A single-person business is managed and owned solely by one person. This is the most popular kind of small-scale business. Some states require individuals to be registered as a business permit or occupancy permit with the state and obtain an Employer Identification Number when they intend to employ employees or sell tax-deductible services or products. This article will provide you with information about the legal, tax, and financial requirements for operating as a private business.
If you’re a business owner this is a must-read. This Harvard Business Review article identifies four traits of the best business leaders and will have you thinking about your own leadership style. This Huffington Post article will also be a hit with small-business owners who are directly involved with their customers. It identifies unacceptable behavior that can cause people to abandon your business, as the ways to correct the behavior.