As we enter the final weeks of the fall semester, Babson will shift all classes (Undergraduate and Graduate) online as of Friday, November 13.

Founder Finance

Everything the non-financial founder needs to know about raising and managing capital to build value.

How do I build pro forma financial statements? How much money should I raise? Who should I raise it from and how? How do I deploy capital once I have it? In this course, students have the opportunity to explore financial accounting basics, building pro forma financials, managing working capital, raising capital, and deploying capital in entrepreneurial ventures.  

Learn Essential Skills

  • How to manage working capital
  • Estimate your capital requirement and build a capitalization table
  • How to raise capital
  • The fundamentals of debt and equity capital
  • Understand valuation, convertible notes, and term sheets

Who Should Attend

This course is designed for any founder who knows that they need to understand numbers to improve their chances for success.

Program Details

What You Will Learn

In this self-paced online course, you will learn financial essentials to help start your business. The course will demystify financial statements, raising money, and putting money to work building value.

Through a series of short videos, examples, quizzes, and an eBook, you will be taken through a journey that will result in understanding the three financial statements, how cash moves through the business, how to estimate how much cash you need to raise, the sources of cash, how to prepare for and raise funds, and how to evaluate projects when cash is a constraining factor.

This module focuses on the fundamentals of financial accounting with an emphasis on understanding how money flows through a business.

Course Module Objectives:

  • Understand the three financial statements and how the elements in each are connected
  • Understand how cash moves through a business and how to manage working capital
  • Learn about basic financial analysis
  • Learn how to build Integrated Pro Forma Financials for your business
  • Learn how to estimate your capital requirement in order to build your business

How much capital does your company need? What sources of capital are available? What are their motivations and expectations? What will you have to give up? These and other important questions will be answered in Module 2.

Course Module 2 Objectives:

  • Understanding capital requirements for your venture
  • Identify and discuss the various sources of capital and their motivations and expectations for the entrepreneur
  • Understand the mindset of Angel and Venture Capitalists and how their business operates
  • Understand Convertible Notes
  • Understand Term Sheets in Seed and Early-Stage Financings and how to negotiate
  • Learn to build a Capitalization Table and Waterfall Analysis
  • Learn about Options, Vesting, and Dividing the Pie

Should you expand manufacturing? Should you buy that new piece of equipment? Should you open a new location? Scaling can be as challenging as starting. With capital as a constraint, making a poor decision can be quite costly. Module 3 focuses on understanding the decision-making tools at your disposal to assist with capital budgeting and decision making.

Course Module 3 Objectives:

  • Understand Payback Period and Profit Index
  • Understand Net Present Value, IRR, and Risk Return
  • Understand Free Cash Flow and the Cost of Capital

Learn the basic tools and decision techniques for making capital budgeting decisions

Faculty

This program is led by Angelo Santinelli, an adjunct professor at Babson College, where he teaches numerous courses in entrepreneurship and is the faculty director of the Babson Boot Camp for Entrepreneurs. With more than 30 years of experience as an operator, investor, and educator, he is an experienced leader and innovator in creating business strategy and delivering results. Santinelli also is an experienced board member and advisor to CEOs helping them build enduring business value.

Program Discounts

Babson alumni enjoy discounts on Babson Executive Education programs: 20% for in-person programs and 50% for online programs. Some exclusions apply.

Discounts also are available for groups and for past participants in Babson Executive Education’s open enrollment programs.

Please email Rachel Crane for more information on discounts.

Requirements

All Babson Executive Education programs are taught in English. To participate, we ask that you can speak, read, and write English to get the most out of our programs.

Why Babson Executive Education?

Babson Executive Education works with organizations and professionals around the world to turn ideas and challenges into opportunity. Babson cultivates an entrepreneurial mindset that is the basis for many of the world’s most innovative businesses and leaders.

Our programs are about more than theory; they’re about action, and equipping you with the practical tools and strategies necessary to have an immediate impact on your organization or business.

FAQs

When does the course start and finish?

  • The course is self-paced. You decide when you start and when you finish. So, take advantage of any discounts NOW! Start when you want and finish when you can.

How long do I have access to the course?

  • After enrolling, you have unlimited access to this course for as long as the course remains open online—across any and all devices you own. If for any reason access to the course will stop, we will notify you ahead of time to give you access to complete the course.

Questions?

Contact Rachel Crane, Sr. Director Business Development or call +1-781-239-4349