There’s a wealth of resources and information, whether you are just beginning your journey or attempting to introduce a new service or product to the market. Understanding the different types and structures of businesses is essential to the success of your venture. One type of business that’s quite common is the single business, which can range from sole proprietorships to sole-owner LLCs. These types of companies are typically not registered with the state or federal government, but may require specific licenses and permits in accordance with the industry and the location.

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