A single-person company is one that is run by and solely owned by that person. This is the most typical type of small business. Some states may require people to be registered with the state as a business or occupancy permit and obtain an Employer Identification Number (EIN) in the event that they plan to employ employees or sell taxable products or services. This article will provide information about the tax, financial, and legal aspects of running a business as an individual.
This is an essential read for anyone who is a business owner. This Harvard Business Review article identifies four traits that make the best business leaders and will leave you thinking hard about your personal style of leadership. This Huffington Post article will also resonate with small business owners who interact directly with customers. It exposes the unacceptable behaviors that cause people to leave your company, as well in ways to alter them.