The Individual Business – Understanding the Different Types of Businesses

If you’re looking to introduce an innovative product or service to market or just beginning your business venture, you will find no shortage of information and resources. It’s important to understand the different types of businesses and the way they are organized to ensure you’re a success. Individual businesses are quite popular. They vary from sole proprietorships, all the way up to single-owner LLCs. These types of businesses are usually not registered with the state or federal government, but may require permits and licenses depending on the industry and region.

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.

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