Describe your idea of starting a new business – IELTS Cue Card
Describe your idea of starting a new business
You should say:
- what business it will be
- how you have got this idea
- what preparation and planning it would require
Well, I am planning to establish a small home decor business in my hometown. I think it is a good business idea for a small town like Himachal where things are not easily and readily available to people. My parents will provide financial assistance for the store, and I will run it. Initially, it would be a small business because I don’t know what kind of response I will get from my consumers.
I am currently living in Mumbai and working for a company, but I am considering returning to Himachal to live with my parents. I cannot perform my work obligations remotely. Thus I will have to resign. When I visited my hometown a few months ago, my mother requested me to bring some home decor items with me. I realised that no home decor firms were operating in my hometown. I felt starting a home decor business in our region would be a fantastic business concept. As people spend more time at home, they are becoming more interested in decorating their houses and that a new trend has emerged in which individuals instead of going to clubs, prefer to have house parties.
Starting a business needs a great deal of planning and preparation. To begin, I will need money to rent or buy a business space for the store, and then I will need to find places that can offer me home decor items at wholesale prices. After that, I’d have to invest money in staff hiring, furnishing, legal paperwork, and lastly, advertising.
- Establish – set up on a firm or permanent basis.
Eg: India established the Indian labour law scheme in 1929.
- Assistance – the provision of money, resources, or information to help someone.
Eg: Probably Mary received financial assistance from her brother, who lives in the USA.
- Obligations – an act or course of action to which a person is morally or legally bound; a duty or commitment.
Eg: Judith felt it was his moral obligation to tell the police what he knows.
- Operating – Involve in a kind of operation or being in effect
Eg: The lift is not operating properly.
- Trend – a general direction in which something is developing or changing.
Eg: There is a growing trend towards early retirement.
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