Reading A
How to Conduct Business Background Checks
There are more and more news stories about companies that defraud investors of millions of dollars. Therefore, it is important to be certain that the company you are intending to establish a relation with is reputable and the usual practice to do so is to run a business background check. In order to do this, the following straightforward steps are recommended:
basic company information
reputation
Litigation record
asset
credit
Reading A
Background Information Task 1 Text Task 2 Task 3 Task 4
Reading A
Background Information A business background check is a process that allows potential customers, investors, and partners to become acquainted with pertinent information about the history of the company. At the same time, running a background check on a corporation will reveal or verify data about the current status of the business. This data includes financial data that would be important to know before investing in the company or entering into a partnership with the corporation. Conducting a business background check involves looking into a number of different types of public records in order to get a true picture of the history and present status of the company.
新职业英语
1
Warming-up
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Reading A
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Listening4Biblioteka Speaking5
Reading B
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Writing
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Project
8 Vocabulary and Structure
1100
Task 1 Talk about what aspects should be covered in the
2. What do you think is the most important part of a business background check?
Well, that is not an easy question. If I have to choose which part is the most important, I would like to choose “criminal records”. Nobody likes to do business with a company that has been sued many times or has been involved in business criminals. It is just too dangerous. Dealing with a small company or company with ill reference, one might run into the risk of poor goods or service quality, while working with a big company with criminal records, one might be dragged into lawsuits or put into prison.
business background check.
credit
basic company information
reputation
Business Background
Litigation record
assets
Task 2 Discuss with your classmates to arrange the above aspects in the order of priority.
Reading A
Task 1 Before reading the passage, see how much you know
about business background check by answering the following questions.
1. Why do companies need to conduct business background checks?
Just as you don’t want to make friends with people who might fool you, you want to enter into business with partners whom you can rely on. Business world is more complicated than personal life. There are news and stories widely spread that how a company has been framed by its partners and the consequence can be fatal. As a result, one must be careful about whom to cooperate with and be sure that the company is reliable. The most common way to do so is to conduct a business background check.