Setting up a new business

1. To set up a new business you have to solve a number of problems. For example, where do you get your supplies from? What is the price you pay for them? What premises do you work from? What type of control do you want to keep in your business? All this depends on the type of your work, because you may work as a sole trader, a partnership or a limited company.

2. To work as a sole trader means that you are personally responsible for the business and take all profits after paying income taxes. But you must remember one thing: you are also responsible for all business debts.

3. Partnership means a group of people (between two and twenty) working as one firm. They share responsibility for decision making, profits, and debts. Partnership is useful and effective when all partners have high professional skills.

4. A limited company (Ltd) is a company formed by two or more shareholders who put the money into the business and get a share of the profits. Here the financial responsibility (or liability) of the shareholders is limited. When the business goes bankrupt every shareholder loses his share.

So we can see that different types of business organizations have advantages (pluses) and disadvantages (minuses).

2. Найдите в первой колонке русские эквиваленты английских слов и словосочетаний:

1) to set up a business 2) supplies 3) premises 4) to keep control 5) a sole trader 6) a partnership 7) a limited company 8) income tax 9) business debts 10) a share of profits 11) a shareholder 12) to share responsibility 13) decision making a) единоличный владелец, частный предприниматель b) подоходный налог c) товарищество d) сырьё и материалы e) учредить/создать предприятие f) осуществлять контроль g) доля прибыли h) акционер i) делить ответственность j) помещения, здания k) компания с ограниченной ответственностью l) долги (задолженность) предприятия. m) принятие решений

3. Переведите на русский язык интернациональные слова, встречающиеся в тексте "Setting up a new business"

problem, control, type, partner, company, personally, group, effective, professional, limit(ed), financial, organization, to form.


Понравилась статья? Добавь ее в закладку (CTRL+D) и не забудь поделиться с друзьями:  



double arrow
Сейчас читают про: