The Individual Business – Understanding the Different Types of Businesses

There is no shortage of information and resources no matter if you’re just beginning your journey or attempting to introduce a new service or product to the market. Understanding the different kinds and structures of business is crucial to your success. Individual businesses are extremely common. They vary from sole proprietorships all the way to single-owner LLCs. These types of businesses are not registered with the federal or state government, but might require certain licenses and permits based on their industry.

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

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