An individual business is one which is owned and operated by one person. This is the most typical type of small business. Certain states require that individuals be registered as an occupancy permit or business permit with the state and get an Employer Identification Number if they plan to hire employees or to sell taxable products or services. This article will give you details on the tax, financial, and legal aspects of running a business as an individual.
If you’re a business proprietor, this article is an absolute must-read. This Harvard Business Review article will prompt you to consider your leadership style. This Huffington Post article will also resonate with small-scale business owners who work directly with their customers. It highlights the insidious behaviors that make people leave your business, as the ways to correct these behaviors.