Dreaming of being your own boss, calling the shots, and reaping the rewards of running your business? You're not alone: More than 2.6 million people in Canada have chosen the path of sole proprietorship — a self-employment journey that's filled with opportunities, challenges, and yes, the sweet taste of independence.
But just like an explorer setting off on a new adventure, you might feel a mix of excitement and uncertainty. That's where a guide to navigating this new terrain can come in handy. From understanding what a sole proprietorship is to tackling the complexities of legal and tax requirements, this article is designed to be a road map to help you along your solopreneur journey.