If you’re looking to introduce an innovative product or service to market or just beginning your business venture, there’s plenty of information and resources. It’s important to understand the various types of businesses and how they are structured to ensure that you are a success. Individual companies are very common. They may range from sole proprietorships up to single-owner LLCs. These types of businesses are generally not registered with the state or federal government, however they may require certain about his licenses and permits depending on the industry and region.

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