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

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A single-person business is one that is operated and owned by one person. This type of business is the most prevalent among small-sized businesses. Some states require individuals to register as a business permit or occupancy permit with the state, and also obtain an Employer Identification Number in the event that they plan to hire employees or sell taxable products or services. This article will provide details on the tax, financial, and legal aspects of operating a business as an individual.

If you're a business entrepreneur, this is a must-read. This Harvard Business Review article will make you think about your own leadership style. This Huffington Post article will also be a hit with small-business owners who interact directly with their customers. It exposes the unacceptable behavior that can turn off customers from your business, as well how to fix them.