Taking Firearm Parts and Accessories Interest From Hobby To Business.

[Longwalkhome]

It's really hard to run a business, small business, unless you take credit cards. As a small business you will find the charges and fees for credit cards take a lot of merchandise moved just to pay the bank.

Just saying that if you start a LLC investigate what it cost to do business and how much of those cost are tax deductible. Where the new guys have trouble is accounting, it takes a good account to get it all working and he is tax deductible.

Good luck.

 

[Nosferatu]

How good at sales and marketing are you?

 

[Andy54Hawken]

I have often been asked to turn my firearm and fur trade item's displays* into a money making deal.
I haven't because it is something that I enjoy doing.
Doing the same as a business , requires a different mindset and purpose....
Just something to consider.
Andy
* As well as the occasional repair / restoration project...

 

[Flopsweat]

Sigh. Yeah, just haven't gotten around to it. Unfortunately, between them and Amazon, they own like everything.

ProtonMail and Hushmail are both very good.

 

[solv3nt]

I have often been asked to turn my firearm and fur trade item's displays* into a money making deal.
I haven't because it is something that I enjoy doing.
Doing the same as a business , requires a different mindset and purpose....
Just something to consider.
Andy
* As well as the occasional repair / restoration project...

Exactly, a hobby to make money soon becomes a job.

 

[solv3nt]

ProtonMail and Hushmail are both very good.

Thanks for the tip

























I'm actually probably going to kill off my firm this year.

 

[Flopsweat]

Thanks for the tip
View attachment 1131082























View attachment 1131081
I'm actually probably going to kill off my firm this year.

Looks at least a little firm this year. Hard to say from the picture though.

 

[Nosferatu]

Looks at least a little firm this year. Hard to say from the picture though.

It just saw another clam it really liked.

 

[Flopsweat]

It just saw another clam it really liked.

Oh, don't go near her. That's Clamity Jane.

 

[Nosferatu]

Oh, don't go near her. That's Clamity Jane.

She'll send you off the deep end, and before you know it, own your whole treasure and send you down sea.

 

[Flopsweat]

She'll send you off the deep end, and before you know it, own your whole treasure and send you down sea.

You've heard of "Cowboy up"? It's time to "Clam up".

 

[Nosferatu]

You've heard of "Cowboy up"? It's time to "Clam up".

AKA: Keep your tentacles in your own ocean.

 

[bradsteen]

If you are planning to resell other people's products, sure, get a business license and roll with it. You'll have your work cut out to distinguish your niche in the market. Figure out what you offer that some other guy with the same idea doesn't, and focus on that.

If you're building, fabricating, or manufacturing products, that's a different story. I know of several folks who do that very successfully - custom parts, 3d printing services, etc. - and I will be going down that road myself here in a few months, though not related to gun parts. Custom Smith Manufacturing is one worth checking out if that's the route you're looking to go. In that situation you could run it as a hobby until your business starts to pick up and/or you figure out what you're doing.