All companies need to raise capital to begin operations. These startup companies may choose to bootstrap the company using personal funding to provide seed capital for the early stages. Or they may seek out angel investors and venture capital by offering equity in rounds of financing called series A, B and C. They may also seek out strategic investors for extra capital and advice.Premium Members: PDF Transcript | Quizzes | MP3 Audio Only
Whether it’s ridesharing with Uber, lending your power drill to a neighbor with Peerby, taking advantage of a home exchange with Airbnb, or dozens of other examples, the so-called “sharing economy” is firmly established in our daily life. While the concept has been in place for some time, numerous enterprising groups have found a way to make the most of the current economic environment.Free Resources: Study Notes | Online Practice | Lesson Module
In today’s Business English News lesson, we look at how countries are using competitive devaluations of their currencies to stimulate economic growth.
It’s been a wild ride since the global economy welcomed in the New Year, and the scale of global easing that’s taking place has stunned investors. On average, an interest rate has been cut somewhere in the world once every 3 days, catching everyone off guard. If 25 countries cutting rates since the start of the year wasn’t proof enough, this week’s warning from Janet Yellen about the dollar’s strength confirmed that the world’s top central banks are fighting a currency war.Free Resources: Study Notes | Online Practice | Lesson Module
In this Business English vocabulary lesson, we’ll look at taxes, particularly corporate income tax. We will learn about audits done to ensure compliance with tax laws. And we will also explore exemptions and tax credits, as well as tax breaks and tax shelters. Ultimately, companies try to gain a higher tax rebate or pay less tax overall.Premium Members: PDF Transcript | Quizzes | MP3 Audio Only
In this Video Vocab lesson, we look at financial English vocabulary for taxes, particularly corporate income tax, which US businesses pay to the Internal Revenue Service, or IRS. Companies must file a return with the IRS every fiscal year. On their returns, companies declare revenue and capital gains and pay a certain tax rate based on those earnings.Premium Members: PDF Transcript | Quizzes | MP3 Audio Only