Late Stage Capitalism
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Introduction to Socialism (external links)
Marxism-Leninism Study Guide: Basic Course
Marxism-Leninism Study Guide: Advanced Course
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That's means of production and should be owned by everyone working in it.
Marx said it. Does anyone read?
and if you are the sole owner and worker?
@Ookami38 already gave you a better answer than i did.
Then it's your personal property. You, as the solitary laborer, own 100% of the means of production. Effectively, no different from what would happen today in capitalism for a private owner using a private property to do whatever with. It's not that hard, and none of this leads to some amazing gotcha moment for you.
The differences come when you have other workers. They aren't just employees, paid a set wage, with all of the power still in the hands of the owner. They are stakeholders, with a real, meaningful share of the profits and the decision making.
Sole proprietors are petty bourgeois and petty bourgeois production is to be gradually eliminated. It isn't an issue of direct exploitation, but instead that production should be socialized and advanced.
this seems like it would highly incentivize making contracts with independent contractors