An individual business is one which is owned and operated by a single person. This kind of business is most common among small businesses. Some states may require businesses to be registered with the state as a business or occupancy permit and obtain an Employer Identification Number (EIN) in the event that they plan to hire employees or sell taxable products or services. This article will give you information about the financial, tax and legal aspects of running a business as an individual.
If you’re a business owner this article is a must-read. This Harvard Business Review article will make you think about your leadership style. This Huffington Post article will also resonate with small-scale business owners who interact directly with customers. It exposes the unacceptable behavior that drive people away from your business, and how to change these behaviors.