BFI - Taxes and Insurance Lesson

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Taxes and Insurance

Introduction

All businesses must pay taxes on their income, but there are many other types of taxes.

You will learn of the typical taxes a business must pay. In addition to taxes, businesses must protect their investment by taking out insurance to cover in case of loss. Finally, you will put all you’ve learned about financing a business together in the financial section of the business plan.

Common Types of Business Taxes

Click on each tab to learn about some common types of business taxes.

Types of Insurance Activity

Click and drag each insurance term on the right to the correct empty box on the left.

 

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