Use the business-related nouns below to complete the short paragraph, selecting the most appropriate word for each blank space.
You can check your answers by clicking on ‘answers’ at the end of the quiz.
- bill
- brand
- budget
Business English Vocabulary | Nouns
A recent report stated that many small businesses fail in their first year due to a lack of proper financial management.
One of the most common problems highlighted by the report was how many small business owners failed to plan for their end of year tax (1) __________. This can cause major problems in terms of cash flow if a small business is struggling to survive its first year of trading. It is essential that small businesses employ strict controls over all financial processes such as invoicing, costing and collecting payments, in order to ensure they work within the set (2) __________.
The report concluded that most small business owners put much more effort into marketing and (3) __________ building than financial planning.
