Overview of Entrepreneurial

Finance and Business Plan

Unit - 1
1.1 Introduction to Entrepreneurial Finance

1.2 Financing options for start-ups

1.3 Meaning, importance of business plan

1.4 Components of business plan

1.5 Feasibility study

Why does an Entrepreneur need Finance?
 To pay for the start-up expenses – basically to start a business
 To run the business
 To expand the business Source
of
Money

Finance

Mobilize Life-
resources Blood
 Introduction to Entrepreneurial Finance

Finance for Entrepreneurs

Involves useful ways of thinking about cash, risk, and value

Different than Personal Finance and

Corporate Finance
 Personal Corporate Entrepreneurial
Finance Finance Finance
• Field of Finance • Here, the chief • All about
where a financial officer applying the
consumer and his team fundamental
would make all make decisions financial
the financial to generate, principles and
decisions for manage, and basic theories
himself and monitor the in the domain
family flow of public of new and
funds in a small-scale
corporation business firms
 More cash is
preferred to
less cash

Three Core
Principles of Cash sooner is
preferred to
Entrepreneurial cash later
Finance

Less risky cash

is preferred to
more risky cash
Stages of Venture Development and Sources
of Financing
Sources of Funding by Venture Development
Stage