View all news

New Book Offers Introduction to Venture Finance, Examines the Importance of Formulating an Overall Financial Strategy for Your Business

01/18/2013

As technology progresses, impacting our daily lives in more and greater ways, technology start-ups come and go at a dizzying pace. There are plenty of opportunities out there for anyone with a great idea, but it takes much more than a great idea to make your tech start-up a success. In addition to creativity and new ideas, being a successful tech entrepreneur requires strategic decision-making in terms of business planning, financial planning, negotiations, and corporate governance.

According to Start-Up Guide for the Technopreneur, many business start-ups fail because of financial starvation. “Although having founders with a passion for and expert knowledge in their particular innovative product or service, they are inexperienced in and possibly intimidated by the financial aspects of starting, growing, and profitably exiting a business,” notes the author, David Shelters, who say that many entrepreneurs are not familiar enough with issues of finance to recognize what questions they need to ask and answer in order to learn.

Shelters, a business consultant with more than 15 years of experience in this field, shares his insights and experiences to guide entrepreneurs in strategic planning, fundraising, negotiations, organization, and financial decision making through the book.

The book, published by Wiley, is a primer for entrepreneurs organized to reflect the natural sequence of events experienced by entrepreneurial ventures, from conception to successful exit. It includes a sample financial plan and funding proposal to help you craft a business plan from a strategic financial perspective and formulate an overall financial strategy for your business.

Shelters expressed in his book, “Entrepreneurs, who are far smarter and more familiar with their innovations, can answer the important questions much better themselves—once they know what they are.”

This thought-provoking and informative book is essential reading for current or prospective technology entrepreneurs who are looking to realize their full creative potential and achieve maximum profit from their hard work.

Start-up Guide for the High-Tech Entrepreneur is now available. For more info, go to:www.wiley.com/buy/9781118518472.

Multimedia Files:

View all news