Some tips on starting your own business

 

Задание 1. Прочитайте и переведите текст письменно.

Some tips on starting your own business
Planning is an essential ingredient for a successful business. The type of business that needs most careful thought is the one you start from scratch. But you don't need an original idea to have a good business. If you are worried about starting from scratch, you might want to think about buying a business that is already running.
Talking to people who have already started up their own business is very useful. You can learn a great deal from both successful businesses and those that have failed. Your Enterprise Agency or Chamber of Commerce may run business clubs where you can meet other small business owners.
Not having enough finance, which is one of the most common problems in small business, can be fatal. It is easy to underestimate the amount of money you will need to start up your business. The time you spend working out your cash needs and monitoring cash flow is time well - spent.
You should have at least a basic understanding of trading laws, which protect consumers, employees, the general public and businesses as well.
Failure to respect these laws could even be a crime. For example, every employee whose employment continues for one month or more, has the right to receive a written statement, which is a sort of contract with the terms and details of their employment. Your local tax office will send you documents that show you how much you need to take out of each of employee?s wages, and where to send the money.

Задание 2. Ответьте письменно на вопросы:

1. Planning is an essential ingredient for a successful business, isn’t it?
2. Is it a useful thing to talk to people who have already started up their own business?
3. Where can you meet other small business owners?
4. What problem is one of the most common problems in small business?
5. Must a business owner know trading laws? Why?

Задание 3. Составьте предложения из данных слов и словосочетаний:

1. By people, under the age of 25, are started, over ten per cent, of new businesses.
2. Shell, loans to, young entrepreneurs, offers.
3. As they are more flexible, some customers, with young entrepreneurs, like doing business.
4. To provide, many banks, are reluctant, to youngsters, financing.
5. If, people, is interested, work harder, in their progress, they, someone, know, that.
Задание 4. Укажите форму глагола, соответствующую данному предложению:

1. How efficiently a company … its products will in large measure determine its success.
a) produce b) to produce c) produces
2. We … … to grant you a 10 % discount.
a) is prepared b) are prepared c)have prepared
3. Factory representatives … products to wholesalers and retailers.
a) distribute b) distributes c) is distributed
4. How many contracts … … this week?
a) were concluded b) was concluded c) have been concluded
5. Our clients … us about it 2 days ago.
a) informed b) inform c) will inform
6. A joint venture … … by American and Russian partners next year.
a) will establish b) will be established c) is established
7. He … … on this project for a long.
a) has been working b) have been working c) have worked
8. A company … … with a minimum of two people becoming its shareholders.
a) can form b) must be formed c) can be formed
9. Companies … to know how they are performing in order to make plans for the future and to analyse and find solutions to the problems that they may be facing.
a) need b) needs c) is needed
10. They … … problems of setting up a partnership at the moment.
a) discuss b) are discussing c) discussed
11. He … to study business last year.
a) decides b) decide c) decided
12. They … … a deal to buy this model by the end of the talks.
a) had agreed b) has agreed c) have agreed
13. The candidates we interviewed … very highly qualified.
a) was b) is c) were
14. There are companies … in buying and selling different types of financial investment.
a) specialising b) specialised c) specialises
15. If I … my credit card, I will inform the bank immediately.
a) lose b) will lose c) shall lose
16. If I earned more money, I … be able to save more.
a) will b) shall c) would
17. IBM … an American computer company.
a) was b) is c) are
18. Procter & Gamble … … in the soap business since William Procter and James Gamble formed their partnership in 1837.
a) has been b) have been c) had been
19. The dollar … … during last week.
a) were fluctuating b) is fluctuating c) was fluctuating
20. Price is not the only thing customers decide when … a decision about which product to buy.
a) making b) make c) made

Задание 5. Прочитайте и переведите текст «Investors»

Investors may be organizations or individuals. Organizations as institutional investors buy securities with their funds or funds held in trust for others. Major institutional investors are insurance companies, pension funds & universities. The other types of investors are individuals who trade securities for their own accounts. The majority of personal investors have rather small stock portfolios. Some investors seek income. They are interested in a stock’s yield which is the percentage return from stock dividends. The highest regular yields are provided by utility stocks, because they have minimal risk. The investors take risk only within certain limits. The safest type of securities are government bonds because they are backed by the government.
Sberbank of Russia is the leader on bank services market in our country. In invested 50% of its funds in our industry & construction, 10% in trade, 2% in agriculture last year. Sberbank is the main lender of a number of big industrial enterprises.

Словарь к тексту:
1 held in trust - вверенный попечению
2 account - здесь: причина
3 to seek - искать, желать
4 yield - доход в виде процентов на капитал
5 utility stocks - акции и облигации предприятий общественного пользования
6 the safest - самый надежный
7 to back - поддерживать.

1. What are major institutional investors?
2. The other types of investors are individuals, are not they?
3. What type of securities is the safest one?
4. Is Sberbank of Russia the leader on bank services market in our country?
Задание 7. Выберите:

1. Different services … by the banks to their clients.
a) are offered; b) to offer; c) is offered
2. The bank … already the shipping documents.
a) have received; b) received; c) has received
3. The goods produced by you … of great interest to our market.
a) is; b) are; c) am


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