I had the idea of starting my own company when I was tired of moving from place to place. And as the years go by, it becomes more and more challenging to work. I decided to do woodworking because many people saw and cut wood, but not many companies or small firms process wood. By the way, I know that the situation is similar in the oil industry.
However, the most challenging thing was the paperwork. Then I paid taxes as a sole proprietor. Registration of various documents lasted several months. It is very tiring. So I advise you to go tofactorforyou.com.