Describe A Successful Small Company Or Business That You Know – Academic English – Studocu
Describe
A
Successful Small Company Or
Business
That
Y
ou Know
Y
ou should say :
what the business is
where it is
who runs the business / how you know about this business
and explain why you think it is successful.
Nowadays,
there
is
a
booming
trend
of
start-ups
in
my
city;
however
,
not
all
of
them
are
successful.
One
of
the
businesses
that
I
think
is
the
most
successful
is
a
chain
of restaurants and café
boutiques
.
I
remember
that
2
years
ago,
they
only
had
one
business
in
our
city
.
I
t
quickly
became
one
of
the
favorite
spots
for
the
youth
to
get
together
.
Now
they
have
expanded
with
franchises
in
almost
every
corner
of
my
city
.
The
fame
of
X
has
spread by
word of mouth
and in my case, a friend told me about it.
The
owner
of the
chain
is a
young
woman,
who is
only
31
years
old. Since
I
have
always
been interested
in
opening
up
a small
café/restaurant
of my
own,
I
admire
her
work
a
lot
.
She
has
successfully
created
a
brand
name for
real
food,
in
t
he
modern
era.
Every
time
I
have
visited
this
restaurant,
it
has
always
been
full
and
this applies to all other locations in our city
.
Recently
,
the
group
announced
that
it
had
raised
a
5.5
million-
dollar
investment
from
overseas
funds.
This
proves
that
X
could
be
considered
to have
great potential
in developing
further and
becoming more
successful in the
future.
V
ocabulary
Booming:
Having a sudden increase in business, wealth,
and success.
Eg:
The owner was able to buy new machinery beca
use his company was booming and he
had money to invest
Start-ups:
Companies that are just opening.
Eg:
Many start-ups fail because they do not have e
nough money to survive their first ye
ar in
business.
Chain:
A
group of businesses owned by th
e same company
.
Eg:
There are about 6 large chains of s
upermarkets selling food in the UK.
Boutique:
A
small business that sells fashionable products.
Eg:
A
famous street in London is f
ull of small boutiques selling all t
he latest styles of
clothes.
Franchises:
Businesses that have been given permiss
ion by a company to sell its
products in a particular area.
Eg:
The largest restaurant franchise in the UK
is McDonald’
s.
Wo
rd of mouth
: The chain is famo
us because people have talked a
bout it to each
other
.
Eg:
The news of the accident spread by wor
d of mouth, hours before it was re
ported on T
V
.
Brand name:
The name given to a product by th
e company that produces it.
Eg:
The brand name of the most famous trainers is NIK
E.