Entrepreneurship

Normally, an existing business continues to make a ... after it is sold.

• fund

• profit

• discount

• interest

Your safest option is to start as an ... in a big firm.

• employee

• employer

• employment

• employed

If you really have ​ (a)   spirit, working for someone else can be an extremely ​ (b)   experience.

• entrepreneurial
• frustrating

Even a well-known franchise offers no ... of success.

• failure

• chance

• guarantee

• sure

Seller financing is more and more common as it becomes more difficult to ... money from banks.

• lend

• borrow

• credit

• loan

My doctor works in a ... . There are two other doctors and a physiotherapist.

• sole trader

• partnership

• private limited company

• public limited company

In a ​ (a)   operation, the ​ (b)   agrees to let the ​ (c)   use a company's name and sell its product or service on a local market.

• franchise
• franchiser
• franchisee

The ​ (a)   who controls a majority interest in the company is usually the ​ (b)   . When two or more people control the company, they are usually called ​ (c)   s.

• shareholder
• owner
• partner

Match the words with their definitions.

• take over

• a situation when a company gets control of another company, for example by buying its shares

• start-up

• a situation when a company buys another company or part of a company

• buyout

• a small business that has recently been started by someone

• merger

• joining together of two separate companies so that they become one

• acquisition

• the buying of a company, especially by its managers or employees

Match the words to make collocations.

• register

• capital

• venture

• plan

• business

• capitalist

• borrow

• a business

• interest

• rate