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

A business that is an individual one that is run by a single individual. This is the most popular type of small business. Certain states require that individuals be registered as a business permit or occupancy permit with the state and obtain an Employer Identification Number if they plan to hire employees or sell tax-deductible goods or services. This article will provide details on the legal, tax, and financial factors to consider when operating as a private business.

If you’re a business entrepreneur, this article is essential to read. This Harvard Business Review article will prompt you to consider your leadership style. This Huffington Post article will also be a hit with small-business owners who interact directly with customers. It exposes the unacceptable behaviors that cause people to leave your business, as well in ways to alter them.

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