If you don’t want to work for someone else, you can go into business for yourself. You can (1) __________ a company (establish a company) in an industry that interests you – of course, it’s always good to do (2) __________ (investigate the market) to determine if there’s a need for your product or service.
It’s normal for small businesses to (3) __________ (lose money) for the first couple of years before they start to (4) __________ – that’s when the money coming in equals the money going out. If there’s tough (5) __________ and your start-up isn’t able to (6) __________ (secure a significant number of customers), then your business runs the risk of going (7) __________ – losing all its money and having to shut down. But if the amount of money coming into the company from sales is greater than the amount spent on expenses, then you are making a (8) __________.
As your business grows, you can (9) __________ staff/employees. Another possibility is to (10) __________ (make an agreement) with other companies to do business together – in this case, representatives from both companies will (11) __________ (put your name on a contract) that establishes each party’s rights and responsibilities.
Whenever you’re planning to launch a new product, it’s essential to provide excellent (12) __________ (help for the customers). Otherwise, your customers will take their business elsewhere – they’ll start buying from a (13) __________ (a company that is your competitor) instead of from yours.
It’s not easy to (14) __________ (manage a business), but with a combination of luck, skill, and hard work, your business just might (15) __________ (become popular/successful). One way to describe a period of time of major growth and success is to say that (16) __________.
Đáp án:
- set up
- market research
- operate at a loss
- break even
- competition
- gain market share
- bankrupt
- profit
- hire
- make a deal
- sign a contract
- customer service
- rival
- run a business
- take off
- business is booming