The Individual Business – Understanding the Different Types of Businesses

There’s never a shortage of information or resources, whether you are just starting out or attempting to introduce an innovative product or service to the market. Understanding the various types and structures of businesses is essential to achieving success. One type of business that is extremely common is the private company, which could range from sole proprietorships to single-owner LLCs. These companies aren’t registered with the federal or state government but may need certain licenses and permits based on the type of business.

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

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