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The Individual Business – Understanding the Different Types of Businesses

There is no shortage of information or resources no matter if you’re just starting out or trying to introduce a new service or product to the market. Understanding the different kinds and structures of business is essential to achieving success. Individual about his businesses are very common. They can range from sole proprietorships up to single-owner LLCs. These types of businesses are not usually registered with the federal or state government, however they may require specific licenses and permits in accordance with the industry and the location.

Check out this story of success from our San Diego & Imperial Valley Small Business Development Center with Diana Tapiz of Tres Fuegos Cocina which is a Mexican and Japanese Fusion restaurant.