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At least in WA you would need a Business License.
If you are selling for profit it's not considered a "Hobby" so you have to pay the IRS their Blood Money.Would this be if they were wanting to do it as a "business", and not a "hobby"
If you are selling for profit it's not considered a "Hobby" so you have to pay the IRS their Blood Money.
And you can just about be assured that the insurance company will want a LOT of Blood Money, too.
So if you build five guns a year that means you have to add $100 to the sale price. If you build 50 a year then it adds $10.Liability insurance through State Farm cost me less than $500/year...
So if you build five guns a year that means you have to add $100 to the sale price. If you build 50 a year then it adds $10.
That and all the other expenses. I'm not seeing much profit. A business that only has one product doesn't have much chance of being a real money maker.