WHAT'S NEW?  

Grades are updated.  (12/3/2002).  
Answers to the scavenger hunt are posted.  Winners are Matt Moothart and Matthias Kraemer.  Congratulations! 
No class Wednesday, Nov. 6.  No class Monday, Nov. 11.  Use the time EFFICIENTLY to work on your semester projects.  Be sure to re-read the instructions for the project!!!!!
Short Term Credit Costs spreadsheet answers are posted.  Includes comments in the cells where common mistakes occurred, explaining what SHOULD have happened in that particular spot.  Go through the correct answers to see where your mistakes showed up in order to see why you got the grade you did.  Also linked is a well-executed "A" grade spreadsheet.  (posted 11/1/2002)
No class Wednesday, Nov. 6
Semester project information is updated with the specifications for turning in the full project.  (added 10/29/2002)
Midterm grades are posted (10/13/2002, and updates 10/20/2002)
Topics and Dates entered for Unit 3 5/10/15 presentations
Open book Management links (10/7/2002)
Extra Credit Opportunity!  (added 10/2/2002)
Grades are posted (added 9/27/2002)
Information about the Writing Center is posted.  (added 9/3/2002)
Link to Reference Librarian Reference List for the Semester Project (added 8/28/2002)
Subscribe to The Wall Street Journal.  (8/23/2002)

DETAILS and Quick links    Unit 2

Unit 1:  Introduction to Entrepreneurial Finance

	Corporate Finance vs. Entrepreneurial Finance
	Wed, Sep 4--Critical Financial Issues for Entrepreneurs Cash Flow Cycle Pattern Analysis and Forecasting Microsoft PowerPoint presentation Financial Statement Cycle
	Selection and Use of Advisors
	Mon, Sep 9--Special Considerations for Microbusiness Microenterprise and Microlending in the US

Readings:  (Also, see Resources for Unit 1)

	p. 1-23 (Sahlman, "What Should Entrepreneurs Know?")
	p. 24-48 (Timmons, New Venture Creation, Chapter 12 "Entrepreneurial Finance")
	p. 49-56 (Stevenson and Sahlman, "How Small Companies Should Handle Advisors")

Activities and Assignments:  

	Open the "Information Gathering--Who Are You?" powerpoint presentation listed above.  Fill in the appropriate information and email the file to jgasper@creighton.edu before class on Monday, August 26.
	Wednesday, August 28--Learning about Internet and Print Resource Research Strategies and Techniques--Guest Speakers, Mike Poma and Jennifer Campbell, Reinert Alumni Library.  Link to web bibliography
	Wednesday, September 4--Turn in your intended industry and team members (if applicable)
	Unit 1 Major assignment due Monday, September 16
	Unit 1 Minor assignment due Monday, September 23

No Class, Wednesday, September 11-- Mass of the Holy Spirit and 9/11 Remembrance

No classes-- October 14-18, Fall Break

Unit 2:  Running an Entrepreneurial Enterprise

	Planning, Financial Statements
	Short-term Financial Management Working Capital Management Microsoft Power Point presentation Liquid Asset and Cash Management Microsoft Power Point presentation Inventory Management Microsoft Power Point presentation Short-term Credit Management Microsoft Power Point presentation, Short-term Credit Calculations Microsoft EXCEL Workbook
	Relationships with Stakeholders--Class discussion Oct 7

Readings:  (Also see Resources for Unit 2)

	p. 57-76 (Hisrich and Peters, Entrepreneurship, Chapter 9 "The Financial Plan")
	p. 77-96 (Brealey and Myers, "Short-Term Financial Planning")
	p. 97-111 (Brealey and Myers, "Cash Management")
	p.  112-126 (Brealey and Myers, "Credit Management")
	p. 361-372 (Case, Harvard Business Review, "Opening the Books")
	p. 373-378 (Business Week, "The Two Bottom Lines:  Profits and People")

Activities and Assignments:

	October 2--WORK DAY IN CLASS FOR SEMESTER PROJECT--Get advice, help, motivation, free cookies!
	Get assignments for Units 3 and 4 Major assignment:  5/10/15 presentations
	Unit 2 Minor  Assignment due BEFORE FALL BREAK (this is the ethics essay; see Assignments for Unit 2)
	Unit 2 Major  Assignment due BEFORE FALL BREAK (this is the short term credit management cost calculations; see Assignments for Unit 2)

Week 12-- November 11, 13

Unit 3--Long-Term Financial Management for the Entrepreneurial Enterprise

	Sources of Long-Term Capital
	Valuation Issues

Readings: (Also see Resources for Unit 3)

	p. 127-143 (Stancill, "How Much Money Does Your New Venture Need")
	p. 144-151 (Roberts and Stevenson, "Alternative Sources of Financing")
	p. 152-176 (Hisrich and Peters, Entrepreneurship, Chapter 11 "Sources of Capital")
	p. 177-199 (Timmons, New Venture Creation, Chapter 15 "Obtaining Debt Capital")
	p. 200-207 (Viscione, "How Long Should You Borrow Short Term?")
	p. 208-215 (Timmons and Sander, "Everything You 'Don't' Want to Know About Raising Capital")
	p. 216-225 (Roberts, "Valuation Techniques")

Activities and Assignments

5/10/15 presentations (see Unit 3 Major Assignment) Mon Oct 28--3 Valuation Approaches Wed Oct 30--Debt vs. Equity, and Bootstrap Financing Mon Nov 4--Bank Lending, and Loan Covenants Wed Nov 13--SBA Lending, Lease etc. Lending

No classes--  November 27-29, Thanksgiving Break

Unit 4--Growth and Exit Strategies

	Venture Capital
	Going Public
	Selling Out
	Bankruptcy

Readings: (Also see Resources for Unit 4)

	p. 226-255 (Hisrich and Peters, Entrepreneurship, Chapter 12 "Informal Risk Capital and Venture Capital")
	p. 256-280 (Timmons, New Venture Creation, Chapter 13 "Obtaining Venture and Growth Capital
	p. 281-308 (Timmons, New Venture Creation, Chapter 14 "The Deal:  Valuation, Structure, and Negotiation")
	p. 309-318 (Business Week, "How a VC Does It")
	p. 319-329 (Hoffman and Blakey, "You Can Negotiate with Venture Capitalists")
	p. 330-336 (Rock, "Strategy vs. Tactics from a Venture Capitalist")
	p. 337-359 (Hisrich and Peters, Entrepreneurship, Chapter 16 "Going Public")

Activities and Assignments

	Scavenging for Jewels--Unit 4 Major Assignment--Due Wednesday, Nov 20
	Semester Project Unit 2 material--Due before Thanksgiving Break