Originally Posted by
acarney
Selling stuff on ebay takes time and actually is rather expensive (at least from the very few, maybe 3 times, I've sold an old cell phone or something. Fees usually add up to like 10% by the time it's all said and done!)
I'm curious how much time would actually be required to setup/run a Plastiq type business that isn't advertised at all and either has no web presence, or a super crappy one. Thus probably only you as a customer and maybe a friend or family member or two to help show that it isn't just you using the "service" :P
Yes, but you could have a "legitimate business" selling just a single item on eBay and using your SSN as your EIN to apply for business credit cards, if the goal is just to get business credit cards. You don't even need to actually sell or do anything - I know plenty of people who have "businesses" that don't do anything just to apply for credit cards.