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.4. Complete the following sentences with the correct word or phrase.

1.Nowadays, I eat out at restaurants regularly and often go abroad for holidays. My … is much higher than it used to be.

a.standard of living b. cost of living c. lifestyle

d. way of life

2. Writing reports is not a … that everyone enjoys.

a. duty b. work c. job d function

3.The machine uses much less fuel than the previous one. It is far more … .

a. sparing b. economic c. effective d. economical

4. The management has worked out a … to improve our market share.

a. strategy b. policy c. target d. planning

5. Many of the … in the Personnel Department are part-time workers.

a. staff b. staffs c. employers d. personal

6. One of the company’s main … is to increase sales by 10% per year.

a. designs b. plans c. purposes d. objectives

7. Several machines have broken down. We won’t be able to … an important order.

a. fill b. meet c. make d. do

Ex.5.Match the investment jargon on the left with the simpler explanations on the right.

1. boost income streams a. charge a lot of money

2.adopt a defensive investment stance b. protection against

the rises and falls of the market

3. a buffer against market volatility c. behaving in an

individual manner

4. a diversified portfolio d. increase revenues

5. going against the herd instinct e. an investment that can’t go

wrong

6. a lack of transparency f. find ways of decreasing risk

7. command a premium price g. no ability to see what is

really going on

8. a sure-fire investment h. a range of investments in

different assets