Business Management -Your Business

Business Management -Your Business

Item 1

» Property Insurance: Covers losses and damage

to any of your personal property.

Next Up:

• » Mission Statement: A statement describing the

  purpose of your business.

Open Ended

What is your PERSONAL MISSION STATEMENT? What would others say about you?

What is LIABILITY INSURANCE?

Protects you in the event you

harm someone or damage any of their stuff.

So, what is a business plan?

A written document that outlines

the goals for a business and how they plan to

reach those goals.

BRICK and MORTAR

Brick-and-Mortar: Term used to describe a

physical store location.

Let's Review Today's Topic!

Multiple Choice

What is a misson statement?

• The movie title to a 1980's hit.

• A statement describing the

  purpose of your business.

• The process of applying for a loan.

Multiple Choice

Identify: What is a written document that outlines

the goals for a business and how they plan to

reach those goals.

• Mission Statement

• Last Will and Testament

• Business Plan

• Lesson Plans

Multiple Choice

» Brick-and-Mortar: Term used to describe a

physical store location.

• True

• False

Multiple Choice

Liability Insurance: Protects you in the event you

harm someone or damage any of their stuff.

• True

• False

Multiple Choice

Property Insurance: Covers losses and damage

to any of your personal property.

• True

• False