‘An entrepreneur is someone who has a _______________ • and sees a chance to _____________________.’ good idea start a business with it
Decide which qualities are most important for an entrepreneur to possess. Diplomatic Optimistic Calm Energetic Organized Willing to take a risk Determined Creative
What help do busy professionals need? • Think about a service you could provide to help people • who are ‘money rich’ but ‘time poor’. • Decide on: • what service it is • where your headquarters will be • how you will make sure your business is a success.
TRUE TRUE TRUE TRUE Types of companies FALSE FALSE 1 A PLC is unlikely to have a hierarchy. 2 If you are a sole trader and you go bankrupt, you may have to sell your possessions to pay your debts. 3 If a sole trader becomes a partnership you have more capital to invest in the company. 4 If you go bankrupt, it is better to be in a Ltd company. 5 In a private limited company, shareholders can buy or sell shares as they wish. 6 It is easier for a PLC to raise capital. 7 You cannot lose money if you buy shares in a PLC. FALSE
Reported speech– Sorry…what did she say? I’m from New Zealand. She said she was from New Zealand. She said that she was here on business. She said she was staying for five days. She said she had been visiting customers. I’m here on business. I have been visiting customers. I’m staying for five days.
Reported speech– what did he say? The production is based in China. He said that the production was based in China. The factory has 250 staff in total. He added that the factory had 250 staff in total. He reported that they had exceeded production targets by 20% last year. They exceeded production targets by 20% last year. ? He explained that they were expecting the same results that year. We are expecting the same results this year.
Reported speech– what did he say? We save a lot of money on raw material costs. He revealed that they saved a lot of money on raw material costs. The company will invest more money in machinery this year. He continued that the company would invest more money in machinery that year. He added that they had plans to open another factory in Korea. We have plans to open another factory in Korea. ? He said that we should look at their website for the latest news. Look at our website for the latest news.
lookafter give up run into put through cope with set up look for give away 1 Could you look after the catering arrangements for me? 1 Could you take care of the catering arrangements for me? 2 I’m not coping with my work load. 2 I’m having problems with my work load. 3 The company started to have problems during the recession. 3 The company ran into problems during the recession. 4 I’m looking for a summer job but it’s not easy! 4 I’m trying to find a summer job but it’s not easy! 5 I’d like you to put me through to the manager. 5 I’d like you to transfer me to the manager. 6 David needs to stop smoking – he’s very unfit. 6 David needs to give up smoking – he’s very unfit. 7 Oscar set up the company when he was made redundant. 7 Oscar founded the company when he was made redundant. 8 The magazine is including free sunglasses with the summer issue. 8 The magazine is giving away sunglasses with the summer issue.
Phrasal VerbsMatch the beginning with the correct ending to make questions. a) up as soon as they meet a problem? 1 Who used to look b) through to the wrong department? 2 What do you do when somebody puts you c) with stress at work / university? 3 How do you cope d) after you when you were a child? 4 Who do you know that gives
Phrasal VerbsMatch the beginning with the correct ending to make questions. e) away in order to attract new customers? 5 What do you do when you run f) up your own company? 6 What is it important to remember when you set g) for when you are when meeting a potential business partner? 7 What do you look h) into problems at work / university? 8 What kinds of gifts do companies give
Complete the table with phrases for dealing with interruptions Polite interruption Impolite interruption Rejecting an interruption 1 If I could just finish ______ _______ ______ _______. May I interrupt here? 2 sorry to interrupt but I’d ______ _______ ______ ______ _______. Let me speak for myself 3 Stop ______ _______! I what there come right to like was saying here in Preventing an interruption Adding an opinion Coming back to a point As I was saying. 4 Could we get back to ______ ______ ______ ? 6 I’ve got something _______ ______ ______. 5 I’d like to make ______ ______ before we all start talking. say to points two the first here point
Brainstorm a business you would like to start in the food industry. Write a business plan and when you have finished, present it to the other groups who are potential investors. Answer any questions they may have.