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

A business that is an individual one which is owned and operated by one person. This kind of business is most common among small businesses. Some states may require individuals to apply for an occupancy permit or a business and get an Employer https://kauai-realtor.com/how-to-make-a-board-work Identification Number (EIN) when they intend to employ employees or sell tax-exempt goods or services. This article will provide details on the tax, financial and legal aspects of operating a business as an individual.

This is an essential read for anyone who is a business owner. This Harvard Business Review article will cause you to reflect on your own leadership style. This Huffington Post article will also be of interest to small business owners who work directly with customers. It exposes the unacceptable behavior that can turn off customers from your business, and how to change the behavior.

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