A single-person business is that is operated and owned by the owner. This is the most popular type of small business. Some states require individuals to apply for a business permit or occupancy permit with the state and obtain an Employer Identification Number for those who plan to hire employees or sell tax-deductible goods or services. This article will provide details regarding the legal, tax, and financial considerations of operating as a private business.
This is an essential read for every business owner. This Harvard Business Review article identifies four characteristics of the most successful kind of business leaders and will leave you thinking resource hard about your personal leadership style. This Huffington Post article will also resonate with small-scale business owners who deal directly with their customers. It highlights the insidious behaviors that can cause people to abandon your company, as well for ways to improve the behavior.