The Individual Business – Understanding the Different Types of Businesses

If you’re trying to bring a new product or service to market or just beginning your business, there is no shortage of information and resources. Understanding the different kinds and structures of business is crucial to your success. Individual businesses are quite popular. They may range from sole proprietorships all the way to single-owner LLCs. These businesses are not registered with the federal or state government but may require specific 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 with Diana Tapiz of Tres Fuegos Cocina, Tres Fuegos Cocina, a Mexican and Japanese Fusion restaurant.

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