Planning and Forming Your Company

This book, and its companion volume, Raising Start-up Capital for Your Firm, offers novice entrepreneurs nontechnical, thorough, eminently readable information on all aspects of starting a company—information that could save start-up entrepreneurs thousands of dollars in consultants' fees and eliminate common pitfalls leading to bankruptcy. It challenges many prevailing myths about starting a business (that 85% of businesses go broke within 5 years, that government money is there for the taking), and stresses the importance of initial research and good management as the keys to success. Provides step-by-step advice on drawing up an effective business plan, and describes what type of formations are available, i.e. sub-S, partnership, etc. Included are numerous examples, case histories, and working forms used in small business operation, with worked-out examples.