“An excellent foundation book combining basic accounting fundamentals with a comprehensive study of the options for financing new ventures from bootstrapping to IPOs.” (*) This practical text presents an applied, realistic view of entrepreneurial finance for today's changing business environment. It provides an integrated set of concepts and applications, drawing from entrepreneurship, finance, and accounting, that will prepare aspiring entrepreneurs for the world they will most likely face as they start their new businesses. The contents are designed to follow the life cycle of a new business venture, with topics presented in the logical order that entrepreneurs are likely to face them. Although the authors cover venture capital and public offerings, they put them in their proper perspective as unlikely vehicles for most entrepreneurs. The book includes a comprehensive financial spreadsheet template with step-by-step instructions that allows for applications of many of the concepts to actual businesses. This new edition adds a nonprofit version of the spreadsheet, and both templates can be downloaded from the author's website. The book also includes a comprehensive survey of funding sources, including all-new chapters on financing over the life of a venture and financing from the entrepreneur, family and friends. Endorsements:

"Entrepreneurial Financial Management is THE perfect book for undergraduate classes in entrepreneurial finance. Cornwall et al offer an excellent foundation book combining basic accounting fundamentals with a comprehensive study of the options for financing new ventures from bootstrapping to IPOs. The 'end of chapter' problems and questions are great and the authors offer a template that students can use to create their proforma statements. The book is written in a straightforward manner and works for both business and non-business majors." — Rebecca J. White, James W. Walter Distinguished Chair of Entrepreneurship, The University of Tampa (*)

"The authors have put together a comprehensive book that provides students with a pragmatic guide to the increasingly complex world of entrepreneurial finance. Entrepreneurial Financial Management is a useful survey of the many facets that go into financing a venture from a strategic point of view." — Michael H. Morris N. Malone Mitchell Chair in Entrepreneurship, Oklahoma State University

"The best text available for students and entrepreneurs. The sections on bootstrapping, debt and equity financing take the reader from the smallest start-up business to the growing entrepreneurial firm. The book is well written and easy to follow." — George T. Solomon Director, Center For Entrepreneurial Excellence, The George Washington University

"Jeff Cornwall's book is extremely helpful for students. It is easy to understand and provides valuable information that every entrepreneur must have." — Mindy Walls, Director, Entrepreneurship Center, West Virginia University