set up - start, create, raise the capital - find money for a project, run at a loss - lose money in business, expand - become biggerr, merge - join with another company, annual turnover - amount of money a company makes ever year, to be taken over by a rival - another companies buys your company, stiff competition - strong competition, business venture - a difficult, risky, new project in the business world, break even - to not make or lose money,

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