Business grants business plan entrepreneur franchise out of business partnership red tape venture capital

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1. I wanted to run a business, but didn’twant to do it alone, so I went into … with my brother.

2. Government statistics show that most small companies go … before their first anniversary.

3. When looking for finance, many local and central governments offer ….

4. One of the biggest headaches for small business owners is the amount of government … - it’s very time-consuming.

5. … firms and business angels are other sources of finance for small businesses.

6. Buying an existing … can be a lower risk way to start your own business.

Ex. 2. Match the term and its definition.

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Poison pill; shark repellents; raider; rainmaker; recruitment; redundancy; remuneration; retail; overdraft; user profile

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1. action taken by the directors of a company to defend it against an unwelcome takeover

2. the loss of a job by an employee because there is no longer any work

3. companies involved in selling goods to members of the public in shops

4. customer information stored electronically, especially for online shoppers

5. money paid for services, salary or wages

6. activities using more money taken out than allowed by the account

7. a company which tries to obtain control of another company by buying a large number of its shares

8. an influential person who brings significant amounts of new business and wealthy customers to a financial or legal service organization

9. measures taken by a target company to fend off unwelcome takeover attempts

10. the process of selecting and hiring new employees for an organization

Ex.3 Match the verbs with their correct definitions(1-6). Then complete the sentences that follow(7-12) using each verb once only.

1. to stand down a) to take someone's place

2. to stand for b) to be better or distinctive than somebody

3. to stand out c to represent

4. to stand by d) to defend

5. to stand up for e) to be ready to act

6. to stand in f) to resign or withdraw

7.We all know that the name Sony... technical excellence.

8. If the company chairman is on a business trip, his deputy will usually... for him.

9.Our sales manager will be giving the presentation, but a technical salesman will be... to help him.

10. In this company you didn't get anywhere by being modest. You have to... yourself.

11. The managing director was asked to... and a new appointment was made.

12. As an example of strong corporate culture in the fast-food sector, McDonalds certainly....

Ex.4 Choose the phrase from the box to describe each work pattern. There are two extra options you don't need.

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Casual labour Fixed time/Temporary contract Full time

Migrant worker Part-time Seasonal work Shift work


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