Mastering TOEIC Reading Part 1 & 2: Steps for Applying for a Business License

TOEIC Reading Practice Test: Business License Application

Part 1: Incomplete Sentences

  1. The first step in applying for a business license is to __ the type of business you plan to operate.
    A) identify
    B) clarify
    C) specify
    D) determine

  2. Before submitting your application, ensure that you have gathered all the necessary __ documents.
    A) supporting
    B) subsidiary
    C) supplementary
    D) auxiliary

  3. The local government office usually requires applicants to __ a detailed business plan.
    A) submit
    B) present
    C) deliver
    D) hand in

  4. It is essential to __ with all relevant zoning laws and regulations in your area.
    A) comply
    B) obey
    C) follow
    D) adhere

  5. The processing time for a business license application can __ depending on the complexity of your business.
    A) vary
    B) differ
    C) change
    D) alternate

  6. Many jurisdictions require businesses to obtain a __ identification number for tax purposes.
    A) federal
    B) national
    C) governmental
    D) state

  7. Applicants must pay a __ fee when submitting their business license application.
    A) processing
    B) handling
    C) administrative
    D) service

  8. It is advisable to __ with a legal professional to ensure all requirements are met.
    A) consult
    B) discuss
    C) confer
    D) deliberate

  9. Some businesses may need to obtain additional __ from specific regulatory agencies.
    A) permits
    B) approvals
    C) authorizations
    D) sanctions

  10. The application form must be __ completed and signed by an authorized representative.
    A) thoroughly
    B) completely
    C) entirely
    D) fully

  11. Applicants should be prepared to provide __ information about their business structure and operations.
    A) detailed
    B) comprehensive
    C) extensive
    D) in-depth

  12. Failure to __ with licensing requirements can result in penalties or business closure.
    A) comply
    B) conform
    C) abide
    D) adhere

  13. The local chamber of commerce can often provide __ assistance with the application process.
    A) valuable
    B) beneficial
    C) helpful
    D) useful

  14. Some municipalities require applicants to __ proof of insurance before issuing a business license.
    A) furnish
    B) supply
    C) provide
    D) present

  15. It is crucial to __ any changes in your business information to the licensing authority.
    A) report
    B) notify
    C) inform
    D) communicate

  16. The licensing board may conduct an __ of your business premises as part of the application process.
    A) inspection
    B) examination
    C) investigation
    D) survey

  17. Applicants should be aware of any __ deadlines for submitting additional documentation.
    A) specified
    B) designated
    C) appointed
    D) allocated

  18. Some businesses may be required to obtain a __ from the health department before operating.
    A) certificate
    B) permit
    C) license
    D) approval

  19. The application review process typically includes a __ background check of the business owners.
    A) thorough
    B) comprehensive
    C) extensive
    D) complete

  20. It is important to __ all application materials carefully to avoid delays in processing.
    A) review
    B) examine
    C) scrutinize
    D) inspect

  21. Applicants may need to __ for a public hearing if their business type requires special consideration.
    A) appear
    B) attend
    C) present
    D) show up

  22. The licensing authority may request __ information if the initial application is incomplete.
    A) additional
    B) supplementary
    C) extra
    D) further

  23. Some jurisdictions offer an __ application process for certain types of businesses.
    A) expedited
    B) accelerated
    C) fast-track
    D) swift

  24. It is advisable to keep a __ of all submitted documents and correspondence for your records.
    A) copy
    B) duplicate
    C) replica
    D) reproduction

  25. The business license application should __ the exact nature of your business activities.
    A) specify
    B) detail
    C) outline
    D) describe

  26. Applicants must __ to all local, state, and federal regulations governing their type of business.
    A) adhere
    B) conform
    C) comply
    D) abide

  27. Some municipalities require businesses to __ their licenses annually to continue operating.
    A) renew
    B) update
    C) refresh
    D) extend

  28. It is crucial to __ any potential environmental impact of your business in the application.
    A) address
    B) consider
    C) evaluate
    D) assess

  29. The licensing authority may __ your application if it does not meet all the necessary criteria.
    A) reject
    B) decline
    C) refuse
    D) deny

  30. Successful applicants will receive an official __ confirming their business license approval.
    A) notification
    B) communication
    C) announcement
    D) declaration

Business License Application Process FlowchartBusiness License Application Process Flowchart

Part 2: Text Completion

Text 1:

The process of (31) for a business license can be complex, but it is a crucial step in (32) your business legally. The first step is to (33) the type of license you need based on your business activities and location. Once you have this information, you can begin (34) the necessary documents and forms.

  1. A) applying
    B) appealing
    C) approving
    D) approaching

  2. A) operating
    B) functioning
    C) working
    D) running

  3. A) determine
    B) decide
    C) choose
    D) select

  4. A) gathering
    B) collecting
    C) assembling
    D) accumulating

Text 2:

When preparing your application, it’s important to (35) all required information accurately. This may include details about your business (36), financial projections, and proof of (37) with local zoning laws. Many jurisdictions also require applicants to provide a (38) business plan outlining their proposed operations.

  1. A) provide
    B) supply
    C) furnish
    D) deliver

  2. A) structure
    B) framework
    C) composition
    D) formation

  3. A) compliance
    B) adherence
    C) conformity
    D) obedience

  4. A) comprehensive
    B) detailed
    C) thorough
    D) extensive

Text 3:

After submitting your application, the licensing authority will (39) it for completeness and accuracy. This review process may take several weeks or even months, (40) on the complexity of your business and the (41) of applications being processed. During this time, you may be asked to provide (42) information or clarify certain aspects of your application.

  1. A) review
    B) examine
    C) inspect
    D) scrutinize

  2. A) depending
    B) relying
    C) hinging
    D) basing

  3. A) volume
    B) amount
    C) quantity
    D) number

  4. A) additional
    B) extra
    C) supplementary
    D) further

Text 4:

Once your application is (43), you will typically be required to pay a licensing fee. The amount of this fee can (44) significantly based on your business type and location. After payment is processed and all requirements are met, you will receive your official business license. It’s important to (45) this license in a visible location at your place of business and to be aware of any (46) requirements, such as annual renewals or periodic inspections.

  1. A) approved
    B) accepted
    C) granted
    D) confirmed

  2. A) vary
    B) differ
    C) change
    D) fluctuate

  3. A) display
    B) exhibit
    C) show
    D) present

  4. A) ongoing
    B) continuing
    C) persistent
    D) enduring

Answer Key

Part 1: Incomplete Sentences

  1. A) identify
  2. A) supporting
  3. A) submit
  4. A) comply
  5. A) vary
  6. A) federal
  7. C) administrative
  8. A) consult
  9. A) permits
  10. A) thoroughly
  11. B) comprehensive
  12. A) comply
  13. A) valuable
  14. C) provide
  15. B) notify
  16. A) inspection
  17. B) designated
  18. B) permit
  19. B) comprehensive
  20. A) review
  21. B) attend
  22. A) additional
  23. A) expedited
  24. A) copy
  25. A) specify
  26. C) comply
  27. A) renew
  28. D) assess
  29. D) deny
  30. A) notification

Part 2: Text Completion

  1. A) applying
  2. A) operating
  3. A) determine
  4. A) gathering
  5. A) provide
  6. A) structure
  7. A) compliance
  8. B) detailed
  9. A) review
  10. A) depending
  11. A) volume
  12. A) additional
  13. A) approved
  14. A) vary
  15. A) display
  16. A) ongoing

Business License Application ChecklistBusiness License Application Checklist

This TOEIC Reading practice test focuses on the steps for applying for a business license, incorporating relevant vocabulary and concepts. The test includes 30 incomplete sentences in Part 1 and 4 text completion passages in Part 2, along with their respective answer keys. This exercise will help test-takers improve their reading comprehension skills and familiarize themselves with business-related terminology commonly found in TOEIC exams.

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