Financing an Enterprise, Vol. 3 (Classic Reprint)

Financing an Enterprise, Vol. 3 (Classic Reprint)
Financing an Enterprise, Vol. 3 (Classic Reprint)
Excerpt from Financing an Enterprise, Vol. 3Financing as Affected by Stage of DevelopmentWhen an enterprise is to be financed, the point of development to which it has been brought has a direct and important bearing upon the method of its presentation to investors and upon the terms that must be offered them to secure the needed money. As a rule, the nearer the enterprise can be brought to the point of profitable operation, the easier becomes its presentation, the greater its attractiveness to the conservative investor, and the better the terms upon which the desired funds may be secured.To illustrate the progressive stages of an enterprise and its varying status from the standpoint of financing as its development progresses, let us suppose an inventor has designed a new and to all appearances a much improved form of internal combustion engine, operating with any of the common liquid fuels, and suitable for use in tractors, automobiles, aeroplanes, and the like. It exists in the shape of more or less complete designs and drawings.At this stage, granting the engine has value when brought to the point of practical operation, a long and tedious road stretches between the invention and its final commercial success. It is not yet perfected and not yet patented.Problems of Patent ProtectionProbably the inventor will take up the question of patentability first. If the engine cannot be patented it would ordinarily not be worth perfecting and the undertaking would stop right there.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.Эта книга будет изготовлена в соответствии с Вашим заказом по технологии Print-on-Demand компанией ООО «Книга по Требованию». Print-on-Demand - это технология печати книг по Вашему заказу на цифровом типографском оборудовании. Книга, произведенная по технологии Print-on-Demand (POD) представляет собой классическую печатную книгу с соблюдением всех стандартов качества, от офсетной бумаги и плотного картона до качественного клея, используемого при изготовлении. Черно-белая текстовая или полноцветная иллюстрированная книга (в зависимости от исходного файла, подготовленного к печати) может быть изготовлена в разных вариантах: - в мягкой обложке (Клеевое Бесшвейное Скрепление); - скрепление скобой (для книг с небольшим количеством страниц); - в твердом переплете с клееным текстовым блоком; Материалы, используемые при производстве книги: - бумага текстового блока - офсетная (белая или кремовая) 80 г/м2 - мягкая обложка - бумага мелованная 250 г/м2; - ламинация обложки - матовая или глянцевая; - твердый переплет - картон 2 мм, каптал, белые форзацы, прямой корешок - сверхпрочный полимерный клей; - каждая книга упакована в термопленку. Каждый заказ обрабатывается в индивидуальном порядке: каждой книге, напечатанной по технологии Print-on-Demand, присваивается уникальный номер.