Go for your Business English. Новосельцева Н.Н - 34 стр.

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2 What type of organization is each of these?
1. A group of engineers who work together to provide consultancy and design
services. There are no outside shareholders.
2. A large British engineering company with 30,000 employees. Its shares are
bought and sold on the stock market.
3. An American engineering company with outside shareholders.
4. An engineer who works by herself providing consultancy. She works from
home and visits clients in their offices.
5. An independent British engineering company with 20 employees. It was
founded by three engineers, who are shareholders and directors of the company.
There are five other shareholders who do not work for the company.
3
Starting a new business.
Complete the text below with these words:
capital competition plan
market facility investments
flow products expenses
overheads stock sales
A few years ago I decided to start my own business. I live by the sea and I love
surfing, so I knew that there would be a (1) ... for surfboards, wetsuits and all the
other equipment surfers need. There were already other shops in the area selling
similar (2) ... , so I knew there would be quite a lot of (3) ... , but I still thought I
could make a success of it.
I had already built up a certain amount of (4) ... in my bank account but I knew I
would need an overdraft (5) ... , so I asked the bank what I needed to do. They
told me I needed to prepare a business (6) ... with a detailed cash (7) ... . I was
pleasantly surprised that they immediately agreed to provide the overdraft.
I deliberately opened my shop in May so I knew (8) ... would be good, but when
you start a business, the (9) ... are very high as well. In addition to (10) ... – rent,
regular bills and so on – you also have to make quite a big (11) ... in computers,
equipment and of course, (12) ... .
It’s too early to say, but things seem to be going OK. I’m keeping my fingers
crossed!
After you’ve started your business, you then run it, expand it, sell it and then
retire!
Another person's secret is like another person's money...
You are not as careful with it as you are with your own.

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