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

A single-person company is one that is run by and solely owned by that person. This is the most frequent kind of small-scale business. Certain states require that individuals be registered as a business permit or occupancy permit with the state and obtain an Employer Identification Number in the event that they plan resource to hire employees or sell tax-deductible services or products. This article will provide details on the legal financial, tax, and legal considerations of operating as an individual business.

This is an essential read for every business owner. This Harvard Business Review article will cause you to reflect on your leadership style. In the same way the Huffington Post piece is sure to resonate with any small-scale business owners who work directly with customers. It exposes the unacceptable behavior that turn people off from your business, and how to fix the behavior.

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