For courses in Financial Planning for the Entrepreneur, Financing for Small Business, Small Business Management, Principles of Finance, Personal Finance, and Entrepreneurship.
Written from the viewpoint of the sole proprietor, partnership, Limited Liability Company, or private corporation, this text provides financial statements for every type of business, not just corporations; and includes balance sheets that show a negative equity position, as many businesses do get into financial difficulty or declare bankruptcy. Entrepreneurial Finance includes an extensive chapter on personal finance and covers every type of retirement program available to the small-business owner. Written in the first person that speaks directly to the small business owner, this text provides practical problems, reflects current Federal Reserve policy, and gives specific uses for each of the six formulas presented regarding the time value of money.
CD-ROM INCLUDED!
CD-ROM contains files for
- All financial statements, time value of money tables and spreadsheets in the book prepared in Microsoft® Excel™ format.
- An amortization table for loans of any duration and interest rate. Users add principle payments to determine interest paid and length of loan.
- Templates for developing all formulas and spreadsheets appropriate to each user's own business ideas.
WHAT'S NEW? On the pages find
- Instruction on current companies' books. Users can verify and update financial statements for analysis.
- Starbucks Corporation is highlighted using data from EDGAR on the SEC web site.
- Easy-to-understand, practical examples for each time value of money formula (inflation, retirement planning, and mortgages.)
- Current market interest rates.
- Recent tax law changes impact on retirement. Increased phase-in limits to individual and business retirement plans through 2008.