Today even the smallest business can choose from among a wide array of potential sources of capital. In most cases, however, the selection is dictated by the stage of development of the company and the anticipated growth potential of the business in the future. Among the possible sources to...

When contemplating the need and desire to raise capital for use in launching a new business or expanding an existing one, consideration must be given to the type of securities that will be offered and sold to investors. Assuming that the business is operating in the corporate form, a choice must...

Businesses seeking capital to finance current operations and growth must tap into available “financial systems,” which develop locally, nationally and even globally to facilitate channeling of funds from agents with surpluses to agents with deficits. Researchers looking to analyze and...

While some founders may be able to raise financing from venture capitalists without a complete business plan or finished product prototype because of their previous track record and existing relationships with those types of investors, the more likely scenario is that founder will need to find...

Financing is an essential element for establishing a new business, launching a new product or service, or expanding an existing business through internal growth or acquisition. It is likely that entrepreneurs and managers will, regardless of the size of their businesses, need to venture into the...

Entrepreneurship is a popular topic for researchers and policymakers around the world and much of the work in the area does not distinguish new businesses by size or strategy. However, it is now widely acknowledged that a sub-class of entrepreneurs, often referred to as “growth-oriented...

While there is no universally accepted definition of a “developing country” it is acknowledged that almost two-thirds of the countries in the world are significantly challenged in their ability to provide a basic standard of living for their citizens and participate competitively in the...

Sustainable entrepreneurship is the continuing commitment by businesses to behave ethically and contribute to economic development while improving the quality of life of the workforce, their families, the local and global community as well as future generations. This definition recognizes...

One of the most important steps in completing the financing of any business is the preparation of the materials that describe the company’s business and its owners as well as the required financing and the terms of the securities being offered. These “disclosure” or “offering”...

Obtaining the financing necessary to develop a successful business is one of the major challenges facing any company. There are a number of different sources of capital, including the sale of equity and debt securities to private and public investors, commercial loans and government financing....