How To Write A Business Plan

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8th edition

How to Write a Business Plan

by Mike McKeever

EIGHTH EdITIon Editor Book design Proofreading Index Printing

FEBRUARY 2007 RIcHARd STIm TERRI HEARSHRoBERT WEllS EllEn SHERRon dElTA PRInTInG SolUTIonS, Inc.

mcKeever, mike P. How to write a business plan / by mike mcKeever.-- 8th ed. p. cm. Includes index. ISBn-13: 978-1-4133-0562-3 (alk. paper) ISBn-10: 1-4133-0562-8 (alk. paper) 1. Business planning. 2. new business enterprises--Planning. 3. new business enterprises--Finance. 4. Small business--Planning. 5. Small business--Finance. I. Title.Hd30.28.m3839 2007 658.15'224—dc22

2006046797

copyright © 1984, 1986, 1988, 1992, 1999, 2002, 2004, and 2007 by mike P. mcKeever.

All RIGHTS RESERvEd. Printed in the U.S.A. no part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without the prior writtenpermission of the publisher and the author. Reproduction prohibitions do not apply to the forms contained in this product when reproduced for personal use. For information on bulk purchases or corporate premium sales, please contact the Special Sales department. For academic sales or textbook adoptions, ask for Academic Sales. call 800-955-4775 or write to nolo, 950 Parker Street, Berkeley, cA 94710. Dedication
This book is dedicated to the memory of my late grandmother, Elizabeth Eudora Woodall darby, whose influence I acknowledged only recently.

Acknowledgments
After more than a decade of working with many people, I am amazed at the uniform spirit of goodwill and cooperation. my first editor, Ralph “Jake” Warner, showed patience working with a firsttime author. my second editor, lisaGoldoftas, challenged the grammar while gracefully deferring to my knowledge about the subject. Also at nolo: Steve Elias designed many charts; Adam Stanhope educated me about computers; mark Stuhr tuned sections on computer-related material; Stephanie Harolde worked her word processing wonders on the manuscript; Terri Hearsh designed the book; Eddie Warner gave helpful suggestions on onlineinformation; and many more folks at nolo improved the book greatly. A special thanks to a number of generous individuals, each of whom knows a great deal about starting and operating a small business. Peg moran, Terri Hearsh, Roger Pritchard, Jason Wallach, Harry Keller, dan Peters, Sharyn Simmons, larry Healy, and finally, Hugh codding and leroy Knibb of codding Investments. For these and all myreaders, clients, and students who have shared their hopes, dreams, and problems with me over the years, thank you for your help. The best parts are yours—all the mistakes are mine. many of your stories and suggestions appear here in disguised form. I hope all the readers will profit from your wisdom and generosity. mike P. mcKeever San Francisco, california

About the Author
Mike P. McKeever’s...
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