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, there is no shortage of information and resources. Understanding the various kinds and structures of business is essential to the success of your venture. Individual businesses are extremely common. They can range from sole proprietorships all the way to single-owner LLCs. They are not registered with the federal or state government but might require certain licenses and permits based on their industry.

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

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