The Business Life Cycle

Choose a business venture (less than ten years old - and for which you can obtain information) and answer the following questions:

Describe the business activity, location and date of establishment.

Describe the life cycle stages that your chosen venture has progressed through to date.

What types of venture financing have been obtained, or are being sought, by your chosen venture?

What types of agency problems or conflicts should the founding entrepreneur have anticipated?

Assuming the venture succeeds, what are the potential advantages to other stakeholders (customers, employees, and society more broadly)?

If internal sales growth projections are revised downward after the current financing round, what, if any, disclosure to stakeholders (investors, employees, customers, etc.) should occur? Why?

The Business Entrepreneur

Provide a comprehensive description of the role of a "business entrepreneur" in achieving the success of a business. Be sure to explain how this role differ from that of a "businessman"?

Financial Bootstrapping

Define fincial boot strapping. Using an example explain how financing is obtained via financial bootstrapping and through business angels. Discuss the advantages and disadvantages of fincial boot strapping.