Full course description
What you'll learn:
This course focuses on the monetary side of entrepreneurial businesses by describing what financial statements and accounting forecasts are commonly needed. Further, various sources of potential funding for new ventures are described, including the pros and cons of each option. The formal pitching process is explored in part to help entrepreneurs communicate with outsiders to obtain external funding necessary for continued business activities. Finally, various advice networks are introduced to help young entrepreneurial firms receive valuable resources and guidance to help bring their entrepreneurial vision to reality.
- Describe the role of accounting for entrepreneurs
- Outline a financing plan
- Complete a business model canvas
- Create a pitch for a business idea
- Explain the value of incubators and accelerators
Who is this course designed for:
Anyone who wants to learn about the role accounting has in entrepreneurship or anyone who is interested in creating a business plan.
Continue your entrepreneurial journey with our other courses.
Meet the instructor
R. Scott Livengood, Ph.D.
R. Scott Livengood joins the W. P. Carey School of Business’ Department of Management and Entrepreneurship as a clinical assistant professor of strategy and entrepreneurship. Professor Livengood arrives from the University of Texas at Austin where he was a lecturer of strategy and entrepreneurship and the assistant director of the Herb Kelleher Center for Entrepreneurship, Growth, and Renewal. He was previously at The Ohio State University’s Department of Management and Human Resources and at the Warrington College of Business Administration at the University of Florida, where he taught as an assistant professor of strategy and entrepreneurship in the college’s Department of Management.
His areas of expertise include:
- Cognition (organizational identity, identity domain theory, sensemaking)
- Competition (competitive dynamics, multi-market contact)
- Entrepreneurship (optimism, microfinance, crowdfunding, novelty, criminal, business planning)
An avid traveler, Professor Livengood has visited 71 countries around the world and all 50 of the United States. He is also fluent in Japanese and is learning Spanish. He recently became an Ironman in June, 2018 in Boulder, CO.