An individual business is one which is owned and operated by a single person. This is the most popular kind of small-scale business. Certain states require that individuals obtain a business permit or occupancy permit with the state, and also obtain an Employer Identification Number for those who plan to hire employees or sell tax-deductible goods or services. This article will give you information on the tax, financial and legal aspects of operating a business as an individual.
If you’re a business owner this is a must-read. This Harvard Business Review article will cause you to reflect on your own leadership style. In the same way, this Huffington Post piece is sure to resonate with small business owners who deal directly with customers. It highlights the inconvenient behaviors that cause people to leave your company, as well as how to fix the behavior.
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