The Individual Business – Understanding the Different Types of Businesses


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There is no shortage of information and resources available for those who are just beginning your journey or trying to introduce an innovative product or service to the market. Understanding the different kinds and structures of business is crucial to your success. One type of business that’s most common is the individual business, which can range from sole proprietorships to single-owner LLCs. These types of businesses are typically not registered with the state or federal government, but they may require specific permits and licenses according to the industry and location.

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


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