Band 9 Vocabulary for Describing Small Businesses

Aubrey Carter's video teaches vocabulary for describing small businesses, focusing on terms like startup, shoestring operation, and financial health indicators such as 'in the black' and 'in the red'. The video also covers idioms like 'play your cards right' to describe business success strategies.

What term is used to describe a new company founded by entrepreneurs?

• Venture

• Startup

• Corporation

• Franchise

What does the term 'shoestring operation' refer to?

• A business with international reach

• A business with many employees

• A business with minimal funds

• A business with high profits

Who is an entrepreneur?

• Someone who manages a large company

• Someone who starts a business

• Someone who invests in stocks

• Someone who works in a bank

What does it mean if a company is 'in the black'?

• It is about to close down

• It has more debt than income

• It is financially healthy

• It is not profitable

What does the idiom 'play your cards right' mean?

• To make a risky decision

• To gamble wisely

• To follow the rules strictly

• To act in a way that ensures success