Ex.1. Find the English equivalents in the text. Отримувати прибуток; нести збитки; фінансова незалежність; успіх і самореалізація; активи (власність) компанії; уразливість перед судовими позовами; величезна

Отримувати прибуток; нести збитки; фінансова незалежність; успіх і самореалізація; активи (власність) компанії; уразливість перед судовими позовами; величезна більшість компаній малого бізнесу; управляти компанією; найбільш гнучка та адаптована форма; оподатковувати корпорації; мати необмежену відповідальність; брати на себе відповідальність; з точки зору закону; залучати висококваліфікованих працівників; спільно володіти власністю; укласти юридичну угоду; довід на користь; стимул стати партнером; нести спільну та індивідуальну відповідальність у випадку банкрутства; недолік/вада; розбіжності між партнерами; викликати конфлікти; обирати раду директорів; здійснювати нагляд над чимось; мати явні переваги; видобувати/знаходити додатковий капітал; передавати власність; надавати інформацію; підлягати подвійному оподаткуванню.

Ex.2. Give Ukrainian equivalents of the following words and phrases.

To do business; profit potential; size and nature of the business; level of control; to have advantages and disadvantages; to have day-to-day responsibility; to be in complete control over smth; to dissolve the business; to be adaptable to smth; on the less bright side; to assume personal responsibility; to be one and the same with the business; to raise funds; to distinguish between smth; to resolve disputes; to contribute time and capital; prospective employees; threat of potential disagreement; to affect smth adversely; unique entity; one of the weightiest advantages; incorporated/unincorporated business; to be created under a government charter; to impose tax on dividends; to prevent smb from (doing) smth.

Ex.3. Give three forms of the following verbs. Find the sentences with these verbs in the text.

Bring, suffer, do, make, choose, have, own, run, keep, react, pay, attract, buy, take, contribute, raise, give, tax, sue, hold, transfer, sell, mean, grow.

Ex.4. Match the words on the left with the definitions on the right.

	sole proprietorship	a	the state of being legally responsible for smth
	securities	b	a formal written statement of the principles and aims of an organisation; a legal document created when a corporation is formed (US)
	liability	c	the group of people chosen by shareholders to control a company
	shareholder	d	a business that is owned by a group of professional people who work together and share the profits
	charter	e	a business that is owned and run by one person
	liabilities	f	things of value that a person or a company owns, such as money or property
	board of directors	g	an amount of the profits that a company pays to shareholders
	entity	h	a financial asset, such as a share or bond
	to incorporate	i	a person or group that owns shares in a company or business
	dividend	j	the amount of money that a company or a person owes
	assets	k	to form a legal company or organisation, for example, by obtaining a certificate from the authorities
	entrepreneur	l	a business that exists as a separate unit and has its own legal identity
	partnership	m	a person who makes money by starting or running businesses

Ex.5. Make up verb+noun collocations (there may be several variants).

to have	(a) business
to do	losses
to make	a responsibility
to earn	advantages and disadvantages
to levy	decisions
to suffer	a drawback
to assume	taxes
to pay	funds
to run	a partnership
to raise	(a) profit
to establish	capital
to invest

Ex.6. Fill in the gaps in the following verb collocations with appropriate prepositions or adverbs.

To base the choice _____ one’s vision; to have responsibility _____ running the business; to adapt _____ changes; to place a special tax _____ corporations; to distinguish _____ the business and its owners; to admit potential partners _____ the partnership; to attract prospective employees _____ the business; to be created _____ the government charter; to be subject _____ double taxation.