Katarzyna Sawicz English Teacher
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What's bugging you?

12/19/2019

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HOW TO TALK ABOUT PROBLEMS AND DIFFICULTIES

Life is not a bed of roses, there are times when we need to face some difficulties. Some of them are small, some are much more important. How to talk about problems?

SMALL DIFFICULTIES

SNAG – a problem, especially a small one, hidden or unexpected
We hit a snag – we couldn’t pay for the shopping because there was not enough funds on the bank account.

SETBACK – a problem that delays or prevents something, makes the situation worse
The company suffered a major setback when it hadn’t been granted credit.

GLITCH – a problem that stops something working successfully
A few technical glitches made us put off the launch of our new product.

MORE IMPORTANT DIFFICULTIES:

STUMBLING BLOCK  – a problem that prevents action or agreement.
Conflict within a team is often a stumbling block to positive cooperation.

PITFALL – an unexpected difficulty (often in plural – pitfalls)
There are many pitfalls while buying a house.

OBSTACLE  – stops progress
A lack of qualifications can be a major obstacle to finding a job.

IMPEDIMENT – prevents free action, progress or movement
The level of red tape is a serious impediment to set up a new company in Russia.

DILEMMA – a situation which makes problems and you have to make a choice between things of equal importance
Job seekers face the dilemma of unsatisfying job against the risk of long-term unemployment.

ORDEAL – a severe experience, which is very difficult, painful or tiring
The refugees talked about the terrible ordeal they had been through due to the war.
 
Are you having difficulties with your English? I can help. Contact me.
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What is master budget?

12/9/2019

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What is Master Budget?
 it is a strategy that documents expected future sales, productions levels, purchases, future expenses incurred, capital investments, etc.

Find out how to calculate Master Budget

Read the text:
 
How to prepare a master budget? Start with your sales.
  • come up with a realistic estimate of next year’s sales.
  • what quantity of goods must your factory produce?
  • figure out the direct materials, direct labor, and overhead needed to make all these goods.
  • estimate your cash flows. Next year’s cash flows. Start with cash payments: how much will you need to pay in order to make all the goods that you plan to produce next year? Then look at inflows: Where will you generate the cash inflows needed to support production? Will you need to borrow money next year?
  •  prepare the rest of next year’s financial statements.
 
EX. 1
Match the words in bold with their definitions below:
  1. …………………………………  e.g. Profit and Loss Account, Balance Sheet
  2. ……………………………….. to produce, to bring
  3. ………………………………… the amount or number of something
  4. ………………………………… the amount of money moving into and out of a business
  5. …………………………………  the amount of money moving into a business
  6. ……………………………….. to guess or calculate the cost, size, value etc.

check your answers below.

Glossary:
master budget - budżet łączny
expected sales - przewidywana sprzedaż
purchases - zakupy
expenses incurred - poniesione wydatki/nakłady pieniężne
to estimate - oszacować
direct labor - koszty bezpośrednie robocizny
overheads - koszty ogólne, pośrednie 
cash flows - przepływy pieniężne
financial statements - sprawozdania finansowe np.: bilans, RZiS

Klucz:
1. financial statements, 2. generate, 3. quantity, 4. cash flows, 5. inflows, 6. estimate

Are you an accountant? Do you need to speak English at work? Are you preparing budgets or financial reports? Contact me to schedule your free trial lesson.
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Collocations for key business words

12/4/2019

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Collocations for Key Business Words
Collocations for Key Business Words

Collocations for Key Business Words 

What is a collocation?

It’s a pair of group of words that often go together. They can be made of a verb + noun (set up a business),  adjective + noun (direct costs), noun + noun (market leader). You should learn how words combine to sound natural and be more fluent in English.

Collocations for key business words – Verb + …

Verb + a COMPANY

Set up / establish / start a company
The company was established in 1997.


Buy / take over / acquire a company  
We are planning to take over our main competitor.


Leave / resign from a company  
She resigned from a company because she found a better job.


Manage / run a company 
We have been running our company since 2001.

 
Verb + a CONTRACT / an AGREEMENT

Change / alter / amend a contract  
We will have to amend the contract as our situation has changed.


Break / breach  a contract 
They breach the contract and didn’t supply the goods on time.


Negotiate a contract  
The company needs to renegotiate the contract with its suppliers.


Draw up / prepare  a contract  
I won’t be able to draw up the contract by the weekend.


Enter into / conclude / make a contract 
We concluded the agreement on 21st May.


Renew / prolong a contract 
They wish to renew the contract.


Terminate a contract 
Because our supplier doesn’t meet the provisions of the contract, we need to terminate it.

 

Verb + COSTS

Bring down / cut / reduce costs  
The costs are too high and we need to cut them.


Cover costs 
Who will cover the costs of transportation?


Incur costs  
The company incurred costs associated with retraining its stuff.


Pay / meet costs 
We will have to pay the costs of new software implementation.
​

 
Verb + a CUSTOMER / a CLIENT

Attract a customer 
What can we do to attract new customers?


Deal with a customer  
My main responsibility is to deal with customers and meet their needs.


Look after / take care of a customer 
In our company we really look after our customers.


Lose a customer 
We can’t afford to lose this client.

 
Do you want to learn more collocations? Schedule your lesson with me, contact me.

 
 
 
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    Katarzyna Sawicz

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    Key facts:
    - teacher of English
    - interpreter PL-EN, EN-PL
    - B.A in English Linguistics, M.A in Linguistics, Sworn and Business Translations, Financial Analysis and Reporting
    - over 18 years experience teaching and designing materials
    - experience teaching online to individuals and small groups
    - experience teaching in-company 
    - 3500+ hours of online lessons

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Prime Courses Katarzyna Sawicz
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