The Individual Business – Understanding the Different Types of Businesses

There’s never a shortage of resources and information, whether you are just beginning your journey or trying to introduce new products or services to the market. It is important to know the various kinds of businesses and the way they are organized to ensure that you are successful. One kind of business that is very common is the individual company, which can range from sole proprietorships to sole-owner LLCs. These types of businesses are typically not registered with the state or federal government, but they may require specific licenses and permits depending on the type of business and the location.

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

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