Neal,
Even better, you can say you are the owner of a company. Hire one of
us for a small job, then if asked if you have employees, say "No, I
use contractors". Save your money and buy your wheels, don't waste
money on interest. Rent from individuals who get to size you up
personally as well as financially, and show them you have money in
the bank, that's the top factor my landlord friend uses. Having a
good credit rating means a lot too. When you meet the decision-maker
face to face, ask "What do you need to be convinced that I'll be a
good [renter, borrower, whatever]? If they ask for a cosigner, say
"I'm past that, I want to [rent, borrow, whatever] on my own record.
And if they won't deal, say "Okay, but someone is going to see that
I'm a good risk and do business with me" and walk. They may not let
you get to the door. If they do, then, as my friend would say, f***
'em, there's always someone else to ask.
Scott
P.S. Check out LLC's. Less paperwork than corps. Same $800/yr to the
state. Simple taxes with TurboTax for Business.
At 03:07 PM 1/21/2010, you wrote:
hi all,
hope nobody minds me drudging up an old thread. i have a question i
hope someone with experience can field.
when i was self-employed in the past as a sole proprietor, i found
that being "self employed" was a tremendous pain in the ass for...
getting an apartment, getting a car loan, etc. even though i was
making pretty good money, i needed cosigners for those things, which i
thought was ridiculous.
if i am the sole owner and sole employee of an s-corp, am i still
legally "self-employed"? specifically, would i be able to honestly
represent myself to a bank or a landlord as being employed by a
company (i.e. mine)?
any thoughts would be appreciated!
-neal
On Tue, Jul 7, 2009 at 11:53 AM, Allan <[email protected]> wrote:
>
> The SDSIC has a series of presentations/meetings on starting/forming
> and funding companies:
>
> http://www.sdsic.org/events.aspx
>
> Two this week; one specifically addresses the issue of incorporation.
>
> --Allan
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>
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