Ask Can you transition from freelancing into starting a formal company later on?

[Brendan]

Freelancing often starts as one person offering services online, but some freelancers later grow beyond working alone. After gaining regular clients and stable income, people may begin hiring others or registering a proper business. This change probably comes with new responsibilities like taxes, management, and handling workers. Some freelancers may enjoy the freedom of staying independent, while others may want to build something larger over time. How common is it for freelancers to move from solo work into running a formal company, and what usually pushes them toward that decision?