The business will carry general liability insurance to protect against risks with an annual premium of $X,000 paid monthly. Security cameras and alarms will be installed to deter theft and ensure safety. Intellectual property such as trademarks and copyrights will be protected by registration with the appropriate authorities.

1. Protecting the Business 14. Briefly describe any business insurance you will carry, explaining
the coverage, the premiums, and the payment schedule. 15. Explain any techniques you will use
for protection against theft or other dangers to which the business could be subject (e.g., security
systems or operating policies). 16. Describe any intellectual property of the business and how it
will be protected.