MGT03 CO3 - DEMAF

Begins with an idea for the venture and ends when the doors are opened for business.

• Prestart-up Phase

• Post start-up Phase

• Beginning Stage

• Start-up Phase

•Commences with the initiation of sales activity and the delivery of products and services, and ends when the business is firmly established and beyond short-term threats to survival.

• Metaphase

• Prestart-up Phase

• Post start-up Phase

• Start-up Phase

•Lasts until the venture is terminated or the surviving organizational entity is no longer controlled by an entrepreneur.

• Post start-up Phase

• Prestart-up Phase

• Start-up Phase

• PROPHASE

Any arrangement in which the owner of a trademark, trade name, or copyright has licensed others to use it in selling goods or services

• Franchisee

• Franchisor

• Franchising

• Investor

A purchaser of a franchise

• Franchisor

• Franchisee

• Investor

• Co-owner

The seller of the franchise

• •Marketeer

• •Franchisee

• •Middleman

• •Franchisor

Secured financing of a new venture that involves a payback of the funds plus a fee (interest for the use of the money)

• •Borrow Financing

• •Debt Financing

• •Equity Financing

• •Private Placement

Involves the sale (exchange) of some of the ownership interest in the venture in return for an unsecured investment in the firm.

• •Debt Financing

• •Equity Financing

• •Private Placement

• •Stock Market

a company sells shares of stock in the company or other interest in the company, such as warrants or bonds, in exchange for cash

• •Debt Financing

• •Private Placement

• •Equity Financing

• •Stocks Financing