What this course is about
This course discusses the aspects of securing the finances of a new entrepreneurial venture. The focus will primarily rest on the entrepreneur wishing to start a Microenterprise or Small-Medium enterprise (SME).
This course is a series of questions an entrepreneur needs answer before starting out on a new venture. Since each answer is very individual to the entrepreneur, the opportunity and the entrepreneur’s environment, the course will guide the entrepreneur in making their own assessment. While the course focuses on the financing of the ventures, no venture can be built on finances alone. it also deals with important related issues.
While most of the priciples invovled are applicable anywhere in the world, the course will focus specifically on opportunities and challenges facing the South African entrepreneur.
By the end of this course the learner will be able to;
Analyze the suitability of the venture in terms of the entrepreneur’s own personal characteristics, the viability of the opportunity and the environment in which the entrepreneur operates
Ascertain the amount of funding needed
Analyze the extent and degree to which the entrepreneur can self-fund the venture
Analyze the extent and degree to which others may be interested to help fund the venture
Analyze the options of havings others financially participate in the venture directly (equity) or indirectly (debt)
Determine the interests third parties have in becoming (financially) involved
Prepare an appropriate sales pitch (pitch deck) for interested parties.