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What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
What's your business going on?
Do you know many small businesses where you live?
Yeah, the main street near my home is chock full of them, to be honest.
I think it's one of the few places where independent businesses are still alive and thriving, at least in my turn.
Do you prefer buying things in big companies or small businesses?
Well, usually it's places like supermarkets or chains, since they have, well, a more reliable supply line or supply chain, and they have exactly what I need.
I know it's not a great choice for the local economy, but the independent stores never really have what I'm looking for, usually.
Have you ever worked in small businesses?
Well, I mean, one could argue I work for one now with the podcast, but aside from that, I don't think so.
I've only ever worked for larger of local businesses like hotels and restaurants, but nothing like a tiny little shop.
Have you ever thought about starting your own business?
Well, I did, though this was sort of by accident with the podcast and the online classes.
I like the freedom of action and the flexibility it gives me, despite the stress of organizing every site.
And apart from that, what kind of small business would you like to have in the future?
If you could. I wouldn't like to have one.
I have my hands full already.
However, if I were to open another small business, I think it would be something very simple, like coffee shop or something like that.
I say that simple, it's probably much more complicated in real life.
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So there is now small businesses.
First of all, what is a small business?
Small businesses are types of corporations, partnerships, which have a small number of employees, so workers.
And less annual revenue, annual like every year, revenue like money, than a regular sized business or corporation.
Yeah, so kind of like fewer people work for small business and they don't make so much money as McDonald's or Apple, for example.
And you can go to our favorite website, investpedia.com.
In the previous episodes we've been talking about this and they have a nice article, what is a small business definition, characteristics, a beautiful article, so kind of like a small business is a company of relatively limited size.
And it's measured by its revenue, revenue, the amount of money, and also the number of employees.
So for example, our podcast is a small business, why, Rory?
And there are only maximum five people working on it, probably.
But we should perhaps not talk about how much revenue we make.
Well, we don't make as much money as McDonald's or Apple or Google, or some McDonald's Apple or Google if you want to be partners.
If you're free to contact us, you know?
And small businesses could be partnerships, for example, when like two or more people want to own a business together, a limited partnership, or it's like limited liability company, LLC.
Can have like one or more owners, corporations.
And usually there are different small businesses next to your house.
And Rory said that the main street near my home is chock full of them.
Rory, what is this chock full?
Chock full just means there's lots of them.
They're filled every space.
Could you give us another example with a chock full?
Like, it sounds like chocolate.
Chock, it does, doesn't it?
I suppose the small businesses are chock full of independently made goods, because they're small businesses.
They don't take things from chains usually.
Yeah, chock full means completely full.
It's informal and it means like, well, completely full.
Like, the room is chock full of books.
So full of books. We can say independent businesses are still alive, or maybe independent businesses are disappearing, where you live.
But if they are doing fine, which verb do we use?
To mean that they are fine, they're successful.
Well, if they're fine, they're alive.
But if they're doing well, or they're successful, then they are thriving.
Yeah. Small businesses are thriving in my town, or are not thriving.
And what can we say if small businesses are disappearing because of large corporations like Starbucks?
Closing, going out of business.
Yeah, they are going out of business.
They are closing down, because such chock's, you know, it's home, home, home.
Such chock's as Starbucks are expanding.
Prussia doing things prefer buying in big companies, large corporations, or in small businesses.
And Rory told us that supermarkets, or chains, chains like a chain of supermarkets, are preferable.
They are more reliable.
I can rely on them. Yeah.
Well, they're, if they provide what you need consistently, then they're reliable.
But if they do not do this, then they're unreliable.
And Rory can't usually find the things he needs in independent stores, or shops, so kind of like independent stores, don't usually have what I'm looking for.
I'm looking for toilet paper, and a small business next door doesn't have it.
Here we can use the present perfect, so we can say, I've worked for larger local businesses, like hotels and restaurants.
Rory, so what did you do for a hotel?
What hotel was it, and what was your position?
I think I worked in the restaurant as a waiter, but this was like...
a heavy 20 years ago. A long time.
Did you enjoy it being a waiter?
No, not really, but it made me any teenager that enjoys working at that age for that kind of work.
What about a hotel? Also like a waiter in a...
I wait for a hotel restaurant, where you could be working in the reception staff or the cleaning staff as well.
Yeah, I used to work like what do you call a person who delivers newspapers?
Well, if you're a girl, then a newspaper girl, and if you're a boy, a newspaper boy.
Yeah, there is a certain say, I've never worked for a small business, I've only worked for larger companies.
And then again, present perfect, I've never thought about starting up my own business, or I've never thought about setting up my own business, set up my own business, or running my own business like you run, a business like you manage your own business.
And because the Rory is doing this podcast, so he says that, I like the freedom of action and flexibility.
What do you mean here? The freedom of action and flexibility.
Well, freedom of action is being able to do what you want.
And flexibility is being able to do it when you want.
You can say that I'd like to set up my own business, because I like the freedom of action and flexibility it gives me.
Okay? Despite the stress of organizing everything, or despite something, because yeah, there is this stress.
And also a very good structure to use is, if I were to open my own business, it would be a coffee shop, or a restaurant, or an Italian restaurant, or a flower shop.
So if I were to open my own business, it would be blah, blah, blah.
Even if you don't want to open your own business, do you listen to it?
Say something, okay? Because the examiner can ask you questions about, what about the future, would you like to open your own business?
And you say, yes, you know, if I were to open, I'd prefer to do this.
Rory, now, I'm going to give you some ideas for starting up your own business.
So forget about the podcast.
Okay? So you need to open your own business, and you won.
Rory the businessman. So I'm going to give you some ideas, and could you choose one?
Okay? Okay. Okay, the first one is, pet sitting.
I like that idea, but I'm allergic to pets.
So I wouldn't be a pet sitter, but I'm allergic to pets.
Like all pets, you're allergic to lizards and frogs and snakes.
Myotally. So maybe this is not the best choice.
Okay. What about t-shirt printing?
So you have a sense of fashion, Rory.
So you will launch a t-shirt printing business.
As long as I can print all of the t-shirts in black.
Without any design, yeah?
Okay. How about consulting, Rory?
So you are an knowledgeable person, a passionate person, about a specific topic like broadcasting or teaching.
So you can start a consulting business on your own.
Oh, that sounds like fun.
That doesn't sound too different to what I do already, to be honest.
Okay. All right. How about a woodwork?
So a person who makes furniture and who makes all sorts of things out of wood.
And this is a small business niche.
Rory, would you like to do that?
A woodworker? I would not.
That sounds like a lot of work for a very little reward.
I wouldn't prefer to start a woodworking business.
All right. Oh, how about online dating consultant, Rory?
Dating consultants. They help people create successful online dating profiles.
Um. Ah, yes? I mean, trying to think of a reason that just sounds weird.
I tried to think of a reason why that's not such a good idea.
But I think some people really need help with this, so I could do that too.
Yeah. So you will kind of, you will help them to organize their profiles.
And... Organize their lives, learn how to talk to people.
Sort of like what I do there.
So what was it? Again, what was your choice?
Like a pet sitter and a dating...
Either the dating one or the consulting one.
The teacher, printer and the woodworking sound like too much work for too little reward.
And the pet sitting is impossible because I'm mildly allergic.
Yeah, you see, Dylis and I, even if Rory doesn't want to set up a new business, he can say, well, but I'd like to be like a woodworker, or I'd like to be a pet sitter.
Now, some interesting ideas.
And the examiner will find it interesting to listen to you and you will throw in some interesting words.
I'd like to be a pet sitter, or I'd like to be an online dating consultant.
Yeah, because I've got a neck for arranging people's lives.
I've got a neck for something.
I've got... What's like, I'm all that.
Hopefully we've given you a neck for business vocabulary.
Thank you very much for listening.
And we'll get back to you in our next episodes.
Okay? Bye! Bye! Bye! Do you know many small businesses where you live?
Yeah, the main street near my home is chock full of them, to be honest.
I think it's one of the few places where independent businesses are still alive and thriving, at least in my turn.
Do you prefer buying things in big companies or small businesses?
Well, usually it's places like supermarkets or chains since they have, well, a more reliable supply line or supply chain.
And they have exactly what I need.
I know it's not a great choice for the local economy, but the independent stores never really have what I'm looking for, usually.
Have you ever worked in small businesses?
Yeah, well, I mean, one could argue I work for one now with the podcast, but aside from that, I don't think so.
I've only ever worked for larger local businesses like hotels and restaurants, but nothing like a tiny little shop.
Have you ever thought about starting your own business?
Well, I did. Though this was sort of bi-accent with the podcast and the online classes.
I like the freedom of action and the flexibility it gives me, despite the stress of organising every site.
And apart from that, what kind of small business would you like to have in the future?
If you could. I wouldn't like to have one.
I have my hands full already.
However, if I were to open another small business, I think it would be something very simple like coffee shop or something like that.
I say that simple. It's probably much more complicated in real life.
