Good idea ‘An entrepreneur is someone who has a _______________ and sees a chance to _____________________.’ start a business with it.

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Presentation transcript:

good idea ‘An entrepreneur is someone who has a _______________ and sees a chance to _____________________.’ start a business with it

Decide which qualities are most important for an entrepreneur to possess. Optimistic Diplomatic Creative Calm Energetic Determined Organized Willing to take a risk

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.

Types of companies 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. TRUE FALSE TRUE FALSE TRUE

I’m staying for five days. I’m from New Zealand. I’m here on business. Reported speech– Sorry…what did she say? I have been visiting customers. 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.

They exceeded production targets by 20% last year. Reported speech– what did he say? We are expecting the same results this year. He said that the production was based in China. He added that the factory had 250 staff in total. He reported that they had exceeded production targets by 20% last year. He explained that they were expecting the same results that year. The production is based in China. The factory has 250 staff in total. ?

Reported speech– what did he say? He revealed that they saved a lot of money on raw material costs. 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. He said that we should look at their website for the latest news. We save a lot of money on raw material costs. The company will invest more money in machinery this year. We have plans to open another factory in Korea. Look at our website for the latest news. ?

look after put through cope with give up run into set up look for give away 1 Could you take care of the catering arrangements for me? 1 Could you look after the catering arrangements for me? 5 I’d like you to transfer me to the manager. 5 I’d like you to put me through to the manager. 2 I’m having problems with my work load. 2 I’m not coping with my work load. 6 David needs to stop smoking – he’s very unfit. 6 David needs to give up smoking – he’s very unfit. 3 The company started to have problems during the recession. 3 The company ran into problems during the recession. 7 Oscar founded the company when he was made redundant. 7 Oscar set up 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. 4 I’m trying to find a summer job but it’s not easy! 4 I’m looking for a summer job but it’s not easy!

Phrasal Verbs Match the beginning with the correct ending to make questions. a) up as soon as they meet a problem? 2 What do you do when somebody puts you 1 Who used to look 3 How do you cope 4 Who do you know that gives b) through to the wrong department? c) with stress at work / university? d) after you when you were a child?

Phrasal Verbs Match the beginning with the correct ending to make questions. e) away in order to attract new customers? 6 What is it important to remember when you set 5 What do you do when you run 7 What do you look 8 What kinds of gifts do companies give f) up your own company? g) for when you are when meeting a potential business partner? h) into problems at work / university?

Complete the table with phrases for dealing with interruptions Rejecting an interruption Impolite interruptionPolite interruption Coming back to a point Adding an opinionPreventing an interruption 1 If I could just finish ______ _______ ______ _______. May I interrupt here? 2 sorry to interrupt but I’d ______ _______ ______ ______ _______. 5 I’d like to make ______ before we all start talking. As I was saying. 4 Could we get back to ______ ______ ? Let me speak for myself 3 Stop ______ _______! 6 I’ve got something _______ ______ ______. what I wassaying like to in come here right there the first point two points to say here

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.