Hardcover, Cengage
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.