This individualized, competency-based unit on protecting businesses, the 18th of 18 modules, is on the third level of the revised Program for Acquiring Competence in Entrepreneurship (PACE). Intended for the advanced secondary and postsecondary levels and for adults wanting training or retraining, this unit, together with the other materials at this level, emphasizes the actual application of a business plan. Two competencies are dealt with in this instructional unit, including (1) preparing policies for one's firm that will minimize losses due to employee theft, vendor theft, bad checks, shoplifting, robbery, and injury and product liability and (2) determining kinds, amount, and cost of insurance needed by one's firm. Materials provided include objectives, preparation information, an overview, content (with questions in margins that guide the students' reading), activities, assessment forms, and notes and sources. The unit requires using approximately 3 hours of class time. (YLB)