Business Vocabulary

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Question English Answer English
to go bust
We did not follow his financial advice and we went bust.
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to lose all of one's money and be forced to close down
to take out a loan
To further grow and develop we took out a loan.
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to borrow money (usually from a bank)
to be self-employed
As an artist I work hard since I'm self-employed.
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to be your own boss
to go into business with
It is never a good idea to go into business with a significant other.
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to join hands with another person to start or expand a business
to do market research
In order to sell this product we have to do market research.
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to do research into what potential customers would or wouldn't buy
to launch a product
We were excited to launch a new product into the market.
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to debut a new product to the market and sell it
to set up a business
Many people set up a business during times of prosperity.
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to start a business
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"IELTS Speaking Exam"
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