The Individual Business – Understanding the Different Types of Businesses

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There’s a wealth of information and resources no matter if you’re just starting out or trying to introduce a new service or product to the market. Understanding the different kinds and structures of business is essential to the success of your venture. Individual businesses are very popular. They vary from sole proprietorships up to single-owner LLCs. These types of companies are not usually registered with the state or federal government, but may require specific licenses and permits in accordance with the industry and location.

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

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