Project: Bankrupt Your Business
Assignment Directions:
Get Into groups of three to four students and decide which business you would like to run.
Next, write on a plece of paper what the business does, the type of equipment it needs to run its business, and the type of customers
It has.
Next, make a list of the creditors that the business must repay, such as:
âš«banks (lines of credit)
•
mortgage company (real estate)
âš« trade creditors (equipment, supplies, Inventory)
• employees
.
shareholders or partners
