Unit 11 New Business.ppt

Unit 11 New business E. W. Howe (1853 – 1937) American novelist Newspaper & magazine editor Quotation ‘ There is always plenty of business, if you are smart enough to get it. ’ Quotations Business ideas are all around you. They are lurking in your garage, in your basement, in your kitchen, and in your children ’ s room. You ’ ll find them in magazine ads, at your neighbor ’ s house, and at work. They are right there in the vegetables you brought in from the yard . . . in the stack of papers next to your laser printer . . . in the back of your truck . . . and at the back of your mind. "The road to happiness lies in two simple principles: find what it is that interests you and that you can do well, and when you find it, put your whole soul into it ---every bit of energy and ambition and natural ability you have." ---> FOCUS <--- F -- ollow O --ne C -- ourse U -- ntil S -- uccessful Starting up A What conditions are important for people starting new businesses. Choose the three most important from the list below. ? low taxes ? skilled staff ? low interest rates ? cheap rents ? stable economy ? good transport links ? training courses ? high unemployment ? a strong currency ? government grants B Which are the public or private panies? ? post office ? TV/newspapers ? energy ? cars ? rail ? water ? s ? airlines Starting up Starting a business is one of the most exciting things you can do. But it also presents challenges. The economic outlook may be uncertain, but by planning ahead and taking heed of expert guidance, there's no reason why your small business can't get off to the best possible start and go on to be a big ess. Choosing pany name, finding premises, hiring staff, winning customers are all important start-up tasks, that are vital you get right at the outset. Before you get going, it's crucial you have a business roadmap. This will help you make the right business decisions and anticipate problems before they occur. Starting ne