Sentences with phrase «sole proprietors looking»

The Solo 401k is available to sole proprietors looking to open a retirement plan.

Not exact matches

And, since most sole proprietors finance their operations with personal credit cards, they tend to have lower credit ratings than what the banks are looking for.

That makes these accounts a good fit for sole proprietors and independent consultants who are looking for a retirement plan similar to one they might get from working at a larger company.

Let's take a look at a sole proprietor who makes $ 125,000 for providing a particular service.

Of course, your credit score and history will be looked at and considered when your corporation applies for a new loan but it's not that significant as applying for new credit as a sole proprietor.

Your self - employment business has to meet some criteria (such as being profitable) and the plan needs to be provided through your own business (although if you're sole proprietor filing on Schedule C, it looks like having it in your own name does the trick).