The Individual Business – Understanding the Different Types of Businesses

It doesn’t matter if you’re trying to introduce an innovative product or service to market, or just beginning your business venture, you will find no shortage of information and resources. Understanding the various types and structures of businesses is crucial to your success. Individual businesses are very popular. They may range from sole proprietorships up to single-owner LLCs. These businesses are not registered with the federal or state government however they may need certain licenses and permits based on the type of business.

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 a Mexican and Japanese fusion restaurant.