What is a sole proprietorship?
A sole proprietorship is basically what it sounds like: a business with a sole owner who carries all the responsibilities and makes all the decisions for the business. A lot of newer entrepreneurs choose this as their business type but if you want to incorporate later, you can do that too.
One of the most important things to note about choosing a sole proprietorship over incorporating are taxes and liability. If your business ends up making enough money that it puts your personal income tax into a higher bracket (regardless of how much you actually keep for yourself), you may want to consider separating yourself from your business (incorporating).
Knowing the pros and cons of a sole proprietorship can help you decide if this is the business structure for you.