112 | P a g e
I didn't want to be a rival to my parents' company, so I opened a small supermarket in a neighboring
town and hired / signed / drew two employees. We made a deal with my father, agreeing that he would
be our primary supplier of fresh fruits and vegetables. Despite the tough competition in the sector, our
little store managed to break even its first year in operation.
Our market research showed that there was a big demand for organic food in the area, so we began
offering primarily organic products and raised our prices. Some of our customers took their business
elsewhere, but others came from miles away due to our reputation for excellent products and friendly
customer service.
Last fall, we launched our own line of organic fruit juices, and that's when things really started to take off. We opened up a café next door to the supermarket, and business is booming.
With the profit we're making, we can now invest in expansion and open a branch in another city. We're
even doing business internationally - I'm about to sign a contract with an organic coffee supplier from
South America.
Lesson 17 Quiz Answers 1. I lent Bill $20; he says he'll pay me back next week.
2. Excuse me, it's none of your business how much money I make.
3. Greenpeace raised five million dollars to help preserve the Atlantic rainforest.
4. How much of my income should I invest, and how much should I put into savings?
5. I can't believe I wasted $10 on a calculator that doesn't even work!
6. I didn't have enough savings to pay my college tuition, so I had to take out a student loan.
7. Sometimes your employer can pay your salary by making a deposit directly in your bank
account.
8. I really admire rich people who donate a large portion of their wealth to charity.
9. I try not to eat out at restaurants too often; I'm trying to save money.
10. Let's exchange money here at the airport so that we can get a taxi to the hotel.
11. My son earned $50 for taking care of the neighbor's dogs over the weekend.
12. We need to make a budget so that we don't end up spending more than we earn.