A single-person business is owned and operated solely by the individual who owns it. This is the most common kind of small-scale business. Certain states may require individuals to register with the state as an occupancy permit or business and get an Employer Identification Number (EIN) when they plan to employ employees or sell tax-exempt goods or services. This article will provide information on the financial, tax and legal aspects of operating a business as an individual.
This is an essential read for every business owner. This Harvard Business Review article identifies four traits of the best business leaders. It will leave you thinking about your own leadership style. This Huffington Post article will also be of interest to small business owners who are directly involved with their customers. It identifies unacceptable behavior that cause people to leave your company, as well the ways to correct these behaviors.
