The Individual Business – Understanding the Different Types of Businesses

If you’re looking to introduce a new product or service to market or just beginning your business venture, you will find no shortage of information and resources. It is essential to know the different types of businesses and how they’re structured to ensure you’re successful. Individual businesses are extremely common. They can range from sole proprietorships up to single-owner LLCs. These types of businesses are generally not registered with the state or federal government, but they 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, a Mexican and Japanese Fusion restaurant.

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