Use the following outline to summarize your business planning decisions. Research and write, in your own words to the answers to the questions listed. If a question does not apply, explain why it does not apply.

$1)$ Who will handle which functions in the business?

$2.)$ Organizational Chart

$3)$ What will their duties and qualifications be$?$

$4)$ If employees, how many will you have and what will their duties be$?$

$5)$ What licenses, permits or regulations will affect your business?

$6)$ Will you have to collect and pay sales tax, and if so$,$ how much and for which entity $($state or city$)?$

$7.)$ What types of insurance will you need?

$8.)$ What types of payments will you accept $($cash$,$ check, credit cards, house accounts? etc.$)?$

$9.)$ What contingency plans have you made for you? What will you do if you become sick or are injured, or in the event of a family or personal emergency that takes you away from the business? Who will take care of the business?

$10.)$ What contingency plans have you made for the business? What will you do if sales are not what you expected? What will you do to increase them? What will you do if costs are higher then you expected? What will you do to decrease them?