How to Become a Distributor of Hunting Supplies
Hunting is a popular sport that requires specialized gear. In order to get the best gear available, many hunters are willing to spend hundreds of dollars. As a result, the distributors of the hunting supplies see profits. Becoming a distributor of hunting supplies, however, takes concentration and preparation and a systematic approach to make sure local, state and federal laws are followed.
Instructions
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Apply for and obtain permits and licenses. Contact the Secretary of State in your state regarding a reselling permit and sales tax permit. Submit your business information to the federal IRS to obtain a Federal Tax Identification number. Additional permits may be required depending on local or state laws. If you intend on selling ammunition or firearms, you will need to purchase a federal firearms license.
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Allocate funding for different products. Apply for a bank loan and establish a business checking account. Some companies will also allow you to use credit to pay for the items. Give the bank time to process your credit or loan application and to get your account information set up. This process may take several weeks to complete.
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Establish a store front. Some companies require a "brick and mortar" building to carry their products while others allow online distributors. With the growth of e-commerce, consider an online store front. If you are opening a "brick and mortar" storefront, consider adding an online store to increase sales. Set up the online store and prepare to input items once they are received from the individual companies.
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Contact the hunting supply companies. Some companies will require an online form with business information while others will fax you a paper application. Information that is typically required includes company name, company address, name of a contact person, phone numbers, email addresses, website address, type of merchant, number of locations, anticipated annual sales and a sales tax identification number. If necessary, fill out the credit application for each company.
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Tips & Warnings
Contact your secretary of state regarding any laws pertaining to new businesses or distribution of hunting supplies.
Contact the IRS for any questions regarding tax information.
References
- Photo Credit hunting hut image by r-o-x-o-r from Fotolia.com