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Individual Business – Legal, Tax, and Financial Considerations of Operating As an Individual Business
Individual Business – Legal, Tax, and Financial Considerations of Operating As an Individual Business
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An individual business is one that is run by a single individual. This is the most common kind of small-scale business. Some states require individuals to be registered as a business permit or occupancy permit with the state and obtain an Employer Identification Number when they intend to hire employees or to sell taxable products or services. This article will provide details about the legal financial, tax, and legal aspects of operating as an individual business.

If you're a business entrepreneur, this is a must-read. This Harvard Business Review article identifies four traits of the best business leaders and will have you thinking about your personal leadership style. Similar to this the Huffington Post piece is sure to be a hit with small business owner who deals directly with customers. It exposes the unacceptable behaviors that can cause people to abandon your business, as well as how to change these behaviors.

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