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Unit 19A - Pitching for a New Business 
 
 
 
 
 
 
 
 
 
 
 
 
micro-business - answers An organisation with less than five employees 
 
Start-up - answers a newly formed business that is usually small 
 
idea generation - answers The creative process used to identify potential new products, processes or improvements to existing 
 
new markets - answers Groups of customers that a business has not sold to before 
 
business opportunities - answers Potential new markets, products or proc...
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Uni. Huddersfield•BM1234
English for Business Studies Unit 19 
 
 
 
 
 
 
 
 
 
cost accounting - answers calculating all the expenses involved in producing something, including materials, labour and all other expenses 
 
tax accounting - answers calculating how much an individual or a company will have to pay to the local and national governments 
 
auditing - answers inspecting and reporting on accounts and financial records 
 
accounting - answers preparing financial statements showing income and expenditure,...
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Uni. Huddersfield•BM1234