An individual business is one that is operated and owned by a single individual. This kind of business is most frequent among small companies. Some states may require businesses to register with the state as an occupancy permit or a business and obtain an Employer Identification Number (EIN) in the event that they plan to hire employees or sell taxable goods or services. This article will give you information on the legal financial, tax, and legal considerations of operating as an individual business.
This is a must read for anyone who is a business owner. This Harvard Business Review article identifies four traits of the best kind of business leaders. It will leave you thinking about your personal style of leadership. Likewise, this Huffington Post piece is sure to resonate with small business owners who deal directly with customers. It exposes the unacceptable behavior that cause people to leave your company, as well as ways to address them.