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 is important to know the different types of businesses and the way they are organized to ensure you’re a success. One type of business quite common is the single company, which can range from sole proprietorships to single-owner LLCs. These companies aren’t registered with the federal or state governments, but may need certain licenses and permits based on the type of business.
Diana Tapiz, owner of Tres Fuegos Tres Fuegos, a Mexican-Japanese fusion restaurant, is featured in this success story.