The Individual Business – Understanding the Different Types of Businesses
If you’re trying to introduce an innovative product or service to market, or just beginning your business, there is no shortage of information and resources. Understanding the different kinds and structures of business is essential to your success. Individual businesses are extremely common. They may range from sole proprietorships, all the way up to single-owner LLCs. They are not registered with the federal or state governments, but might require certain licenses and permits based on the type of business.
Diana Tapiz, owner of Tres Fuegos the Mexican-Japanese Fusion restaurant, is featured in this story of success.