The Individual Business – Understanding the Different Types of Businesses

There’s a wealth of information and resources available no matter if you’re just beginning your journey or trying to introduce an innovative product or service to the market. Understanding the various types and structures of businesses is essential to the success of your venture. One type of business extremely common is the private business, which ranges from sole proprietorships to sole-owner LLCs. These types of businesses are generally not registered with the state or federal government, however they may require permits and licenses according to the industry 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, Tres Fuegos Cocina, a Mexican and Japanese Fusion restaurant.

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