test 5 Flashcards
(16 cards)
in case employees are injured
workers compensation
annual cost to you for your insurance
premium
to protect your building, inventory and equipment from fire, flood and vandalism
property insurance
how to communicate to large numbers of customers
marketing
to protect the business and the owners families in case the entrepreneur passes away
key person life insurance
an entrepreneurs actions and decisions
mission driven
indicates the amount you will pay before the insurance company reimburses you for a loss
deductible
products against a number of hazards
general liability insurance
how you move customers to buy from you
selling
to protect your vehicle
commercial vehicle insurance
a simple business guide to ethics that should guide all human behavior
business ethics
protecting a service business
errors and omissions business
how many steps are required to launch a small business
9
1 type of accounting software
quick books
what is the names of the website that businesses register in louisiana
geauxBIZ
1) there are 9 steps to launching a small business
2) the higher your deductible the lower your premium
3) step 7 requires that you set up your business on the small business website
4) pro forma is completed by a new business it shows negative results
5) steps 1-6 are considered administrative
6) creating differentiated is something no one else has
7) all entrepreneurs starting a new business should create a elevator speech
8) errors and omissions insurance protects your company
9) identifying your target market you are deciding which products you will sell
10) property insurance covers anything that happens at your business
1) T
2) T
3) F
4) T
5) F
6) T
7) F
8) T
9) F
10) F