MAN 325 - Small Business Finance

This course explores the financial operations, management, and investment planning of small businesses and startups. Students will gain an understanding of the principles of entrepreneurial finance, the role of the financial manager, and the stages of a successful venture’s life cycle. They will learn how to develop a business idea, organize and finance a new venture, and prepare and use financial statements, including balance sheets, income statements, and cash flow statements. In addition, students will evaluate operating and financial performance using financial performance measures, financial ratios, and cash burn rate measures and manage cash flow at various stages in a venture’s life cycle. They will also learn about the types and costs of financial capital, securities law considerations when obtaining venture financing, and how to project financial statements and value early-stage ventures using various methods. By the end of this course, students will have the skills and knowledge needed to make qualitative and quantitative decisions when managing a small business or startup.

Prerequisites: ACC 314, or permission of instructor.

Course Typically Offered Every Spring

Credits: 3