Share Running a business
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(to take a risk and hope for the best) When I opened my business it was a l___ o___ f___ because I wasn't sure it would be successful.
leap of faith
(carefully and in depth) You have to plan _____ for a business; it can't be done at the drop of a hat.
thoroughly
(synonym of 'start a company') I am going to s___ u___ a b____ with my brother.
set up a business
(obtain the necessary money to do something) I g____ f____ for my company by asking the bank for a loan.
get funds
(be the most cost-effective) Often, if you buy in larger quantities you g____ t____ b____ b____ f____ t____ b____ .
get the best bang for the buck
(focus on small details instead of the whole situation) When was planning my wedding I often had to remind myself not to l___ s____ o____ t____ b____ p____ .
lose sight of the big picture
(the situation where your revenue matches your costs) After the first year of our business we b____ e____ and I hope to start making a profit in the next couple of months.
broke even
(a segment of a market which a product or service is aimed at) When you are pitching your business to investors make sure to include the _____ that you are aiming at.
niche
(people who always use a particular brand's products/services) Apple has a very l____ c____ b_____ .
loyal customer base
(stable, regular money coming into a company) It's important to have a s___ s____ o____ r____ so you can always pay your costs on time.
steady stream of revenue
