CUE CARD – Describe a successful small business

Speaking -Part 2 (Cue Card)

Describe a successful small business.

 

You should say:

    • Who runs the business/how do you know about this              business?
    • What is the business?
    • Where is it?
    • Explain why you think it is successful
Sample Answer 

India’s economy is thriving. Nowadays, most people would rather work for themselves than an employer. People have established numerous tiny businesses, and now I’ll discuss one of their enterprises in my nation: jaywalking. Jay Jajhal, a youthful entrepreneur, founded the quick fashion company Jaywalking in 2016. He was raised in a family of aspirational lower-middle-class parents. He was a typical young man academically. Later, at the University of Mumbai, he pursued a bachelor’s degree in fashion design. He decided to start his firm after discovering his interest in business while studying fashion design. His clothing was extremely rare and had custom designs, which immediately made this brand popular. Regular consumers of this brand include actors Ranveer Singh, Amitabh Bachchan, Scoutt, Shubhman Gill, and many more. The vast customer base that this company has gathered in a short amount of time is the primary factor in determining its success. Additionally, this company works on many humanitarian issues and hires women. This company has been entirely self-funded up to this point and hasn’t received a single round of investment. The founder has plans to diversify the product line and appeal to clients around the world in the future. In conclusion, Jaywalking is among the fastest-growing businesses worldwide, and the quality of their goods surpasses that of many pricier clothing labels.

Speaking -Part 3 (Follow up questions)
Here are some examples of follow up questions that examiner may ask during your speaking (part 3) related to cue card ‘Describe a successful small business’.

Q1. Who is the most active gender in small business?

There is no such specific gender which is enthusiastic in business. I believe both
men and women are doing wonderfully. Many young businessmen and women have inspired a lot of people in my country

Q2. What should be the government role in how small businesses are run?

Government should definitely promote small businesses by providing loan
guarantees to small businesses and encourage local banks to work with startups.

Word Meaning Example
Diversify to increase or develop To increase its sales the company must diversify
its strategy.
Humanitarian charitable, generous The boys were released on humanitarian grounds.

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