Read the passage below and summarize it using one sentence. Type your response in the box at the bottom of the screen. You have 10 minutes to finish this task. Your response will be judged on the quality of your writing and on how well your response presents the key points in the passage.
The problem with some business ideas is their cost. To manufacture and market a product you have invented could cost you millions of dollars. The investment in machinery, buildings, inventory and other expenditures could bankrupt you before your first sale ever occurred.
For this reason, many prefer to run a paper business. Paper businesses do not require large investments of capital for expensive equipment, inventory, and buildings. Many paper businesses can be run from your own home. A paper business is a business that can be operated mainly using pieces of paper, such as contracts, invoices, shipping documents, etc.
Consultants charge large fees for their knowledge, expertise, skills, connections, experience, and other assets. This business can be operated from home with little more than standard office equipment and supplies. Consulting is a paper business because your product is an intangible service. Your results are often summarized in a written, paper report and you use written contracts to protect your interests.
The problem with some business ideas is their cost of investment in machinery, buildings, inventory and other expenditures that could bankrupt business owners even before the first sale ever occurred, hence many people prefer to run a paper business.
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