An individual organization is a form of business that will not possess a legal entity separate from the owner. It is considered as the simplest of all business click this link here now forms, and is a great choice for many people who are only starting out. Someone business is usually a only proprietorship, but can also be a partnership or corporation according to its design and goals. Understanding how to sort yourself like a sole manager or someone is important when it comes to taxes as well as the many other factors of running your business.