The Individual Business – Understanding the Different Types of Businesses

It doesn’t matter if you’re trying to bring an innovative product or service to market or just beginning your business venture, there is no shortage of information and resources. It is essential to know the different types of businesses and how they are structured so that you can make a success. One type of business extremely common is the private company, which could range from sole proprietorships to sole-owner LLCs. These kinds of businesses are typically not registered with the federal or state government, but they may require permits and licenses depending on the industry and location.

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

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