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Thursday, 30 May 2024 / Published in Newsletter

The Individual Business – Understanding the Different Types of Businesses

It doesn’t matter if you’re trying to introduce an innovative product or service to market, or just beginning your business venture, there is plenty of information and resources. It is crucial to be aware of the different types of businesses and the way they are organized to ensure you’re successful. One type of business that is very common is the individual business, which ranges from sole proprietorships to single-owner LLCs. These types of businesses are not registered with the federal navigate to this site or state governments, but may require specific licenses or permits based on the type of business.

Check out this story of success from our San Diego & Imperial Valley Small Business Development Center featuring Diana Tapiz of Tres Fuegos Cocina, an Mexican and Japanese fusion restaurant.

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