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.
|