The Individual Business – Understanding the Different Types of Businesses
The Individual Business – Understanding the Different Types of Businesses
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If you’re trying to introduce an innovative product or service to market, or just beginning your business venture, there’s no shortage of information and resources. Understanding the different kinds and structures of business is essential to the success of your venture. One kind of business that is most common is the individual company, which can range from sole proprietorships to sole-owner LLCs. These businesses are not registered with the federal or state government however they may require specific licenses or permits based on the type of business.
Check out this story of success from our San Diego & Imperial Valley Small Business Development Center with Diana Tapiz of Tres Fuegos Cocina, Tres Fuegos Cocina, a Mexican and Japanese Fusion restaurant.