The Individual Business – Understanding the Different Types of Businesses

There’s never a shortage of information and resources, whether you are just beginning your journey or trying to introduce new products or services to the market. It’s important to understand the different types of businesses and the way they are organized so that you can be a success. Individual businesses are quite common. They may range from sole proprietorships to single-owner LLCs. These types of businesses are not usually registered with the federal or state government, however they may require specific permits and licenses according to the industry and region.

Diana Tapiz, owner of Tres Fuegos the Mexican-Japanese fusion restaurant, is featured in this successful story.

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