IELTS Vocabulary Business – Useful Expressions for SpeakingBy Akram Khan / January 12, 2023 1. to balance the books Meaning : to not spend more money than you are earningExample:Saving seed can help balance the books, but it’s not to be undertaken lightly. 2.to be self- employed Meaning: to work for yourself /to not work for an employerExample:We should always be employed in something. 3. to cold call Meaning: to make a sales call to someone without asking them for permission first.Example:They had heard of Oyston, who had originally been contacted as a cold call, but they had never met him. 4.cut throat competition Meaning: when one company lowers its prices, forcing other companies to do the same, sometimes to a point where business becomes unprofitableExample:He is also a big reader. 5. to do market research Meaning: to do research into what potential customers would or wouldn’t buyExample:I had to wait for a long time in the departure lounge before the plane took off. 6. to draw up a business plan Meaning: to write a plan for a new businessExample: BPR can be avoid the risks of new market plan unadapted for social demands. 7. to drum up business Meaning: to try to get customersExample:Her job was to drum up business. 8. to earn money Meaning: to earn moneyExample:You’d better book a guided-tour. 9. to go bust Meaning: when a business is forced to close because it is unsuccessfulExample:Now the process has reached crisis point: the organization is about to go bust. 10. cash flow Meaning: the money coming in and going out of a businessExample:Even though I’ve been to many holiday destinations, wildlife safari to Kenya was the holiday of my lifetime. 11. to go into business with Meaning: to join another person to start or expand a businessExample:Loyalty cards get the customers back in the store. 12. to go it alone Meaning: to start your own businessExample:I’m keen on buying the latest must-have products. 13. to go under Meaning: (see ‘ to go bust’ ) Example:Being a student he’s on a tight budget so he has to be careful with money all the time. 14. to have a web presence Meaning: to have a website or social media profile that showcases your businessExample:Most of the shop assistants were probably on commission at the super market. 15. to launch a product Meaning: to start selling and promoting a new productExample:I will pay in cash. Here is 10,000 Rupees. 16. to lay someone off Meaning: when a company ends an employee’s contract of employmentExample:There is no discount on this shirt so you have to pay the full price. 17. lifestyle business Meaning: a business that is set up to bring in a sufficient income and no moreExample:I never miss to pick up the bargain at Amazon during summer sales. 18. to make a profit Meaning: to earn more money than it costs to run thebusinessExample:People probably spend a bit too much on food and pet care, but they don’t run up a credit card bill to do it. 19. niche business Meaning: a business that serves a small, particular marketExample:When you’re buying an insurance, you should always shop around for the best deal. 20. to raise a company profile Meaning: to make more people aware of a businessExample: I think every shop assistant in the shop must be given a fortnight’s holiday during the year.. 21. to run your own business Meaning: to have business of your ownExample:We have the expertise to help you run your business. 22. sales figures Meaning: a report of the income a company generates through sales of products or servicesExample:Crowds of people snapped up a bargain on groceries at the local shop. 23. to set a business Meaning: to start a businessExample:Why is it advantageousto set a business up as a limited company? 24. stiff competition Meaning: strong competition from other companies in the same area of workExample:New HP Elite Book is great value for money, coming in under $800. 25. to make on employee Meaning: to employ people Example:Starting a new business, by the way, does not necessarily mean taking on employees. 26. to take out a loan Meaning: to borrow moneyExample:Unity One is a good place for window-shopping.
Intensifiers in English – Learn Strong Adjectives November 2, 2020 / Blog, English, English Grammar, Vocabulary