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

A single-person company is one that is that is operated and owned by the owner. 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 also obtain an Employer Identification Number if they plan to hire employees or to sell tax-deductible services or products. This article will provide details on the legal, tax, and click this financial factors to consider when operating as an individual business.

If you’re a business entrepreneur, this article is essential to read. This Harvard Business Review article identifies four traits of the most effective kind of business leaders. It’ll leave you thinking hard about your own leadership style. Likewise the Huffington Post piece is sure to be a hit with small business owner who deals directly with customers. It highlights the insidious behaviors that push people away from your business, as well in ways to alter these behaviors.