Solo Success Worksheet

Solo Success Multiple Choices

This passage explains the concept of a sole proprietorship with a DBA name, which allows an individual to run a business under a separate name while maintaining complete control. It highlights the advantages of this setup, such as simplicity, flexibility in decision-making, and tax benefits where the business income is reported on personal tax returns. However, it also outlines the disadvantages, including unlimited liability (meaning personal assets could be at risk), limited resources, and the potential isolation that comes from handling all business responsibilities alone. Overall, the passage provides a clear picture of the pros and cons of this one-person business structure.

Reading passages like this helps students develop a better understanding of business-related vocabulary, such as “sole proprietorship” and “unlimited liability.” It improves reading comprehension by requiring students to compare and contrast the advantages and disadvantages of different business models. These passages also encourage critical thinking, prompting readers to consider which business structure might suit different needs. Additionally, it enhances grammar skills by presenting well-organized, informative text, allowing students to observe how ideas are clearly connected in formal writing.