The Individual Business – Understanding the Different Types of Businesses

There is no shortage of information and resources regardless of whether you are just beginning your journey or attempting to introduce new products or services to the market. It’s important to understand the various types of businesses and the way they are organized to ensure that you are successful. One type of business that’s extremely common is the private company, which can range from sole proprietorships to sole-owner LLCs. These businesses are not registered with the federal or state government however they might require certain licenses and permits depending on the type of business.

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.