IELTS Business Vocabulary for Writing and Speaking Updated 2022

IELTS Business Vocabulary for Writing and Speaking Updated 2022

There may be a sizable vocabulary list (or lexical resource, as IELTS examiners call it), but learning lengthy and difficult terms will be meaningless if you do not know how to utilize them in context. Understanding how to use new words is essential for word learning.
The speaking and writing phases frequently touch on a few prevalent subjects. One such subject, in the opinion of IELTS specialists, is money and business so it is important to comprehend Vocabulary about Business for IELTS Test.

This topic has a vast range of vocabulary words that can be categorized as complex. By using these words in the IELTS exam, you'll have a better chance of impressing the IELTS examiner and exhibiting your vocabulary. Some of the most crucial IELTS business vocabulary is covered in this blog and to complete the IELTS test candidate's understanding of vocabulary, you can also study it through the IELTS Vocabulary Preparation book, to get more vocabulary.

List of Business Vocabulary IELTS

Vocabulary	Meaning
to balance the books	to not spend more money than you are earning
to be self-employed	to work for yourself/to not work for an employer
to cold call	to make a sales call to someone without asking them for permission first
cut throat competition	when one company lowers its prices, forcing other companies to do the same, sometimes to a point where business becomes unprofitable
to do market research	to do research into what potential customers would or wouldn’t buy
to draw up a business plan	to write a plan for a new business
to drum up business	to try to get customers
to earn a living	to earn money
to go bust	when a business is forced to close because it is unsuccessful
cash flow	the money coming in and going out of a business
to go into business with	to join another person to start or expand a business
to go it alone	to start your own business
to go under	(see ‘to go bust’)
to have a web presence	to have a website or social media profile that showcases your business
to launch a product	to start selling and promoting a new product
to lay someone off	when a company ends an employee’s contract of employment
lifestyle business	a business that is set up to bring in a sufficient income and no more
to make a profit	to earn more money than it costs to run the business
niche business	a business that serves a small, particular market
to raise a company profile	to make more people aware of a business
to run your own business	to have a business of your own
sales figures	a report of the income a company generates through sales of products or services
to set up a business	to start a business
stiff competition	strong competition from other companies in the same area of work
to take on employees	to employ people
to take out a loan	to borrow money
to win a contract	when a business gets legally-binding work with an individual or company
to work for yourself	(see ‘to be self-employed’)

This topic has a vast range of vocabulary words that can be categorized as complex. For other IELTS vocabulary topics, you can check the IELTS vocabulary topic collection section. By using these words in the IELTS exam, you'll have a better chance of impressing the IELTS examiner and exhibiting your vocabulary. Some of the most crucial IELTS Business vocabulary is covered in this blog.

Using the above business and financial information All IELTS exam takers will benefit from learning IELTS vocabulary because it guarantees them a high grade while demonstrating their lexical resources. A high IELTS score can also guarantee you a spot in the best universities. Visit the ieltsclue blog today to discover more about the IELTS and other tests!