{"id":5281,"date":"2019-12-12T10:17:13","date_gmt":"2019-12-12T03:17:13","guid":{"rendered":"http:\/\/binus.ac.id\/bandung\/?p=5281"},"modified":"2023-08-15T10:29:46","modified_gmt":"2023-08-15T03:29:46","slug":"the-successful-venture-life-cycle-entrepreneurial-financial-management","status":"publish","type":"post","link":"https:\/\/binus.ac.id\/bandung\/2019\/12\/the-successful-venture-life-cycle-entrepreneurial-financial-management\/","title":{"rendered":"The Successful Venture Life Cycle Entrepreneurial Financial Management"},"content":{"rendered":"

Created By : Helen Priscilla \u2013 2201775575 \/ LB-02<\/strong><\/p>\n

Venture life cycle<\/strong> begins in the development stage, has various growth stages, and \u201cends\u201d in a maturity stage.<\/p>\n

The 5 life cycle stages are :<\/strong><\/h1>\n
    \n
  1. Development Stage \u00e0 a phase that a company goes through during the preliminary or early stage of its corporate life.<\/li>\n
  2. Startup Stage \u00e0 the stage where you start selling products or services.<\/li>\n
  3. Survival Stage \u00e0 the state where we must maintain our products and services to consumers so that the business situation remains stable.<\/li>\n
  4. Rapid-growth Stage \u00e0 the stage at which product or service sales increase rapidly, but still experiencing the stage of survival.<\/li>\n<\/ol>\n

    Early-maturity Stage \u00e0 this phase marked by consolidation, where the entrepreneur is faced by a dilemma of having to choose between whether to keep expanding or make an exit.<\/p>\n

    \"\"<\/p>\n

    Market Size <\/strong>is the number of individuals in a certain market who are potential buyers and\/or sellers of a product or service.<\/p>\n

    Business ideas can be protected with :<\/strong>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Patents ( protect copyrighted works )\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Trade secrets ( protect recipes ) \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Trademarks ( protect the logo ) \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Copyright ( protect written works, for example : books and songs )\u00a0S W O T is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business<\/a> competition or project planning.<\/p>\n

    \"\"<\/p>\n

    S<\/strong>trenghts : <\/strong>characteristics of the business or project that give it an advantage over others.W<\/strong>eaknesses : <\/strong>characteristics of the business that place the business or project at a disadvantage relative to others.O<\/strong>pportunities : <\/strong>elements in the environment that the business or project could exploit to its advantage.T<\/strong>hreats : <\/strong>elements in the environment that could cause trouble for the business or project.<\/p>\n

    Baca Juga: Komoditas Ekspor Pertanian Porang di Era Digital<\/a><\/strong><\/p>\n

    Strengths and weaknesses<\/u> (internal factors within an organization<\/em>) :<\/u><\/strong><\/h2>\n
      \n
    • \n

      Human resources \u2014 staff, volunteers, board members, target population<\/h3>\n<\/li>\n
    • \n

      Physical resources \u2014 your location, building, equipment<\/h3>\n<\/li>\n
    • \n

      Financial \u2014 grants, funding agencies, other sources of income<\/h3>\n<\/li>\n
    • \n

      Activities and processes \u2014 programs you run, systems you employ<\/h3>\n<\/li>\n
    • \n

      Past experiences \u2014 building blocks for learning and success, your reputation in the community<\/h3>\n<\/li>\n<\/ul>\n

      Opportunities and threats<\/u> (external factors stemming from community or societal forces<\/em>) : <\/u><\/strong><\/h2>\n
        \n
      • \n

        Future trends in your field or the culture<\/h3>\n<\/li>\n
      • \n

        The economy \u2014 local, national, or international<\/h3>\n<\/li>\n
      • \n

        Funding sources \u2014 foundations, donors, legislatures<\/h3>\n<\/li>\n
      • \n

        Demographics \u2014 changes in the age, race, gender, culture of those you serve or in your area<\/h3>\n<\/li>\n
      • \n

        The physical environment \u2014is your building in a growing part of town? Is the bus company cutting routes?<\/h3>\n<\/li>\n
      • \n

        Legislation \u2014 do new federal requirements make your job harder…or easier?<\/h3>\n<\/li>\n
      • \n

        Local, national, or international events<\/h3>\n<\/li>\n<\/ul>\n

        A SWOT analysis can be used to:<\/strong><\/h2>\n
          \n
        • \n

          Explore new solutions to problems.<\/h3>\n<\/li>\n
        • \n

          Identify barriers that will limit goals\/objectives.<\/h3>\n<\/li>\n
        • \n

          Decide on direction that will be most effective.<\/h3>\n<\/li>\n
        • \n

          Reveal possibilities and limitations for change.<\/h3>\n<\/li>\n
        • \n

          To revise plans to best navigate systems, communities, and organizations.<\/h3>\n<\/li>\n
        • \n

          As a brainstorming and recording device as a means of communication.<\/h3>\n<\/li>\n<\/ul>\n

          To enhance “credibility of interpretation” to be used in presentation to leaders or key supporters.<\/p>\n","protected":false},"excerpt":{"rendered":"

          Created By : Helen Priscilla \u2013 2201775575 \/ LB-02 Venture life cycle begins in the development stage, has various growth stages, and \u201cends\u201d in a maturity stage. The 5 life cycle stages are : Development Stage \u00e0 a phase that a company goes through during the preliminary or early stage of its corporate life. Startup […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[92,46],"tags":[],"class_list":["post-5281","post","type-post","status-publish","format-standard","hentry","category-article","category-news"],"yoast_head":"\nThe Successful Venture Life Cycle Entrepreneurial Financial Management<\/title>\n<meta name=\"description\" content=\"Learn more about the successful venture life cycle entrepreneurial financial management in this article\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/binus.ac.id\/bandung\/2019\/12\/the-successful-venture-life-cycle-entrepreneurial-financial-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Successful Venture Life Cycle Entrepreneurial Financial Management\" \/>\n<meta property=\"og:description\" content=\"Learn more about the successful venture life cycle entrepreneurial financial management in this article\" \/>\n<meta property=\"og:url\" content=\"https:\/\/binus.ac.id\/bandung\/2019\/12\/the-successful-venture-life-cycle-entrepreneurial-financial-management\/\" \/>\n<meta property=\"og:site_name\" content=\"BINUS UNIVERSITY BANDUNG - 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