Starting a Business - Help and Support

?
1) The government has alot to .... from new businesses - .... unemployment benifits have to be paid out
gain ... less
1 of 16
2) The Government will also recieve ........ ....... when a firm makes a profit.
taxation revenue
2 of 16
3) The Government funds 'B....... L...' which operates in each ...... and offers guidence on how to produce a Business .... and advice on staff ........
Busienss Link ... region ... plan ... training
3 of 16
4) Also the Governments 'B...' provides advice and leaflets
BERR
4 of 16
5) ... firms can also apply to have bank loans ............ by the Government
New ... underwritten
5 of 16
6) This means the Government will ... .... money if the business ..... making it easier for the new firm to ...... money
pay back ... fails ... borrow
6 of 16
7) ....... firms also offer support (e.g. .....)
Private ... banks
7 of 16
8) Private firms help by offering ......... support (e.g .......... and loans)
financial ... overdrafts
8 of 16
9) They give the new business ...... on how to manage their finances, calculate ..... and keep .......
advice ... taxes ... records
9 of 16
10) Some private firms will put new businesses in contact with ......... or potential .........
suppliers ... customers
10 of 16
11) Banks do this for 2 reasons: ONE: so the company will open an account with them and not their ........... and TWO: to reduce the chances of the new business going ........ and owing the bank alot of money
copetitors ... bankrupt
11 of 16
12) Some firms provide .......... ........ They charge for their help but sometimes provide .... ...... to new firms
management services ... free advice
12 of 16
13) Some charities offer ...... and ....., for example The Prince's Trust
advice ... money
13 of 16
14) Chambers of ........ give help to local firms
Commerce
14 of 16
15) CofC are groups of ........ people in a city or town who look after the ........ of ..... businesses
business ... intrests ... local
15 of 16
16) They act as an important link between local .......... and the ..........
businesses ... Government
16 of 16

Other cards in this set

Card 2

Front

2) The Government will also recieve ........ ....... when a firm makes a profit.

Back

taxation revenue

Card 3

Front

3) The Government funds 'B....... L...' which operates in each ...... and offers guidence on how to produce a Business .... and advice on staff ........

Back

Preview of the front of card 3

Card 4

Front

4) Also the Governments 'B...' provides advice and leaflets

Back

Preview of the front of card 4

Card 5

Front

5) ... firms can also apply to have bank loans ............ by the Government

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Starting a business resources »