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Describe your idea of starting a new business

IELTS Cue Card/ Candidate Task Card 338 with Model Answer:

Describe your idea of starting a new business in your area.

You should say:
  • what business it will be
  • how you have got this idea
  • what preparation and planning it would require
and explain whether you would personally start it or not.

[You will have to talk about the topic for one to two minutes. You have one minute to think about what you're going to say. You can make some notes to help you if you wish.]

Model Answer:
Well, I am planning to start a business in our town and I think this is a good business idea for anyone to start in our area. I will finance the business while one of my cousins would look after it. The business idea is that we will start a store that will sell cosmetics and perfumes along with some other necessary household items. Initially, it would be a small store and I hope someday it will grow big. 

I have completed my graduation a few months ago and I am searching for a suitable job. In the meantime, I want to start a small business that would become a steady income source for me. A few months ago, I noticed that our town has a huge demand for branded and locally made perfumes and cosmetics but only a handful of stores sell them. I had to order online a perfume I was looking for a few months ago, and at that time, I thought it would be a good business idea to establish a perfume and cosmetics store in our area.

Some planning and preparation are needed to start the business. First of all, I would need a large sum of money in my account so that I can finance the business. Then I would need a business location for the store. Actually, the hardest part of the plan is to manage an office or a store in a prime location. However, I also would need to invest in advertisements, legal papers and for decorating the store. I've done my homework about the prospect of the business and I am convinced that if everything goes according to the plan, the business would start doing good after a couple of months from now.  

This is a great business idea and I am going to start it. Hopefully, I would be able to start it within the next couple of months. Please wish me luck.

Idea generation for this Cue Card topic:  

"Describe your idea of starting a new business in your area." 

The idea of starting a new business might be different based on someone's perspective, aim and situation. So, some other hints would prove to be helpful for many candidates. Here are a few other similar ideas for your convenience.

1. Starting a computer repairing shop could be a good business idea in our town. If someone knows how to repair a computer and laptop, and can start a business, he or she would definitely do better. The number of computer users is increasing rapidly in our town and we have only a couple of such computer repair shops. This is why I believe the business prospect is good.

2. At present, the necessity of editorial service is emerging. Only a few agencies offer this service in our area. So, my new business plan is to provide editorial service to my clients based on their needs. I will provide editorial services professionally like ghostwriting, copy editing, proofreading, web page content generation and so on.

3. In Australia, people remain too busy to plan for an event. So, I think there are huge prospects of event planners if someone can take it professionally. But before moving to the business, I would have to plan in detail about it. Visiting the event location is also important to plan for an event. Database preparation would be another task to kick off the business.

4. Many real estate companies are searching for a perfect interior decorator for their projects and I have a plan to start a business as an interior decorator. I still need comprehensive planning to start it. 

5. People are busy these days and they need some sort of relaxation to feel better and remain recharged. Considering this fact, I believe that a professional yoga centre could be a great business idea in our locality. Though I think that it is an excellent business idea, I would not want to start a yoga centre primarily because I do not have any prior experience in it.

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