1. Have you ever started a small business?
Yes, I have started a small business. I launched a small educational consulting firm to provide language learning and teaching resources. It was a rewarding experience that allowed me to apply my expertise and passion for education.
2. What type of small businesses are popular in your area?
In my area, popular small businesses include cafes, boutique shops, local markets, and service-based businesses like hair salons and repair shops. These businesses cater to the daily needs and preferences of the community.
3. Do you think it’s important to support small businesses? Why?
Yes, it’s very important to support small businesses because they are the backbone of the local economy. They create jobs, foster innovation, and contribute to the unique character of a community. Supporting small businesses helps sustain the local economy and ensures a diverse marketplace.
4. What challenges do small business owners face?
Small business owners face several challenges, including limited access to capital, high competition, regulatory hurdles, and the need to constantly innovate. Additionally, they often have to manage all aspects of the business themselves, which can be time-consuming and stressful.
5. Have you ever bought something from a small business? What was it?
Yes, I frequently buy items from small businesses. Recently, I purchased handmade soap and candles from a local artisan. These products were unique and of high quality, which is something I often find in small businesses.
6. Do you think small businesses have a future in today’s economy? Why?
Yes, I believe small businesses have a future in today’s economy. While they face challenges, small businesses are adaptable and can offer personalized services and unique products that large corporations often cannot. Additionally, the rise of e-commerce has provided new opportunities for small businesses to reach wider audiences.
7. What advice would you give to someone starting a small business?
I would advise someone starting a small business to conduct thorough market research, create a solid business plan, and ensure they have a clear understanding of their target audience. It’s also important to be adaptable and open to feedback. Building a strong network and seeking mentorship can also provide valuable support and insights.
8. How do small businesses impact the local community?
Small businesses have a significant impact on the local community by creating jobs, stimulating economic growth, and fostering a sense of community. They often support local events and initiatives, contributing to the social and cultural fabric of the area. Small businesses also encourage entrepreneurship and innovation within the community.
9. What skills are important for running a small business?
Running a small business requires a variety of skills, including financial management, marketing, customer service, and problem-solving. Strong communication and leadership skills are also essential, as is the ability to adapt to changing circumstances and make informed decisions.
10. Have you ever worked for a small business? How was the experience?
Yes, I have worked for a small business. The experience was enriching and educational. I had the opportunity to wear many hats and gain hands-on experience in different aspects of the business. This holistic involvement provided me with a deeper understanding of how businesses operate and the challenges they face.
Vocabulary for Band 9+ IELTS Speaking
1. Rewarding – Providing satisfaction; gratifying
2. Backbone – The chief support of a system or organization
3. Foster – Encourage the development of something
4. Regulatory hurdles – Legal and administrative obstacles
5. Artisan – A worker in a skilled trade, especially one that involves making things by hand
6. Adaptable – Able to adjust to new conditions
7. E-commerce – Commercial transactions conducted electronically on the internet
8. Market research – The action or activity of gathering information about consumers’ needs and preferences
9. Entrepreneurship – The activity of setting up a business or businesses, taking on financial risks in the hope of profit
10. Holistic – Characterized by the belief that the parts of something are interconnected and can be understood only by reference to the whole