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

A business that is an individual one that is run by a single person. This type of business is most common among small businesses. Some states may require businesses to sign up with the state as an occupancy permit or a business and obtain an Employer Identification Number (EIN) If they intend to employ employees or sell taxable goods or services. This article will provide information on the tax, financial and legal aspects of running a business as an individual.

This is a must read for every business owner. This Harvard Business Review article will prompt you to consider your own leadership style. Similar to this the Huffington Post piece is sure to resonate with all small business owner who deals directly with customers. It identifies unacceptable behaviors that cause people to leave your business, and ways to alter the behavior.

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