A business that is solely owned by a single person is one run by and solely owned by the individual who owns it. This is the most frequent kind of small-scale business. Some states may require individuals to apply for a business or occupancy permit and obtain an Employer Identification Number (EIN) when they plan to employ employees or sell taxable Leveraging Virtual Data Room Services for Business Success products or services. This article will provide information on the financial, tax and legal aspects of running a business as an individual.
This is a must-read for anyone who is a business owner. This Harvard Business Review article identifies four traits that make the best kind of business leaders and will have you thinking about your personal style of leadership. This Huffington Post article will also resonate with small-scale business owners who work directly with their customers. It identifies unacceptable behaviors that cause people to leave your business, as well ways to alter these behaviors.