The Individual Business – Understanding the Different Types of Businesses
There’s no shortage of information and resources available for those who are just starting out or attempting to introduce new products or services to the market. It is crucial to be aware of the different types of businesses and the way they are organized so that you can be a success. Individual businesses are quite common. They can range from sole proprietorships up to single-owner LLCs. These kinds of businesses are not usually registered with the federal or state government, however they may require permits and licenses according to the industry and the location.
Check out this story of success from our San Diego & Imperial Valley Small Business Development Center featuring Diana Tapiz of Tres Fuegos Cocina which is an Mexican and Japanese fusion restaurant.