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

A single-person business is one that is operated and owned by that person. This is the most typical kind of small-scale business. Certain states may require individuals to be registered with the state as an occupancy permit or a business and obtain an Employer Identification Number (EIN) in the event that they plan to hire employees or sell taxable goods or services. This article will give you details on the financial, tax and legal aspects of operating a business as an individual.

If you’re a business owner this is a must-read. This Harvard Business Review article identifies four characteristics of the most successful business leaders and will have you thinking about your personal style of leadership. Similar to this the Huffington Post piece is sure to resonate with small business owner who navigate to this site deals directly with customers. It exposes the unacceptable behaviors that cause people to leave your business, as well for ways to improve them.


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