English Grammar Tests-Elementary Level''''s archiveStarting a Business ppsx

When deciding on which form of business will best serve your purposes, you should take into account the time .... The need for funding is one of the first concerns for any new business,

English Grammar Tests-Elementary Level's archive

Starting a Business

1 When deciding on which form of business will best

serve your purposes, you should take into account the

time necessary to handle regulations and

formalities

commitment

conditions

constraints

coordination

2 The need for funding is one of the first concerns for any

new business, and unless you have the personal assets or

can friends, family or your bank, you will be seeking

investors

talk to

tap into

touch upon

trade with

3 Determining not only the type of business you are

starting, but the type of customers you will attract and the

manner in which you will attract them should also be

into your decision making process

considered

factored

included

involved

4 The potential for liability from customer relationships or

interaction heavily on your liability risk

impacts

incurs

intrudes

involves

5 For example, someone with a business that sells goods

via the Internet or through mail order is less likely to

lawsuits than someone who owns physical store locations,

where customer foot traffic (and potential injuries) could

result

garner

garnish

incite

inculcate

6 It will also be assumed that a professional business

such as a law firm or accounting practice will have greater

assets, making them greater targets in a society

illicit

legalistic

legislative

litigious

7 Someone who has already had previous business

success and has significant assets from a previous

business venture would also want to protect those assets

closely

narrowly

severely

strictly

8 Apathy can come back to a successful

entrepreneur; plan ahead

haunt

hound

hunt

hype

9 It is wise to with both an attorney and an

accountant and discuss the details of the business that

you are planning to start and where you see it going in five

or ten years

hole up

hunker down

set up

sit down

10 all the bases, including liabilities, taxes,

employee benefits and the need for investors, before

making your decision

Cover

Lay

Run

Spike