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

A single-person business is one managed and owned solely by one person. This is the most typical kind of small-scale business. Some states may require individuals to be registered with the state as an occupancy permit or business and get an Employer Identification Number (EIN) if they plan to employ employees or sell tax-exempt goods or services. This article will provide you with information about the legal, tax, and financial requirements for operating as an individual business.

This is an essential read for any business owner. This Harvard Business Review article will prompt you to consider your leadership style. Also as this Huffington Post piece is sure to resonate with any small-scale business owners who interact directly with customers. It identifies unacceptable behaviors that turn people off from your business, and how to fix them.

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