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 individual. This is the most frequent kind of small-scale business. Some states may require people to apply for an occupancy permit or business and obtain an Employer Identification Number (EIN) If they intend to employ employees or sell taxable products or services. This article will provide details about the financial, tax and legal aspects of running a business as an individual.

If you’re a business proprietor, this is a must-read. This Harvard Business Review article identifies four traits of the most effective kind of business leaders and will have you pondering your personal style of leadership. This Huffington Post article will also be a hit with small-business owners who are directly involved with customers. It identifies the wrong behaviors that drive people away from your business, as well ways to address these behaviors.

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