Analyst reviewing business analytics on a laptop Digital business dashboard with financial charts Business colleagues discussing a financial plan
LexiLinkLesson 21

Collocations for Confident Communication

Business, Finance and
Entrepreneurship

NOTICE • INVESTIGATE • PRACTISE • REFLECT

B2 · Upper-intermediate 80-minute lesson 20 target collocations
Start the lesson
Spot opportunities.
Manage resources.
Create value.

Lesson objectives

Key themes

Modern office buildings representing market expansion
BUSINESS DEVELOPMENT

A sustainable business combines customer insight, sound financial decisions and a willingness to adapt when conditions change.

Key collocations

  1. 01conduct market research
  2. 02launch a business
  3. 03develop a business plan
  4. 04identify a target market
  5. 05meet customer needs
  6. 06generate revenue
  7. 07make a profit
  8. 08incur losses
  9. 09manage cash flow
  10. 10set a budget
  11. 11raise capital
  12. 12attract investment
  13. 13reduce costs
  14. 14assess risks
  15. 15gain a competitive advantage
  16. 16build customer loyalty
  17. 17expand operations
  18. 18enter a market
  19. 19reach a target
  20. 20make an informed decision
Study definitions and synonyms

Business growth is rarely accidental: it develops through purposeful choices, practical learning, feedback and adaptation.

Explore the reading
S

Student profile

LexiLink · Business, Finance and Entrepreneurship B2–C1 80 minutes

Complete the tasks, investigate business and finance collocations in SkELL, and use the expressions to analyse realistic business decisions.

80-minute lesson route

Teacher-facing timing plan; the tasks below follow this sequence.

0–3 min · Warm-upDiscuss a business idea and what makes it viable.
3–13 min · ReadingRead about market research, business planning and financial decisions.
13–17 min · NoticingReview target collocations, their meanings and typical verb–noun partners.
17–23 min · RecognitionUse Matching and Find the Verb to recognise conventional business combinations.
23–30 min · ContextComplete sentences and choose collocations that fit business situations.
30–36 min · Lexical clozeSelect expressions using financial meaning and business context.
36–51 min · DDL with SkELLTest business collocation hypotheses using authentic examples and Similar words.
51–58 min · AnalyseUse Odd One Out to identify unnatural combinations and likely interference errors.
58–65 min · RepairCorrect collocation choices in business and finance scenarios.
65–72 min · Progressive testMove from recognition to contextual meaning and nuanced choices.
72–80 min · ProductionUse target collocations to justify an informed business decision.

Learning outcomes

By the end of this lesson, you will be able to interpret and use collocations related to entrepreneurship, market research and financial management; distinguish their meanings in context; test hypotheses with SkELL evidence; and justify business decisions using natural English word partnerships.

Target collocations: definitions and synonyms

Study each word partnership, its precise meaning and related expressions. Pay attention to combinations that may be translated word for word from your first language, especially when English uses a different verb with a familiar noun.

Reading: Business, Finance and Entrepreneurship

Read the text carefully or listen to it. Target collocations are shown in bold.

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From Business Idea to Informed Decision

Many businesses begin when an entrepreneur notices a problem that customers want solved. Before investing substantial time or money, the founder should conduct market research, learn about competitors and identify a target market. Research can reveal whether enough people are likely to buy the product and which features matter most. A company that understands its audience is better placed to meet customer needs rather than simply offering what its founders personally prefer.

A strong idea still needs planning. Entrepreneurs should develop a business plan that sets out the product, operating model, expected costs, sales strategy and financial assumptions. The plan can guide decisions about when to launch a business, how to price its offer and which resources are essential at the beginning. A plan should be specific enough to guide action, but flexible enough to change when new evidence appears.

Financial management is central to survival. A business needs to manage cash flow so it can pay employees, suppliers and other bills when they fall due. Owners often set a budget, monitor spending and look for ways to reduce costs without damaging product quality. Sales help a company generate revenue, but revenue is not the same as profit: a business can earn substantial income and still incur losses if its expenses are too high. To make a profit, income must exceed costs over the relevant period.

Growth may require additional resources. Some founders raise capital from lenders or investors, and a convincing plan can help them attract investment. Before expanding, however, a company should assess risks, including changes in customer demand, supply costs and competition. A business may gain a competitive advantage through reliable service, distinctive products or efficient operations. It can also build customer loyalty by consistently delivering value and responding to feedback.

When the business becomes stable, its owners may choose to expand operations or enter a market in another region. Expansion should be linked to a clear objective, such as reach a target for sales or customer retention, rather than growth for its own sake. Entrepreneurs who compare costs, evidence and likely consequences are more likely to make an informed decision. There is no single formula for success, but careful research, realistic financial planning and regular review can help a business adjust before a manageable problem becomes a serious one.

Reading Task A — Choose the best answer

Reading Task B — True or False?

Choose True or False according to the text.

Reading Task D — Match the idea to the paragraph

Choose the paragraph number (1–5). Some paragraph numbers may be used more than once.

1. Matching · 10 points

Start with recognition: choose the correct ending to complete familiar business and finance collocations.

2. Find the Verb, Find the Collocate · 10 points

Build natural collocations by identifying the verb that combines naturally with business and finance expressions.

3. Complete the Sentence · 10 points

Use sentence meaning and grammar to select a collocation that fits the context.

4. Collocation Sorting · 10 points

Choose verbs that form natural combinations in business and financial contexts.

5. Lexical Cloze · 10 points

Choose complete expressions using context, register and meaning rather than word matching alone.

6. SkELL Collocation Investigation · 15 minutes · 10 points (teacher-scored)

Open SkELL. Search business, budget, profit and risk in Word Sketch, inspect authentic example sentences and open Similar words. For each keyword, record two collocations, write an original sentence for each, add two related words and note one example that helped you test your initial hypothesis. Pay special attention to verb choices in phrases about money and business activity.

Investigation routine
Predict → search in SkELL → inspect examples and grammatical patterns → record two collocations → write your own sentences → compare Similar words → revise your hypothesis based on the evidence.
BUSINESSSearch focus: verb + noun; noun + noun
Explore combinations used to describe starting, planning and running a business.
BUDGETSearch focus: verb + noun; adjective + noun
Investigate natural expressions for planning expenditure, allocating money and controlling costs.
PROFITSearch focus: verb + noun; noun phrase
Compare expressions about making money, profitability and business performance.
RISKSearch focus: verb + noun; adjective + noun
Explore how businesses identify and evaluate threats before making financial decisions.

Teacher scoring: up to 10 points for accurate and varied collocations, original contextual sentences, relevant related words and evidence-based revision of a language hypothesis.

The structured fields are included in the lesson submission and appear as individual records in the teacher's spreadsheet.

7. Odd One Out · Based on SkELL · 10 points

Analyse naturalness: identify the expression that does not form a conventional collocation. Some distractors reflect common word-for-word translation errors.

8. Collocation Repair · 10 points

Correct unnatural combinations by considering meaning, grammatical pattern and business context.

9. Progressive Lexical Tests · 24 practice points

These tests become progressively harder: recognise common business collocations, choose expressions in financial contexts, distinguish closely related meanings and evaluate realistic commercial decisions. The practice score is reported separately from the 115-point lesson total.

10. Productive Recall Challenge · 5 points (teacher-scored)

Write at least 100 words on Business, Finance and Entrepreneurship. Use at least eight target collocations from this lesson. Write directly in the box; clipboard paste and drag-and-drop are disabled in this field.

Please compose your paragraph here rather than pasting a prepared text. Normal paste, cut/copy shortcuts and drag-and-drop are blocked in this writing field. This browser restriction supports the task rules but is not a complete plagiarism-detection system.

0 words — 100-word minimum to submit; no maximum

Write at least 100 words about a business idea or financial decision. Explain the target market, likely costs and risks, and how the business could generate revenue or gain a competitive advantage. Use at least eight target collocations and support your points with realistic examples.

Submit your lesson work to the teacher

Your name and group from the student profile above, your SkELL collocations and original sentences, related words, corpus notes, writing paragraph and available exercise scores will be collected in the teacher's spreadsheet.

Lesson score

Auto-scored sections: reading MCQ, True/False, paragraph matching, Matching, Sentence Completion, Odd One Out, Find the Collocate, Sorting, Lexical Cloze and Collocation Repair (100 points total). SkELL cluster (10) and productive writing (5) are teacher-scored. Maximum lesson total: 115 points. The 24-point Progressive Lexical Test is submitted as a separate practice result and is not added to the lesson total.

Vocabulary bank informed by the Lesson 21 topic, “Business, Finance and Entrepreneurship,” in the supplied collocation lesson collection. Definitions, reading and interactive exercises were adapted or written for LexiLink.

LexiLink · Connect words. Build fluency. Lesson submissions are sent to the configured Google Apps Script collector. The teacher must verify the saved row in Google Sheets because the browser cannot read confirmation in no-cors mode.