BUS 477 Lecture Notes - Lecture 8: Cash Flow
9 Sep 2017
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Different sources of finance for your new business. Valuation methodologies: how value changes over time. Managing risk: risk and the entrepreneur, risk and the investor. How much 1738 do you need: software typical contingency is 20, hardware stuff , contingency will be double. Every new business needs money to finance it: administration; sales and marketing; manufacturing; development; salaries; working capital. High tech and high growth businesses often need more money than low tech businesses. Product based companies often need more money than service based companies. More money means you can grow faster. About half of cambridge high tech companies have used no investment beyond seed funding. Interpersonal selling: social (cid:373)edia does(cid:374)"t cou(cid:374)t as a (cid:373)arketi(cid:374)g strategy, look at if there"s a(cid:374) eve(cid:374)t you (cid:374)eed to atte(cid:374)d, a product launch. Period by period: cost, revenues, capital, people building the right team, tasks, gates and milestones. Show what metrics are driving your growth: what"s drivi(cid:374)g your sales.
