Entrepreneurship & Innovation Management

Capital Structure & Implications / Succession Planning & Exit Strategy (J_S9M5)


Description
COURSE DESCRIPTION:
This course aims to provide users the opportunity to develop and enhance their skills and knowledge in the field of entrepreneurship and innovation. Topics covered in this module includes: Understanding Capital Structures and Implications, Shareholder Equity, Mezzanine Debt, Price/Earning Ratios; Lowering Cost of Capital and Improving Equity Returns; and Examining Succession Plans and Exit Strategies.


BACKGROUND:
There are no hard and fast rules for optimizing a company’s capital structure, companies that are strategic use an efficient combination of senior debt, mezzanine debt, and equity capital to minimize their true cost of capital. It's also important for a business owner to analyse the difference in value between an ownership interest in a stagnant or underperforming business and ownership in a growing company. Listed below are some of the equity and debt available to raise funds:
• Senior Bank Debt
• Subordinated Debt
• Shareholder Equity
• Quasi Equity
• Mezzanine Debt


LEARNING OUTCOMES:
Upon the completion of this module, users will be able to:
• Understand the theoretical and practical knowledge in entrepreneurship and innovation, including recent developments in the discipline.
• Apply critical thinking to relevant research articles of contemporary relevance in entrepreneurship and innovation.
• Critically analyse information from a wide range of sources to create solutions innovatively to improve current practices.


TIME: Up to 2 Hours


OTHER INFORMATION:
• No prerequisites.
• No materials distributed.
• No formal assessments required.
Content
  • S9. Capital Structure & Implications/Succession Planning & Exit Strategy
  • S9. Entrepreneurship & Innovation Management - Course Linkage Map
  • S9. Entrepreneurship & Innovation Management - Course Linkage Table
Completion rules
  • All units must be completed
  • Leads to a certification with a duration: Forever