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

A single-person business is one owned and operated solely by one person. This is the most common type of small business. Some states may require people to apply for an occupancy permit or a business and get an Employer https://kauai-realtor.com/how-to-find-the-best-place-to-learn-about-data-rooms-for-real-estate-professionals Identification Number (EIN) if they intend to hire employees or sell tax-deductible goods or services. This article will give you details on the financial, tax 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 cause you to reflect on your own leadership style. This Huffington Post article will also resonate with small business owners who interact directly with customers. It identifies unacceptable behavior that cause people to leave your company, as the ways to correct the behavior.

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