Individual Business – Legal, Tax, and Financial Considerations of Operating As an Individual Business

A business that is solely owned by a single person is one owned and operated solely by the individual who owns it. This is the most popular kind of small-scale business. Some states require individuals to be registered as a business permit or occupancy permit with the state and get an Employer Identification Number for those who plan to hire employees or to sell tax-deductible products or services. This article will give you information about the tax, financial and legal aspects of running a business as an individual.

If you’re a business owner this is a must-read. This Harvard Business Review article will make you think about your own leadership style. Likewise as this Huffington Post piece is sure to resonate with all small business owner who deals directly with customers. It identifies intolerable behaviors that cause people to leave your company, as well in ways to alter the behavior.

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