A business click this that is an individual one is a company that is owned by one person. It’s different from a business structure with multiple owners, for example a LLC or partnership, that is a type of business, however it’s structured and taxed in a different way.
Individual businesses typically don’t have to register with the federal government. However, they may need an DBA (doing business under the name of) as well as any required licenses or permits. They’re not subject to the same tax regulations as corporations and are exempt from liability, which means a lawsuit against an individual company could cost them everything.
This article examines an under-explored type of business model namely the business model that is individual. Based on a longitudinal study of chef and pioneer of gastronomy Ferran Adria’s ever-changing personal business model, this article identifies triggers and mechanisms.
APES- Uncategorized
- Setembro 29, 2024