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21 Cards in this Set
- Front
- Back
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to balance the books to not spend more money than you are earning that’s something that must make it really satisfying … as long as he’s managing to balance the books |
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to cold call: I know a lot of companies do cold calling |
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cut throat competition a lot haven’t been able to survive with such cut-throat competition … |
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to do market research some people say you need to do market research beforehand so you know what the market wants |
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to draw up a business plan : to write a plan for a new business I’m not sure what area of business it would be but I think I’d enjoy the process ofdrawing up a business plan |
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to drum up business: to try to get customers I know a lot of companies do cold calling to try and drum up business … that’s something I’d hate to do |
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to earn a living: to earn money he’s happy earning a living doing the thing he loves |
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to go bust: when a business is forced to close because it is unsuccessful to go under it used to be a busy centre but lots of shops have gone bust |
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cash flow as long as he’s managing to balance the books and the cash flow is healthy I’m sure he must be very pleased with what he has achieved |
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to go into business with the owner uses his kitchen for the courses and went into business with a local community shop |
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to go it alone: to start your own business I don’t think I’d enjoy working for a big company … I think I’d like to go it alone and be self-employed |
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to have a web presence: to have a website or social media profile I really admire what he does and I’m sure a lot of people would love to do something similar … he has a web presence |
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to launch a product |
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to lay someone off when a company ends an employee’s contract of employment nd laying people off if the business gets into trouble … that would be horrible |
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lifestyle business: a business that is set up to bring in a sufficient income and no more my wife paid for me to do one of the baking courses and I got to know the owner during the training … it’s a lifestyle business really |
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to make a profit: to earn more money than it costs to run the business it must be very difficult to make a profit when you have huge supermarkets in the area |
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niche business: a business that serves a small, particular market |
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to raise a company profile in fact that’s how we got to find out about his company … and he uses social media to raise the company profile |
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stiff competition: strong competition from other companies in the same area of work and if it is a good idea the chances are someone else is doing the same thing so you could end up facing stiff competition … |
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to take on employees: to employ people he doesn’t have plans to take on employees or expand into new areas |
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to take out a loan: to borrow money Personally i don’t like being in debt so taking out a business loan wouldn’t suit me at all |
