Business English Words

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the total amount by which money spent is more than money received  

Deficit

A substance or a primary product that can be traded or bought and sold usually in large quantities

Commodity 

An increase in the prices of goods and services over time, causing a reduction in the value of  money  

Inflation

The joining of two or more companies to make one larger company

Merger  

is the total amount of money you earn from the job you do  

Earning

happening twice a year

Biannual 

a very small supply of resources; a lack of something  

Scarcity  

signboard for advertising posters

Billboard  

is the money that someone is paid every week by their employer  

Wage

Producing a lot of money; profitable

Lucrative 

Build a strong online presence:  This means having a professional website, social media accounts, and other online assets that showcase your products or services 

Engage with your audience:  Building relationships with your customers is crucial for building a successful online business. This can be through social media, email marketing, or even live video streams 

Stay up to date with industry trends:  Keep an eye on what's happening in your industry and adapt your business accordingly 

Don't be afraid to pivot:  If something isn't working, don't be afraid to try something new. This could be changing your business model or offering new products or services 

Keep learning:  There is always something new to learn in the world of online business, so make sure to stay up to date with the latest trends and techniques 

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