A business that is solely owned by a single person is one run by and solely owned by that person. This is the most typical kind of small-scale business. Some states require individuals to obtain a business permit or occupancy permit with the state, and navigate to this site also obtain an Employer Identification Number when they intend to employ employees or sell taxable products or services. This article will provide information about the financial, tax and legal aspects of running a business as an individual.

If you’re a business proprietor, this article is essential to read. This Harvard Business Review article will cause you to reflect on your leadership style. This Huffington Post article will also resonate with small business owners who are directly involved with their customers. It identifies intolerable behaviors that cause people to leave your business, as well the ways to correct the behavior.