Finance for Entrepreneurial Companies: Financing Instruments - Technical Note
Subject
Accounting, Marketing
Authors / Editors
Mullins J;Johnson R M;Pesenti S
Biographies
Publication Year
2021
Abstract
Despite today’s growing attention to bootstrapping and the use of customer funding in the financing of new ventures, many new ventures, be they a startup or a plan to grow an existing business, will require some initial injection of capital to finance the fixed assets, working capital, and operating expenses needed to pursue the opportunity. Although the entrepreneur will make projections of such costs and of future cash flow and profitability, these forecasts will be uncertain. Any proposed method of financing needs to allow for these uncertainties.
Topic List
Entrepreneurship
LBS Case Number
TCN-21-001
Location
International
Publication Notes
https://publishing.london.edu/cases/finance-for-entrepreneurial-companies-financing-instruments-technical-note/
Available on ECCH
No