This book provides a framework for understanding micro, small and medium sized enterprises (MSMEs) as important contributors to economic growth. By examining the economic and investment decisions behind these businesses, the author shows how managers of MSMEs can add value to the firm by applying managerial finance tools. Early chapters establish the basic tenets of new venture development and financing and explore the economic environment that business-owners inhabit, focusing on venture capital, microfinance intervention, and public sector interventions. Later chapters guide the reader through the process of financial planning and forecasting, and valuation, finishing with insights into how to harvest investments and make sound financial decisions. The book has interdisciplinary appeal and offers a timely consideration of MSMEs in developing economies. It will be valuable reading for all interested in the management and development of small businesses, the finance of entrepreneurship and policy affecting small and medium sized enterprises.
Les mer
This book provides a framework for understanding micro, small and medium sized enterprises (MSMEs) as important contributors to economic growth. Later chapters guide the reader through the process of financial planning and forecasting, and valuation, finishing with insights into how to harvest investments and make sound financial decisions.
Les mer
Part 1) The Entrepreneurial Setting.- Chapter 1) Introduction to Entrepreneurial Finance.- Chapter 2) New Venture Development and Sources of Financing.- Chapter 3) Business Planning.- Part 2) The Financial Environment and Finance Providers.- Chapter 4) The Financial Environment and Small Businesses.- Chapter 5) Venture Capital Finance.- Chapter 6) Microfinance Intervention.- Chapter 7) Public Sector Interventions and Small Businesses.- Part 3) Financial Performance and Planning.- Chapter 8) Understanding and Analysing Financial Statements.- Chapter 9) Financial Planning and Forecasting.- Chapter 10) Working Capital Management.- Part 4) Valuation.- Chapter 11) Time Value of Money.- Chapter 12) Evaluating Investment Decisions: Capital Budgeting.- Chapter 13) Valuation of New Ventures and Small Businesses.- Part V) Financing Choice and Harvesting.- Chapter 14) Financing Choice.- Chapter 15) Harvesting the Business Venture Investment.
Les mer
This book provides a framework for understanding micro, small and medium sized enterprises (MSMEs) as important contributors to economic growth. By examining the economic and investment decisions behind these businesses, the author shows how managers of MSMEs can add value to the firm by applying managerial finance tools. Early chapters establish the basic tenets of new venture development and financing and explore the economic environment that business-owners inhabit, focusing on venture capital, microfinance intervention, and public sector interventions. Later chapters guide the reader through the process of financial planning and forecasting, and valuation, finishing with insights into how to harvest investments and make sound financial decisions. The book has interdisciplinary appeal and offers a timely consideration of MSMEs in developing economies. It will be valuable reading for all interested in the management and development of small businesses, the finance of entrepreneurship and policy affecting small and medium sized enterprises.
Les mer
Specifically focuses on developing countries Provides a good overview of MSME development and their unique characteristics Demonstrates how MSMEs contribute to economic growth Explores the challenges MSMEs face in their development Provides readers with a good understanding of the financial issues confronting MSMEs Applies traditional tools of finance in a developing country context
Les mer
GPSR Compliance The European Union's (EU) General Product Safety Regulation (GPSR) is a set of rules that requires consumer products to be safe and our obligations to ensure this. If you have any concerns about our products you can contact us on ProductSafety@springernature.com. In case Publisher is established outside the EU, the EU authorized representative is: Springer Nature Customer Service Center GmbH Europaplatz 3 69115 Heidelberg, Germany ProductSafety@springernature.com
Les mer

Produktdetaljer

ISBN
9783319340203
Publisert
2016-11-18
Utgiver
Vendor
Springer International Publishing AG
Høyde
235 mm
Bredde
155 mm
Aldersnivå
Professional/practitioner, P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet

Om bidragsyterne

Joshua Yindenaba Abor is a Professor of Finance and the Dean at the University of Ghana Business School. He is a researcher with the African Economic Research Consortium. Joshua is a Visiting Professor of Development Finance at the UCT Graduate School of Business, University of Cape Town, South Africa, and has also held Visiting Scholar positions at the IMF, Washington DC, USA.