What is a Sole Proprietorship & How to Register

3 minute read

We all have something we’re good at. Maybe you are doing some freelance work as a side hustle, or you may have a hobby you want to turn into a business. That’s terrific! But when you look into formalizing your business, you start hearing words like a sole proprietorship, partnership, independent contractor and corporation. You start to get confused. What’s right for you?

A sole proprietorship is the most common way to start a business.  Let’s start with this and explain everything you need to know about sole proprietorships. We also have another article that can help you choose the right business structure.