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REVIEW EXERCISES:
1# FILL IN THE BLANKS USING THE FOLLOWING
WORDS: loan, to start, saved, staff, apply for, invest,
borrow.
- The bank manager asked me how much money would I
need _______________ my restaurant.
- Manuel thought he would need a ___________ of three workers to start with.
- Manuel had ___________ $ 18.000 while he was working as Head Waiter.
However he would use this money to ___________
in buying the furniture and the
machinery.
- He needs to ____________ some money for the supplies. The ______________
won´t be too much, only a few hundred dollars
and that's all. Manuel will ____________ it in two days.
2# PUT THE WORDS FROM THESE SENTENCES IN
THE RIGHT ORDER
- an/ Every/ idea/ new/ business/ begins/ with/
- specialize/ The/ will /restaurant/ food/ in/
Spanish.
- Will/ It /40 /seat/customers/ about.
- The/ will/
finance/ help/ you/equipment/ company/
3# Imagine you are going to start a restaurant. You
will need someone to serve and to cook. Write down the name of those jobs.
4# FILL IN THE GAPS USING ONE OF THE TWO ITALIC WORDS
GIVEN:
- You don't want to buy a location but paying monthly
an amount of money. In this case we need to________ a location : loan/rent
- I must have an __________ that can cover all the
risks of my business: insurance/ money
- An _____________ is
very important if we want to promote our business in the area: insurance/
advertisement.
It's very
difficult to make _________ during the first three months: profits/expenses
5# ANSWER THESE QUESTIONS WITH YOUR OWN
OPINION
# If you needed money to start your business, where
would you go to ask for a loan?
If I needed money to start my business, I would go to _____________________________________________________
to ask for a loan.
6 # Imagine you are going to start your own business,
write down some examples of some expenses you may have
If I were going to start my own business, I would have
to spend money on…
7 # You have been working as a waiter and have saved
3.000€ , where would you invest your money?
8# Fill in the blanks using these missing
words:
start, borrow, bank, lend,
# I have saved some money so I need to go to a
__________ because I can get some profits.
# I´m going to buy a car for my business but I´ll need
to _________ some money.
# I would like to have my own restaurant, I think I
will __________ my own business.
# I went to the bank to ask for a loan. They are going
to ________ me 12.000€
9 # Translate:
- If a person needs to go to the bank to ask for
money, this means he will borrow money from the bank.
Let´s say you have tried to borrow from friends and
relatives, but they just aren´t able to help right now. To get the money to
start your business, you´ll need to go to a lender-a bank or government agency.
You will need to provie a lot of information to prove that you are a good
business risk. Lenders will want:
10 # Fill
out the statement of financial need for Carlos Cálomer who is about to open his own restaurant. These are the
expenses:
Food 200€
Drinks 500€
Furniture and equipment:
15.000€
Advertising and promotion
250€
Electricity license and phone 100€
Insurance 300€
Leasing 200€
Salary 950€
Money on cash 9.000€
Personal loan 18.000€
