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The Individual Business – Understanding the Different Types of Businesses

By June 4, 2024 June 6th, 2024 No Comments

There’s no shortage of information and resources available no matter if you’re just starting out or trying to introduce a new service or product to the market. Understanding the various kinds and structures of business is essential to your success. One type of business that’s most common is the individual company, which can range from sole proprietorships to single-owner LLCs. These kinds of businesses are usually not registered with the federal or state government, but may require permits and licenses depending on the industry and location.

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

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