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ENT301A
Many start-ups fail because aspiring entrepreneurs do not grasp the funding and financial modelling.
In order to successfully pitch to investors and Venture Capitalists (VCs), it is important to establish a strong business organisation that projects growth. To do this, it is crucial that the budding entrepreneurs can manage finances effectively by creating a financial model that allows them to make a profit and plan for growth.
The first purpose is to help budding entrepreneurs understand how to manage their finances effectively by creating a financial model that allows them to make a profit and plan for growth. Secondly, this subject looks at various methods of financing a business. From using savings to establish a business, asking for help from friends and family, crowdfunding options, grants as well as business loans, angel investors, and venture capital firms. With financing and pitching to investors and VCs, it’s important to establish a strong business organisation that projects growth.
The subject aims to help students understand the financial decision-making process largely from the point of view of the founder of an entrepreneurial venture. Students will learn to apply corporate finance tools and concepts related to modelling, valuation, control, and investment decisions within an entrepreneurial context. They will use cases with firms at different stages of their life cycles from initial angel or venture capital investments through exit decisions. Finally, students will explore new developments in entrepreneurial finance such as crowdfunding and early liquidity provisions.
a) Review terms such as financial forecast, revenue forecasting, expense forecasting, integrated financial model, profits and losses.
b) Design a financial forecast for a start-up.
c) Assess how to manage the financial resources associated with a business.
d) Evaluate various types of financing for a start-up.
e) Reflect on how to obtain financing and approach investors.
No | Type | Weighting | Learning Outcomes |
1 | Bootstrapping Strategy Report | 25% | a, c, d, e |
2 | Cost/revenue Model Report | 35% | a, b, c, d, e |
3 | Venture Pitch & Reflection | 40% | d, e |