Small Business Administration

  • Identify the important issues in managing a firm’s cash flows.
  • Explain the key issues in managing insurance for a small business.

Prompt:

Review Lesson 7 and the resources at the end of the lesson related to risk management and insurance, including:

  • Small Business Administration. “.” Participant Guide, Money Smart for a Small Business Curriculum. 
  • Small Business Administration. “.” accessed 6/2/2017.
  • Small Business Administration. “” , accessed 6/2/2017.

Instructions:

In a well-written essay, discuss four types of business insurance and why they are important. Which type(s) would you find most necessary for a business you might want to own someday? Include sources and citations, and a reference list at the end of your essay. Adhere to APA 7th ed. formatting.

  • Develop a formal 350-700 word essay
  • Your essay should include an introductory paragraph and a conclusion.
  • Follow APA format for structure. An APA template is attached here. Support your essay with 3 credible, academic references beyond the course materials. Please note Wikipedia, Investopedia and similar general websites are not credible academic references.