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Any experience upgrading a stealth account to a business?
 

Hello

Does anyone have recent experience with upgrading a personal stealth account to a business account?

I have a stealth account with high limits. I am selling a couple of items here and there to keep it active. For this christmas, I would like to sell a large inventory of no brand/non-VERO bin items.

Here is my plan:
1. open LLC/get EIN
2. update my personal stealth information in my eb/pp with new business name, business address and EIN
3.sell up to 30% of my limit first month
4. sell up to 50% of limits the second months
5. sell 100% of limit third months.

Account has been opened for 6 months. Is that a sound plan? Any obvious holes?

thx
J.

i've been waiting for an answer as well. maybe topic too hot to touch??

I've upgraded numerous accounts. Your plan looks fine to me.

Thanks. I will try to upgrade one account and report.

90% or more of my accounts are business accounts.

They look stronger, appear to the customer as stronger once you had a good solid business name to your account etc.

As long as you do things professionally, run your business correctly you will see it grow with you.

Just be careful of your products.

For me I choose business names that are related to the type of items I am selling on that particular account.

I have tested for a while non business compared to business and have seen results much better on the business side of things.

Customers see a great business name with a great track record and it makes them feel more comfortable in purchasing from you.