It doesn’t matter if you’re trying to bring a new product or service to market or just beginning your business, there is plenty of information and resources. It is important to know the various types of businesses and how they are structured to ensure that you are a success. Individual businesses are extremely common. They vary from sole proprietorships up to single-owner LLCs. They are not registered with the federal or state government, but may require specific licenses and permits depending on the type of business.
Diana Tapiz, owner of Tres Fuegos Tres Fuegos, a Mexican-Japanese restaurant, is featured in this successful story.