Unit Test 11 Answer all thirty questions. There is one mark per question. Vocabulary: New business 1 Match words from the two boxes and complete the advice on setting up a new business. initial / red / business / central / venture / business / ground / cash / band / business wagon / capitalists / government / loan / breaking / tape / flow / plan / costs / grants Once you’ve had your (1)___________________ idea for a new business and celebrated, it’s time to get serious and to look at how you can finance it for at least the first twelve months. Work out your (2)_________________ forecast and how much money you’ll need as a minimum. Some of the (3)____________ ___________ you might not have considered may include government (4)____________ ____________ (though in many countries governments are increasingly making self employment easier; it’s even become a bit of a (5)___________________!). One way to raise the money is to find out if there are any (6)____________ ____________ available from local or (7)____________ ____________. These are offered to encourage entrepreneurship. But for serious amounts you may have to go to (8)____________ ____________ or business angels – remember though that they will want a cut of your profits. You can also try the bank who will want to see a very comprehensive (9)____________ ____________ before giving you a (10)____________ ____________. Language Review: Noun phrases 2 What is the missing preposition in these prepositional phrases? 11 Over seventy per cent ______ all new businesses go out of business in the first year. 12 A great team _______ a mediocre idea is more likely to get backing. 13 Dotcoms _______ nineteen ninety to ninety nine enjoyed a boom period. 14 Larger companies _______ the same sector as us haven’t had the same success. 15 Employees ______ higher salaries are likely to go first in the cutbacks. Business Skills: Telephone strategies 3 Write the verbs in brackets in the correct tense or form. 16 This __________(be) Nigel Wright from GGL. 17 I ___________(call) on behalf of my colleague… 18 Please ____________(call) me Nigel. 19 Sorry, I ___________(not/get) that. Can you say it again? 20 Would you mind _____________(repeat) that please? 21 Let me see if I ___________(have) this right… 22 Sorry, ________ you ________(say) that you had received the package or that you didn’t? 23 I’m sorry about that. I promise I _____________(get) back to you as soon as I find out what’s happened to it. 24 Under the circumstances, we ____________ (consider) cancelling the order. 25 Given the situation, I think we ____________ (have to) change our supplier. Business Skills: Chasing payment 4 Re-write these sentences from a letter chasing payment. Write them formally and make them less direct. 26 Just a note to say invoice 16453, dated 15/6, is late! _________________________________________________ 27 This is the second time I’ve written. _________________________________________________ 28 Remember in our terms and conditions – payment is due 30 days from date of invoice. _________________________________________________ 29 We can’t despatch any more goods until you pay your account. _________________________________________________ 30 Please call if you have a problem you want to discuss. _________________________________________________