An individual business is require professional or technical disciplines one which is owned and operated by a single individual. This is the most frequent type of small business. Some states may require businesses to register with the state as a business or occupancy permit and get an Employer Identification Number (EIN) in the event that they plan to employ employees or sell taxable goods or services. This article will provide you with information on the legal, tax, and financial factors to consider when operating as an individual business.
If you’re a business entrepreneur, this article is an absolute must-read. This Harvard Business Review article identifies four traits of the best kind of business leaders and will leave you pondering your personal leadership style. In the same way as this Huffington Post piece is sure to resonate with any small business owner who deals directly with customers. It exposes the unacceptable behaviors that can cause people to abandon your business, as in ways to alter them.