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

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A single-person business is that is operated and owned by one person. This type of business is most prevalent among small-sized businesses. Certain states require that individuals register as a business permit or occupancy permit with the state and get an Employer Identification Number for those who plan to hire employees or sell tax-deductible services or products. This article will provide information about the financial, tax and legal aspects of operating a business as an individual.

This is an essential read for every business owner. This Harvard Business Review article identifies four traits that make the best kind of business leaders. It’ll leave you thinking about your personal leadership style. This Huffington Post article will also be a hit with small-business owners who interact directly with customers. It identifies unacceptable behavior that push people away from your company, as as how to change them.