A business that is solely owned by a single person is one managed and owned solely by the owner. This is the most popular kind of small-scale business. Some states require individuals to be registered as an occupancy permit or business permit with the state, and also obtain an Employer Identification Number for those who plan to hire employees or sell taxable products or services. This article will give you details on the tax, financial, and legal aspects of running a business as an individual.

This is an essential read for any business owner. This Harvard Business Review article identifies four traits of the best kind of business leaders and will have you pondering your own leadership style. This Huffington Post article will also resonate with small business owners who are directly involved with their customers. It highlights the insidious behaviors that can cause people to abandon your business, as well the ways to correct these behaviors.

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