Starting a Business - Help and Support

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1) The government has alot to .... from new businesses - .... unemployment benifits have to be paid out
gain ... less
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2) The Government will also recieve ........ ....... when a firm makes a profit.
taxation revenue
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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
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4) Also the Governments 'B...' provides advice and leaflets
BERR
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5) ... firms can also apply to have bank loans ............ by the Government
New ... underwritten
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6) This means the Government will ... .... money if the business ..... making it easier for the new firm to ...... money
pay back ... fails ... borrow
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7) ....... firms also offer support (e.g. .....)
Private ... banks
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8) Private firms help by offering ......... support (e.g .......... and loans)
financial ... overdrafts
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9) They give the new business ...... on how to manage their finances, calculate ..... and keep .......
advice ... taxes ... records
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10) Some private firms will put new businesses in contact with ......... or potential .........
suppliers ... customers
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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
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12) Some firms provide .......... ........ They charge for their help but sometimes provide .... ...... to new firms
management services ... free advice
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13) Some charities offer ...... and ....., for example The Prince's Trust
advice ... money
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14) Chambers of ........ give help to local firms
Commerce
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15) CofC are groups of ........ people in a city or town who look after the ........ of ..... businesses
business ... intrests ... local
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16) They act as an important link between local .......... and the ..........
businesses ... Government
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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
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