Individual Business – Legal, Tax, and Financial Considerations of Operating As an Individual Business
A single-person company is one that is managed and owned solely by that person. This is the most typical type of small business. Certain states may require individuals to sign up with the state as an occupancy permit or a business and get an Employer Identification Number (EIN) in the event that they plan to hire employees or sell tax-exempt goods or services. This article will provide you with information about the legal financial, tax, and legal aspects of operating as a private business.
This is a must read for anyone who is a business owner. This Harvard Business Review article identifies four traits that make the best kind of business leaders and will have you thinking about your personal style of leadership. This Huffington Post article will also be of interest to small business owners who interact directly with customers. It identifies unacceptable behaviors that can turn off customers from your business, as well how to change them.