An individual 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 may require people to register with the state as a business or occupancy permit and get an Employer Identification Number (EIN) when they plan to employ employees or sell taxable goods or services. This article will give you information about the legal, tax, and financial requirements for operating as an individual business.
This is a must-read for anyone who is a business owner. This Harvard Business Review article will inspire you to think about your leadership style. This Huffington Post click this article will also resonate with small business owners who deal directly with their customers. It identifies the wrong behaviors that cause people to leave your business, as well ways to address these behaviors.