Raising Entrepreneurial Capital, 2nd Edition

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Introduction

John Vinturella and Suzanne Erickson

Getting Started

This book is about financing the entrepreneurial venture. Why devote a whole book just to financing? Financial choices, especially ones made early on, can affect future growth opportunities and strategic options. To avoid precluding desirable strategic actions later on, the entrepreneur needs to carefully structure the business from day 1. Many potential entrepreneurs have a great idea for a business, but without a sound financial road map to execute it, the idea will remain simply an idea.

In this book, we consider financing issues at all stages of the venture’s life, from the birth of the company through its growth the sale of the business or its shutdown. We consider internal ...