= coil, perhaps by borrowing from banks, the money needed - raise, = started making the same amount of money as we were spending - broke even , = got larger - expanded , = very strong, aggressive competition in the market, where other companies are trying to be more successful - stiff competition , = business opportunity - venture, = start or launch a company - set up , if a company ______, it continues to trade but is spending more money than it makes - run at loss , a company's annual _______ is the value of the goods sold each year - turnover , if two companies _______, they join together to form one company - merge , in this case, one company buys out and owns another company — sometimes it is hostile, meaning that the targeted company doesn't want to be bought - taken over,
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