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Entrepreneurial Finance, 7th Edition

J. Chris Leach, Ronald W. Melicher

  • {{checkPublicationMessage('Published', '2020-03-09T00:00:00+0000')}}
Starting At $84.95 See pricing and ISBN options
Entrepreneurial Finance 7th Edition by J. Chris Leach/Ronald W. Melicher

Overview

Guide students through a complete "life cycle of the firm" with Leach/Melicher's ENTREPRENEURIAL FINANCE, 7E. This leading text introduces the theories, knowledge and corporate finance tools and techniques today's entrepreneur needs to start, build and eventually harvest a successful venture. Students learn how to secure financing, use business cash flow models and strategically position their early-stage companies as this edition emphasizes sound financial management practices. Students also learn how to interact effectively with financial institutions and regulatory agencies that can affect venture growth and ensure liquidity for investors. Whether in print or full-color eBook form, this edition's capstone cases, mini-cases and examples draw from actual entrepreneurial ventures and the latest financial scenarios to illustrate important concepts, such as venture capital funds, institutional investors, strategic alliances, the role of business angels, licensing agreements and exit strategies.

J. Chris Leach

The late J. Chris Leach was professor of finance, the W.W. Reynolds Capital Market Program Chair and formerly Robert H. and Beverly A. Deming Professor in Entrepreneurship at the Leeds School of Business, University of Colorado Boulder. He received a finance Ph.D. from Cornell University, began his teaching career at the Wharton School and was a visiting professor at Carnegie Mellon, the Indian School of Business and the Stockholm Institute for Financial Research (at the Stockholm School of Economics). His teaching experience included courses for undergraduates, MBAs, Ph.D. students and executives. He was recognized as Graduate Professor of the Year and received multiple awards for MBA Teaching Excellence. His research on a variety of topics was published in The Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Business, Journal of Accounting, Auditing and Finance, Review of Economic Dynamics and Journal of Money, Credit and Banking, among other journals. Chris’s business background included various startups, dating back to his early teens in the 1970s. During his transition to the University of Colorado, he was the chairman of a New Mexico startup and later, as an investor and advisor, participated in a late 1990s Silicon Valley startup that subsequently merged into a public company. His consulting activities included business and strategic planning advising, valuation and deal structure for early-stage and small businesses. He was a faculty advisor for the Deming Center Venture Fund. MBA teams Chris advised qualified for 12 international championships of the Venture Capital Investment Competition.

Ronald W. Melicher

Ronald W. Melicher is professor emeritus of finance in the Leeds School of Business at the University of Colorado Boulder. He earned his undergraduate, MBA and doctoral degrees from Washington University in St. Louis, Missouri. While at the University of Colorado, he received several distinguished teaching awards and was designated as a university-wide President’s Teaching Scholar. He also has held the William H. Baugh Distinguished Scholar faculty position, served three multi-year terms as chair of the Finance Division, served as the faculty director of the Boulder Campus MBA Program and twice was the academic chair of the three-campus executive MBA Program. Ron is a former president of the Financial Management Association. Ron has taught entrepreneurial finance at both the MBA and undergraduate levels, corporate finance and financial strategy in the MBA and Executive MBA programs and investment banking to undergraduate students. While on sabbatical leave from the University of Colorado, Ron taught at the INSEAD Graduate School of Business in Fontainebleau, France, and at the University of Zurich in Zurich, Switzerland. He has delivered numerous university-offered executive education noncredit courses and has taught in-house finance education materials for IBM and other firms. He has given expert witness testimony on cost of capital in regulatory proceedings and provided consulting expertise in the areas of financial management and firm valuation. Ron’s research interests focus on mergers and acquisitions, corporate restructurings and the financing and valuation of early-stage firms. His previous research has been published in major finance journals, including the Journal of Finance, Journal of Financial and Quantitative Analysis and Financial Management. He is the co-author of "Introduction to Finance: Markets, Investments, and Financial Management," 17th Edition (John Wiley & Sons, 2020).
  • FULL-COLOR EBOOK OR PRINTED EDITION REFLECTS THE MOST RECENT CHANGES IN TODAY'S SECURITIES AND TAX LAWS. This edition highlights the latest developments in securities and tax laws in print or within the new, inviting eBook format. Revised and reorganized chapter-opening Learning Objectives guide students through timely, prominent topics in each major section of every chapter.
  • UPDATED END-OF-CHAPTER MATERIALS WITH ENGAGING MINI-CASES PROVIDE OPPORTUNITIES TO APPLY CONCEPTS. Each chapter concludes with an extensive variety of learning features to help students review and apply the material, assess their understanding and identify any areas where they need additional clarification.
  • "FROM THE HEADLINES" MINI-ARTICLES FEATURE NEW VENTURES. Students immediately understanding the importance and relevance of what they are learning with these stage-relevant recent examples of new ventures that appear throughout this edition.
  • ENGAGING, CONVERSATIONAL STYLE ENSURES AN UNDERSTANDABLE, STUDENT-FRIENDLY PRESENTATION The authors' conversational, reader-friendly tone and straightforward explanations make even complex financial concepts easier to understand, apply and retain.
  • TIME-SAVING INSTRUCTOR MATERIALS SIMPLIFY CLASS PREPARATION. This edition's robust companion website includes a wealth of resources to enhance your teaching experience, engage your students and reduce your preparation time.
  • TWO CAPSTONE CASES ENABLE STUDENTS TO SYNTHESIZE ESSENTIAL IDEAS. In addition to thorough coverage of key concepts and extensive real-world examples that bring concepts to life, this edition offers two in-depth capstone cases that give students significant and valuable hands-on experience.
Part 1: THE ENTREPRENEURIAL ENVIRONMENT.
1. Introduction to Finance for Entrepreneurs.
2. Developing the Business Idea.
Part 2: ORGANIZING AND OPERATING THE VENTURE.
3. Organizing and Financing a New Venture.
4. Preparing and Using Financial Statements.
5. Evaluating Operating and Financial Performance.
Part 3: PLANNING FOR THE FUTURE.
6. Managing Cash Flow.
7. Types and Costs of Financial Capital.
8. Securities Law Considerations When Obtaining Venture Financing.
Part 4: CREATING AND RECOGNIZING VENTURE VALUE.
9. Projecting Financial Statements.
10. Valuing Early-Stage Ventures.
11. Venture Capital Valuation Methods.
Part 5: STRUCTURING FINANCING FOR THE GROWING VENTURE.
12. Professional Venture Capital.
13. Other Financing Alternatives.
14. Security Structures and Determining Enterprise Values.
Part 6: EXIT AND TURNAROUND STRATEGIES.
15. Harvesting the Business Venture Investment.
16. Financially Troubled Ventures: Turnaround Opportunities?
Part 7: CAPSTONE CASES.
Case 1. Eco-Products, Inc.
Case 2. Spatial Technology, Inc.

Textbook Only Options

Traditional eBook and Print Options

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  • ISBN-10: 035713074X
  • ISBN-13: 9780357130742
  • RETAIL $84.95

  • ISBN-10: 0357442040
  • ISBN-13: 9780357442043
  • RETAIL $279.95