The Individual Business – Understanding the Different Types of Businesses

There’s never a shortage of information and resources no matter if you’re just starting out or trying to introduce an innovative product or service to the market. It’s important to understand the different types of business and how they’re structured so that you can make successful. One type of business that is extremely common is the private business, which ranges from sole proprietorships to sole-owner LLCs. These kinds of businesses are not usually registered with the federal or state government, however they may require specific licenses and permits depending on the industry and region.

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

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