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

A single-person business is one owned and https://kauai-realtor.com/how-to-make-a-board-work operated solely by one person. This is the most popular type of small business. Certain states may require individuals to be registered with the state as an occupancy permit or business and obtain an Employer Identification Number (EIN) in the event that they intend to hire employees or sell taxable goods or services. This article will give you information on the tax, financial and legal aspects of running a business as an individual.

This is a must-read for every business owner. This Harvard Business Review article will make you think about your own leadership style. This Huffington Post article will also resonate with small business owners who deal directly with customers. It exposes the unacceptable behavior that cause people to leave your business, as well how to change them.