130 likes | 378 Views
Finance and Resources. Super-project.eu. 1. 2. 3. 4. 5. What is a n integral approach to a new venture financial strategy and support system?. Aims for the session. Financial sources at new venture development stages. Operating resources. Human resources. Contents.
E N D
Finance and Resources Super-project.eu
1 2 3 4 5 What is an integralapproach to a new venturefinancialstrategy and supportsystem? Aims for the session Financialsources at new venturedevelopmentstages Operatingresources Humanresources Contents
Aim for the session • By the end of the session, students will: • understand importance of alignment amongkeyresources in a business venture. • learnabout potential sources of new venture financing and their relation to stage of venture development. • understandkeyareas in operating and human resourcesmanagement in start-updevelopment.
1. Which are KeyResources for New Ventures? • Finance • HumanResources • Operating resources
2. IntegralApproach to a New VentureFinancialStrategy Smithet al. (2011,p.126)
2. IntegralApproach to a New VentureFinancialStrategy FinancialStrategy as a Component of Strategic Planning for New Ventures • Strategic planning for new ventures should simultaneously consider • product-market strategy • organizational strategy • financial strategy • The scope of financial strategy is quite broad • type of financing • amount of financing • financial contracting.
FinancialSources at New VentureDevelopmentStages Source: Smithetal (2011, p. 38)
3. BriefDescription of EachSource of New VentureFinancing Video:Sources Of Capital: Raising Money & Financing https://www.youtube.com/watch?v=KfoVpuIcRLw
4. OperatingResources KeyQuestions to beAnswered by Entrepreneur: • What operating resources are needed? • Where they will come from? • How they will be used? • How their usage will be controlled and monitor
5. HumanResources KeyAreas Recruitment Training Team and Teaming Contracts TheOther HR Admin.
Wrap – up! Thank You ! www.themegallery.com