Maricopa Community Colleges  EPS274   19966-20086 
Official Course Description: MCCCD Approval: 07/22/08
EPS274 19966-20086 LEC 1 Credit(s) 1 Period(s)
New Venture Finance
Planning for the financial needs of a new business venture. Includes identification of financing situations and funding alternatives, options concerning formation of capital, evaluation of capital resources, structure and preparation of a loan package; and valuation of a company for sale or purchase.
Prerequisites: None.
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MCCCD Official Course Competencies:
 
EPS274   19966-20086 New Venture Finance
1. Explain the importance of the business plan in identifying the capital requirements of a new venture. (I)
2. Describe the lending function and its role in banking. (I)
3. Summarize the purpose of the Small Business Administration and the types of loan packages it supports. (I)
4. Describe the role of venture capital and the process for securing funding. (I)
5. Explain the purpose of leasing companies and the process for securing funding. (I)
6. Conduct an evaluation of the capital resources and working capital requirements to fund a specific business venture through its first operating cycle. (II)
7. Describe the major elements of a business loan package. (III)
8. Identify and describe methods for valuing a business for sale. (IV)
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MCCCD Official Course Outline:
 
EPS274   19966-20086 New Venture Finance
    I. Capital Formation Options
        A. Banks
        B. Government assistance programs
        C. Venture capitalists
        D. Leasing companies
        E. Other funding alternatives
      II. Evaluation of Capital Resources
          A. Requirements
          B. Relationship to financial statements
        III. Loan Structuring
          IV. Valuation Methods
              A. The valuation process
              B. Capital evaluation methodologies
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