A single-owner business is one that is owned by a single person. It's distinct from a multi-owner business structure, such as LLC or a partnership, which is also an entity, but more streamlined and taxed in a different manner.

Individual businesses aren't required to be registered with the federal government, although they may require an DBA (doing business as) and any permits or licenses. They are not subject to the corporate tax rules and face unlimited liability. A lawsuit against an individual company could result in a loss of everything.

This article examines an under-explored type of business model namely the business model that is individual. Based on a thorough longitudinal inductive study of chef and gastronomic innovator Ferran Adria, the article identifies triggers, mechanisms and changes in his evolving individual business https://kauai-realtor.com/how-to-find-the-best-place-to-learn-about-data-rooms-for-real-estate-professionals/ model.