SMALL BUSINESSES IN CRISIS

http://www.youtube.com/watch?v=VE-Tb2fvSvM&feature=relmfu

WATCH THE VIDEO AND ANSWER THE QUESTIONS.

1) 2) 3) 4) 5) 6) 7) 8) What does this business specialize in? What problems do the owners of the business face? Are they faced with the problem of staff turnover? Why are they forced to lay off their employees? Why do they say that financial system failed them? Why cannot they meet a payroll? How does lack of cash affect the economy of the state? How do the owners of the business describe the state of economy?

GLOSSARY 1) flooring business 2) stumbling economy 3) to run out of money 4) to lay off workers 5) across the country 6) financial system failed them 7) to meet a payroll 8) to make ends meet 9) to keep cash flowing through the business 10) money is tight

ENACT AN INTERVIEW WITH THE OWNERS OF THE COMPANY USING THE PROMPTS. Why/ lay off/ 20%/ work force? Lots/small businesses/ on the verge of bankruptcy/ find it hard/ make ends meet. But/ efficient employees/can/find another job? I doubt that/land another job in the industry/businesses/ close down/across the country. I know/money is tight/why/sell off/ part of your business? Not/good way out/in the stumbling economy/small businesses/ stay on the float/ keep cash flowing through the business. Not /succeed in it? Go under/sell off the company/ pay off the loan. Have to admit/ the economy /fail lots of companies.