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.
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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.
 
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