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

A single-person company is one that is managed and owned solely by one person. This type of business is most prevalent among small-sized businesses. Some states may require individuals to apply for an occupancy permit or a business and obtain an Employer Identification Number (EIN) If they intend to hire employees or sell tax-exempt goods or services. This article will provide details regarding the legal financial, tax, and legal aspects of operating as a private business.

This is a must read for anyone who is a business owner. This Harvard Business Review article identifies four traits of the best business leaders and will leave you pondering your personal leadership style. This Huffington Post article will also resonate with small-scale business owners who deal directly with customers. It identifies unacceptable behavior that make people leave your business, as well as how to change the behavior.

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