements 4. Revenue Forecasting 5. Expense Forecasting 6. Integrated Financial Model PART II: MANAGING THE FINANCIAL RESOURCES OF A VENTURE 7. Monitoring Financial Performance 8. Day-to-Day Cash Flow Management and Forecasting PART III: SOURCES OF FINANCING 9. Financing over the Life of a Venture 10. Start-Up Financing from the Entrepreneur, Friends, and Family 11. Bootstrapping 12. External Sources of Funds: Equity 13. External Sources of Funds: Debt 14. Financing the High-Growth Business PART IV: PLANNING FOR THE ENTREPRENEUR'S TRANSITION 15. Business Valuation 16. Exit Planning
