Question

Fill the gaps with the word from the box. overheads provide invest owner partnership advertising Sole proprietor monitor rates storage.

Nowadays every person can become an (1) of a company. They can choose between different forms of organization. It depends on how independent they want to be, do they have enough money for establishing a corporation etc. The simplest form is a (2) . Then it could transform into (3) between 2 and 60 owners. It’s very important to research a business before you (4) in it. Nonetheless, an important rule is that you should (5) your spending to eliminate waste. It’s a common thing when banks (6) financial advice to their customers. Usually, it concerns the interest (7) of some investment instruments. Tracing the number of (8) and variable costs is crucial for any organization because it gives the CEO valuable information based on which important decisions could be made. Sometimes it’s simple as this: do they have to increase the costs of keeping the products in (9) or increasing the costs of (10).

Answer 1

1. owner

2. sole proprietor

3. partnership

4. invest

5. monitor

6. provide

7. rates

8. overheads

9. storage

10. advertising