quiz time

Choose the correct definition for the following words

1. profit

2. customers

3. market

4. expertise

5. risk

6. reward

a) potential customers for a product

b) skills you are very good at

c) cash or benefit

d) people who buy a product or service from a company

e) money made when a business sells more than it spends

f) possible loss of money

Now do this

1 Interview businessmen: How did they start? What do they sell?

2 Find out what business you could start. Write down your ideas and test them on your friends.

3 Come up with a business plan: How much do you plan to sell and what will be the cost? Are you hoping to make a profit?

4 Plan your time. Make sure your business comes after your studies.

Answers

Matching game: 1. e, 2. d, 3. a, 4. b, 5. f, 6. c