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

A single-person company is one that is run by and solely owned by the owner. This is the most typical 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 when they intend to employ employees or sell tax-deductible goods or services. This article will give you details about the tax, financial and legal aspects of operating a business as an individual.

If you’re a business owner this article is a must-read. This Harvard Business Review article identifies four traits that make the best business leaders. It’ll leave you thinking hard about your personal leadership style. This Huffington Post article will also resonate with small business owners who work directly with their customers. It identifies unacceptable behavior that push people away from your company, as in ways to alter them.

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