Valuable Business English Phrases
Understanding these valuable business English phrases is crucial when conducting international business, as it enhances your communication skills in professional settings.
This knowledge helps in building confidence, facilitates effective interactions, and fosters collaboration in international work environments.
Familiarity with valuable business English phrases aids your understanding of English conversations, presentations, and interpreting written documents.
Ultimately, proficiency in understanding valuable business English phrases takes you to better career opportunities, and a greater ability to navigate the global business landscape.
Here’s a list of valuable business English phrases and terms along with their meanings and examples.
Ballpark figure - an approximate estimate or rough calculation.
Can you give me a ballpark figure of the project's total cost?
Think outside the box - to think creatively and develop innovative ideas.
We need to think outside the box to find a solution to this issue.
Touch base - to make contact or communicate, usually briefly.
Let's touch base next week to update each other on our progress.
Run it up the flagpole - to present an idea or proposal to see how it is received.
I’ll run the new marketing strategy up the flagpole and see what the executives think.
On the same page - having a shared understanding about a topic.
Before we start the project, I want to make sure we're all on the same page.
Leverage - to use something to maximum advantage.
We should leverage our strong social media presence to boost sales.
Get the ball rolling - to start a process or activity.
Let’s get the ball rolling on the new marketing campaign.
In the loop - being informed in a particular situation or discussion.
Please keep me in the loop regarding any developments in the project.
Break even - the point at which total revenue equals total costs, resulting in neither profit nor loss.
We need to sell at least 1,000 units to break even this quarter.
Synergy - the idea that the combined efforts of a group produce a greater outcome than the sum of individual efforts.
We’re hoping for synergy between the marketing and product development teams.
Take it offline - to discuss a topic later, outside of a formal meeting.
This discussion is getting too detailed for the meeting; let’s take it offline.
Circle back – to return to a previous discussion later.
Let’s circle back to the budget discussion after we finish this agenda.
Raise the bar – to set a higher standard or expectation.
With our new initiative, we aim to raise the bar for customer service in our industry.
Move the goalposts – to change the criteria or expectations for success, in a way that makes it more difficult to succeed.
Be careful not to move the goalposts during the performance review; it's unfair to the team.
Pipeline – a process or series of stages through which something passes, often used in sales to refer to potential deals in progress.
We have several promising leads in the pipeline for next quarter.
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