I have had my business setup as an LLC for the past 2 years, I know it's not an S-Corp, but the business is still it's own entity. When trying to get loans, etc. they still look at my credit. I have had a bank account for the business for the same amount of time, but overall if your business hasn't been up and running for enough time to establish any sort of credit or sign of stability it doesn't really matter.
Aaron On Jan 21, 2010, at 3:07 PM, Neal Clark 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 >> --~--~---------~--~----~------------~-------~--~----~ >> SD Ruby mailing list >> [email protected] >> http://groups.google.com/group/sdruby >> -~----------~----~----~----~------~----~------~--~--- >> >> > > -- > SD Ruby mailing list > [email protected] > http://groups.google.com/group/sdruby Regards, Aaron Moon RocketForce.net [email protected] 619.933.7218 -- SD Ruby mailing list [email protected] http://groups.google.com/group/sdruby
