Saturday, February 29, 2020

Business Finance Report

You need to conduct a research on equity capital available for new ventures in your home country and prepare the report.   1) An introduction explaining major sources of equity capital for new ventures, such as 2) Describe all main BA, VC and PE firms in your home country (their structure, history, approach, number of deals, total amount of capital raised, etc.) – all factors you may consider appropriate to have a better understanding of their activities. 3) Summarize BA, VC and PE firms in your home country in the following table:   Sectors: list all the sectors in which they invest (e.g. high tech, tel , agriculture, etc.) Website: Give the link to the website 4) Give your conclusion on the situation with equity capital in your home country and perspectives for the future. You are required to prepare the report based on the results of your research and analysis. The report should contain: tables of contents, introduction, analysis and conclusion. The student’s work will be assessed by analytical abilities, deepness of research, solid judgments, logic of statements, and understanding of implications of finance and business.    Business angle are individual investor who finance new start-ups from his own fund directly. He /she are independent financially i.e. his profit or loss will not hamper the whole economy of a country. They do not have any family relation with the startups. They make their own investment decision, which is final[1]. Their investment varies from medium to long term depending n the case. Venture capital was first introduced in the 20th century, which means risky capital. It supports new ideas that are very risky but have high profit and growth. It is a type of equity financing which is very long term. There is a liquidity problem in venture capital as during the startups the project is expected to run for several years. It involves high technology and enjoys capital, which is the main benefit when the business succeeded[2]. It does not take a dividend in the intermediate stage. It also participate I the management o the entrepreneur and give expert advice besides monetary support. Private equity is a class of asset that consists of various securities, which are invested, in panies to generate high values. There are various types of Private equity like leveraged buyout (LBO), venture capital, Mezzanine capital and growth capital Growth capital refers to small amount of investment in the equity of a matured pany to help it expand its capital base or increase its market share without any changes in the management control of the pany[3].  Ã‚   In this section detailed analysis of various BA, VC and PE in Spain will be done and their impact on the new ventures will be discussed. In Spain, many business angle brokers support startups. However, top 10 are: Carlos Blanco: He is one of the greatest business angle in Spain. He is the cofounder of a gaming pany named Akamon Entertainment. He is also the CEO of Grupo ITnet. He has invested in many panies like Infantium or Kantox. Yago Arbeloa: He is the brother of Spanish footballer Alvaro Arbeloa and is in this business from the year 2010. He has invested in panies like Reclamador, Percentil and Really late Booking. He is also the president of AIEI and media group of Hello[4]. Francois Derbaix: he is the most active angle business in Spain. He has given support to almost 21 panies in past year, which includes Startupexplore, Tiendeo and unitae. He is also the co-founder of Toprural and Rentalia[5]. Currently he is running Soysuper. Every entrepreneur must read his personal blog before starting up a venture. Jesus Encinar:   He is called the founder of Idealista. He also invested in Spanish startups like Etece and AsesorSeguros. He is the advisory board member of Seaya Ventures, a venture capital firm founded by Micheal Kleindl and Beatriz Gonzallez, which has invested in panies like Ticketea and Cabify since 2013. Bernando Hernandez: Previously he is the director management of product in Google and currently he is running the product division of Flickr’s. He is the one of the initial investor of Tuenti that is a social networking site purchased by Telefonica[6]. As an angle business investor he has also funded Mad Video and Mola . Jesus Monleon: He has a lot of expertise and experience in investing and creating various panies. He has founded Emagister in 2000 and recently founded Offerum. For 7 years he has worked in Caixa Capital Risc as an venture associate backing both early stage and mature panies[7]. As an angel business investor, he has funded panies like DADA panies, Chicfy and Deporvillage. Axel Serene: He has at least 20 years of knowledge in the business of internet and is the Chief Executive Officer of Vittalia. As an individual investor, he has funded and backed various panies like Tiendeo, Popplaces and Akamon. He is a Barcelona based investor. Walter Kobylanski: He is the co-founder of panies like Gigas based in Madrid. He and his brother Christian has founded an investment vehicle known as Danka Capital that is backing panies in its early stages[8]. As an individual investor he has funded panies like TouristEye, Ducksboard and Jugo. Martin Varsavsky: He is very famous for inventing and promoting tech juggernaunts like Ta and jazztel. Recently he has fuended Fon-Martin that is an active investor for startups over the past decade[9]. With the help of Jazzya Investment he has supported more than 30 panies like Hootsuite, Meneame and Tumblr which was purchased by Yahoo for $1 billion in 2013. Juan Margenat: He is the co-founder of Marfeel, which is a based in Barcelona. He is also the advisor of Conector. Previously he founded Plan B and Weekendesk Iberia. He has also invested in Habitissimo and fintech darling Kantox. Top 10 Venture capital firms supporting new startups in Spain are as follows: Axon Partners group: Unlike most of the other Spanish venture capital firms is focuses on international market and has office in Spain, Colombia and India. In addition to funding the startups, it also gives consultancy services to panies in which it does not have a holding. In the year, 2010 Party Gaming was merged with this Venture capital firm[10]. Since 2013 it has funded 8 panies raising an   amount of euro 23.9 million. Cabiedes & Partners: It is one of the most famous VC firm in Spain, which have backed more than 40 panies within the country. It was founded in late 90s and is run by Cabiedes brothers. The firm has raised euro 30 million funds in 2014 and focuses on performance and key metrics[11]. It has entered into 17 deals since 2013 raising an amount of euro 25.2 million. Kibo Ventures: Telefonica chose it so that it can manage its Amerigo fund which aims at Latam and Spanish startups. It has entered into 16 number of deals since 2013 raising an amount of euro 24.7 million. It has its head quarter in Madrid and was founded in 2011 Nauta Capital: Like Axon, it also has an international base. It has offices in London and Barcelona. It backs panies, which is at its growth-stage[12]. It has   raised 100-150 million Euros in 2014 and invested in 30 startups within Spain, US and UK. Since 2013 it has entered into 7 deals raising a fund of 35 million euro.   Vitamin K: It is based in Madrid and invest in internet panies and technology which are at its early stage. It is run by Rafael Garrido and has funded at least 10 panies since it was founded. It has entered into 6 deals since 2013 raising an amount of 6.2 million euro. Active venture partner: Their policy is to invest 80% of its funds in Spanish startup and rest are allocated to European countries. It is one of the key funders of BuyVIP, the online shopping pany, which was purchased by Amazon in 2010 for $110 million[13]. It has entered into 4 deals since 2013 raising an amount of 14 million euro. Bosnai Venture capital: It is the oldest venture capital firm of Spain, which was founded in 1999. It invests in panies, which are at its early stage, and its portfolio has startups like Wallapop. It is one of the oldest funders of Idealista[14]. It has entered into 2 deals since 2013 raising a total fund of 3.87 million euro. Lanta Digital Ventures: Angel Garcia founded it in 2013, a very experienced entrepreneur who was previously the Chief finance Officer of a technology pany named Fractus that was the main developer of mobile phone. It has entered into 2 deals since 2013 raising a fund of 50k Euros. Seaya Ventures: Beatriz Gonzalez daughter of president of BBVA’S and Michael Kleindl founded it, which helps panies at their growth stages with an approximate investment of 10 million Euros[15]. It has entered into 5 deals since 2013 raising a fund of 23.4 million Euros. Caixa Capital Risc: It is the most active investment vehicle in Spain. Since 2011, it started funding technological panies and has a portfolio of almost 100 panies including La Caixa which was the most friendly startup banks in Spain. It has entered into 18 deals since 2013 raising an amount of 202 million Euros. Top 5 Private equity firm in Spain are as follows:   Magnum Partners: It manly focuses and invests in Iberian region. It targets all the middle level to upper middle level panies in Portugal and Spain. Portobello Capital: It is Spanish based private equity firms that invest in new ventures and startups, which have high growth aspects, but risk factor involved is very high. Mercapital Servicios: it supports the middle size panies in Spain by steering their process of internationalization[16]. It also invests in panies in Latin America who wants their development to speed up N+1: It supports the existing ventures that are willing to extend their market base and diversify in different sectors. They support panies who are setting up new units or expanding its exiting setup. MCH: It invests in panies who are willing to introduce new technology in the market. They not only provide funds to these panies but also give them expert advice relating to technological development.   https://www.linkedin /in/yago-arbeloa-2448623 https://es.linkedin /in/kobylanski https://www.linkedin /in/martinvarsavsky https://es.linkedin /in/juanmargenat Digital marketing, Online Advertising https://www.linkedin /in/jesusmonleon https://www.linkedin pany/axon-partners-group https://www.crunchbase /organization/cabiedes-partners https://www.crunchbase /organization/kibo-ventures www.nautacapital /news/nauta-iii www.webmd /vitamins-and-supplements/supplement-guide-vitamin-k www.bonsaiventurecapital /en/node/7 https://www.linkedin pany/caixa-capital-risc www.bloomberg /profiles/.../3407468Z:SM-mercapital-servicios-financieros-sl Storm water discharge, Scrape Recycling mch.aarogya /mch/what-is-mch/12-over-all-mch-and-health-sector-situation.html From the above discussion, it can be said that BA, VC and PE have changed the face of startup venture all over the world. In the recent year BA, VC and PE has grown at lot in Spain supporting new ventures and technologies, which involves high risk as well as high growth. It not only supports news startup panies with fund but also provide them technological and expert advices. Now a days, they are also involving in the management of new ventures which was previously not a tradition. Almost 10 BA, 10 VC and PE has been discussed in this report which gives an overview that this BA, VC and PE are focusing on every industry and giving financial and other assistant to panies who need support. Startup ventures, which previously used to struggle to enter into the market with new schemes and technology because of lack of fund are now a day’s supported by this BA, VC and PE with investment. This new ventures are now getting a platform to highlight their talent in the market. Their success and growth rate has also increased a lot during these years because of these BA, VC and PE.  Ã‚   Baldock, Robert, and David North. "The role of UK government hybrid venture capital funds in addressing the finance gap facing innovative SMEs in the post-2007 financial crisis era."  Research Handbook on Entrepreneurial Finance(2015): 125. Business, Small, and Tourism Branch. "ARCHIVED—Financing With Venture Capital: Advances in Knowledge Over the Last Ten Years and Research Avenues References." (2012). Cumming, Douglas J., and Sofia A. Johan.  Venture capital and private equity contracting: An international perspective. Academic Press, 2013. Demaria, Cyril.  Introduction to Private Equity: Venture, Growth, LBO and Turn-Around Capital. John Wiley & Sons, 2013. Dutta, Supradeep, and Timothy B. Folta. "A parison of the effect of angels and venture capitalists on innovation and value creation."  Journal of Business Venturing  31, no. 1 (2016): 39-54. Gregson, Geoff, Sacha Mann, and Richard Harrison. "Business angel syndication and the evolution of risk capital in a small market economy: evidence from Scotland."  Managerial and Decision Economics  34, no. 2 (2013): 95-107. Harrison, Richard. "Book Review: Venture Capital, Private Equity, and the Financing of Entrepreneurship."  International Small Business Journal  31, no. 7 (2013): 832-834. Hellmann, Thomas, and Veikko Thiele. "Friends or foes? The interrelationship between angel and venture capital markets."  Journal of Financial Economics115, no. 3 (2015): 639-653. Hisrich, Robert D., SaÃ… ¡a PetkoviĆ¡, Veland Ramadani, and Là ©o-Paul Dana. "Venture capital funds in transition countries: Insights from Bosnia and Herzegovina and Macedonia."  Journal of Small Business and Enterprise Development  23, no. 2 (2016): 296-315. Lumme, Annareetta, Colin Mason, and Markku Suomi.  Informal venture capital: Investors, investments and policy issues in Finland. Springer Science & Business Media, 2013. Manigart, Sophie, and Mike Wright. "Reassessing the relationships between private equity investors and their portfolio panies."  Small Business Economics  40, no. 3 (2013): 479-492. Mason, Colin, and Yannis Pierrakis. "Venture capital, the regions and public policy: the United Kingdom since the post-2000 technology crash."  Regional Studies  47, no. 7 (2013): 1156-1171. Mason, Colin, ed.  Handbook of research on venture capital. Edward Elgar Publishing, 2012. Rosenbusch, Nina, Jan Brinckmann, and Verena Mà ¼ller. "Does acquiring venture capital pay off for the funded firms? A meta-analysis on the relationship between venture capital investment and funded firm financial performance."Journal of Business Venturing  28, no. 3 (2013): 335-353. Siepel, Josh. "Book review: Handbook of research on venture capital, volume 2: A globalizing industry."  International Small Business Journal  32, no. 4 (2014): 474-475. Vanacker, Tom, Veroniek Collewaert, and Ine Paeleman. "The relationship between slack resources and the performance of entrepreneurial firms: The role of venture capital and angel investors."  Journal of Management Studies  50, no. 6 (2013): 1070-1096.

Thursday, February 13, 2020

The Balance Scorecard (BSC) in practice- the factors affecting the Essay

The Balance Scorecard (BSC) in practice- the factors affecting the successful implementation of a BSC - Essay Example Norton and Robert S. Kaplan (Punniyamoorthy & Murali, 2008). Balance Scorecard helps in implementing the organizational strategies in terms of actionable plan and make it a thorough continual process by providing a comprehensive road map of how to effectively carry out strategy, including the alignment and mobilization of the management team and other employees (Punniyamoorthy & Murali, 2008). According to Harvard Business Review, the Balance Scorecard is one of the most influential management ideas of the past 75 years (Palladium, n.d.). Today, many large, medium-sized and even small organizations use the Balance Scorecard as a performance measurement system, but usually small and medium-size companies fail to successfully implement that. This happens generally due to the gap between their strategies and vision. This paper is based on the concept of Balance Scorecard. The essay starts with the introduction, followed by a thorough understanding of the Balance Scorecard, with the significant reviews of the applicable literature, including factors that obstructs the successful execution of a Balance Scorecard. The Balance Scorecard is a tool that helps the organizations to create a link between its strategy and actions, encourages the individuals to involve in organizational planning, focuses on the critical phases of the business and take action instantly when change is required (Atkinson, 2006). It is a multidimensional tool that can be used in management, strategic and measurement systems. With its multidimensional tactics, the Balanced Scorecard integrates the performance measurement of both financial and management aspects (Punniyamoorthy & Murali, 2008). It measures the performance by focusing on four major perspectives, which includes financial stability, customer base, business operations, and learning and development. This tool gives the meaningful interpretations of the interconnections between the business processes

Saturday, February 1, 2020

Case Study about 32 employees Research Paper Example | Topics and Well Written Essays - 750 words

Case Study about 32 employees - Research Paper Example Moreover, the interview method indicates the qualitativeness of the data that the consultant is gathering. In conducting a Descriptive Research, the consultant will simply be able to provide a description of the prevalent behavior of the employees in the workplace (Creswell, 2003). Question Two: How would you categorize the type of research conducted in Phase Two? Answer: The type of research conducted in Phase Two is Quantitative research. The Quantitative Research design makes use of numeric data in order to make inferences about a certain group. In this case, the consultant gathered numeric or quantitative data from the company employment records in the hope of finding significant differences in the data contained in the records (Creswell, 2003). Data: 1. During Phase One, the consultant determined that 50% of the employees were PhDs involved in new product research, the other 50% were laborers involved in distributing the product lines to customers. All of the PhDs were male, and all of the laborers were female. For all of the females, the employee’s income was a secondary income for the family; all were married and the majority had children. For the PhDs, the employee’s income was the family’s primary income; the majority was married with children. When asked, the managers noted that none of the employees ever violated the company’s absenteeism or tardiness policies. The majority of the employees expressed satisfaction with the company’s attendance policies. Several employees (all laborers) noted that the policy afforded them a good deal of flexibility to handle family matters as needed. The company awarded 20 days (160 hours) per year of vacation time that could accrue to a total of 40 days; they also provided 20 days (160 hours) of sick leave that could accrue to 180 days at which time long term disability took over paying the person’s salary. Sick leave and vacation could be taken on an hourly basis with manager approval. 2. The table below contains the numerical data collected by the consultant. Vac. Time Sick Leave Employee Gender Class. (hours) (hours) 1 M R 250 1000 2 M R 300 1250 3 F L 5 10 4 F L 4 25 5 M R 200 900 6 F L 100 24 7 M R 110 875 8 F L 75 150 9 F L 65 140 10 F L 120 250 11 M R 250 1225 12 M R 243 1210 13 F L 25 100 14 F L 10 50 15 M R 200 1100 16 M R 210 1098 17 F L 24 45 18 F L 15 23 19 F L 10 15 20 M R 220 1200 21 M R 250 1245 22 F L 25 54 23 M R 300 1300 24 F L 70 80 25 F L 80 100 26 M R 320 1440 27 M R 320 1440 28 F L 45 100 29 F L 34 100 30 M R 190 1000 31 M R 200 1100 32 M R 210 1200 Question Three: Calculate the average amount of vacation and sick leave for the two groups of employees (i.e., PhDs and laborers). Please show your work. Answer: In calculating the average amount of vacation and sick leave for the two groups of employees, the table was inputted to Excel and the data was sorted so that all researchers were grouped together and all laborers were grouped to gether. Afterwhich, the â€Å"AVERAGE† function was used to find the needed values. The following results were found: Table 1. Average Vacation and Sick Leave for Laborers and Researchers.    Vacation Time (in hours) Sick Leave (in hours) Laborers 44.2 79.1 Researchers 235.8 1161.4 Question Four: Calculate the standard deviation for the amount of vacati