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← Enterprise & Innovation

ENT2020 Financing Ventures

Intermediate · 1 credit · BIT - Business, Admin, Finance and IT

Description
Students compare various sources of financing and choose the method that is best for financing the venture.
Prerequisite
None
Parameters
No specialized equipment or facilities.
Supporting courses
ENT1010: Challenge & Opportunity

Outcomes The student will:

  • 1 identify the advantages and disadvantages of financial options

    • 1.1 analyze various sources of equity capital including:

      • 1.1.1 personal capital; e.g., self, family, friends

      • 1.1.2 venture capital; e.g., venture capitalists, business “angels”

      • 1.1.3 partnerships

      • 1.1.4 shares

      • 1.1.5 stocks/bonds

    • 1.2 analyze various sources of debt financing including:

      • 1.2.1 personal savings

      • 1.2.2 family/friends

      • 1.2.3 financial institutions; e.g., banks, credit unions, trust companies, government organizations

      • 1.2.4 loan sharks

      • 1.2.5 debentures

      • 1.2.6 mortgages

    • 1.3 research and evaluate various financial options in terms of:

      • 1.3.1 advantages/disadvantages

      • 1.3.2 inherent risks

      • 1.3.3 costs

      • 1.3.4 stresses

      • 1.3.5 relationships

      • 1.3.6 decision-making power

    • 1.4 select the financial alternatives that best meet the needs of the venture

  • 2 describe various sources of financing for ventures

    • 2.1 compare and contrast equity capital and debt financing

    • 2.2 categorize given examples of equity capital and debt financing

    • 2.3 explain other terms relevant to financing ventures

    • 2.4 describe sources of equity capital and debt financing within the local community

    • 2.5 describe other sources of financing and assistance including:

      • 2.5.1 suppliers

      • 2.5.2 memberships

      • 2.5.3 fundraising

      • 2.5.4 sales

      • 2.5.5 societies

      • 2.5.6 foundations

      • 2.5.7 government

  • 3 demonstrate the differences between short- and long-term financing

    • 3.1 identify financial needs at various stages of ventures

    • 3.2 distinguish between fixed and variable costs

    • 3.3 explain a “break-even analysis” for ventures

    • 3.4 distinguish between short- and long-term financing

    • 3.5 prepare a sample cash flow

  • 4 demonstrate the process of applying for different types of financing

    • 4.1 locate, compile and complete loan applications with local financial institutions

  • 5 demonstrate basic competencies

    • 5.1 demonstrate fundamental skills to:

      • 5.1.1 communicate

      • 5.1.2 manage information

      • 5.1.3 use numbers

      • 5.1.4 think and solve problems

    • 5.2 demonstrate personal management skills to:

      • 5.2.1 demonstrate positive attitudes and behaviours

      • 5.2.2 be responsible

      • 5.2.3 be adaptable

      • 5.2.4 learn continuously

      • 5.2.5 work safely

    • 5.3 demonstrate teamwork skills to:

      • 5.3.1 work with others

      • 5.3.2 participate in projects and tasks

  • 6 identify possible life roles related to the skills and content of this cluster

    • 6.1 recognize and then analyze the opportunities and barriers in the immediate environment

    • 6.2 identify potential resources to minimize barriers and maximize opportunities

Program of Studies 2009. Source document, © Alberta Education.