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You should say:

  • what kind of business it is
  • how you first heard of this business
  • what the family does for this business

and say why you think it is a good family business.

 

 

go into business

up a company  or establish a company

tough competition

gain market share =secure a significant number of customers

going bankrupt

making a profit

operate at a loss =the business is losing money

hire/take on staff/employees

do business together

launch a new product

take their business elsewhere

run a business

business just might take off =become popular/successful

business is booming

buying from a rival company =a company that is your competitor

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