A business that is an individual one that is owned and operated by a single individual. This type of business is the most popular among small businesses. Some states may require businesses to sign up with the state as an occupancy permit or business and obtain an Employer Identification Number (EIN) when they plan to employ employees or sell taxable products or services. This article will provide details regarding the legal financial, tax, and legal considerations of operating as an individual business.
This is an essential read for anyone who is a business owner. This Harvard Business Review article will inspire you to think about your own leadership style. Likewise, this Huffington Post piece is sure to resonate with all small-scale business owners who work directly with customers. It highlights the insidious behaviors that push people away from your company, as for ways to improve these behaviors.