• Summary
  • Contents
  • Subject index

This book is designed to help entrepreneurs understand how to obtain funding from an investor for the creation or development of a new business venture. It discusses how to evaluate a business concept from an investor's perspective before moving onto an examination of the practical issues involved, such as writing a compelling business plan and making a convincing presentation.

Sources of Early-Stage Financing
Sources of early-stage financing

The number of new enterprises launched in the United States has grown rapidly from about 1 million in 1981 to 18 million in 1988, and it is estimated to reach 30 million by the year 2000.1 These new,2 small, and expanding firms generate virtually all new jobs.3 They also generate 50% of all innovations and 95% of all radical innovations.4 Access to early-stage capital is one of the key contributing factors to new venture survival and growth and, thus, to increased employment and ongoing technological innovation.

Raising capital is important to all firms but in particular to new ventures whose growth gives them an amazing appetite for cash. For example, Briazz, a Seattle-based salad and sandwich cafe chain, required ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles