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Ok I looked
11/6/2010 8:13:06 PM
I found the required forms and I am debating applying for a FFL license, but what do I need to have in my house? Anything? Like a safe, firearm locks, a dedicated room? I cant seem to find any information. I own a split level home.
11/6/2010 8:35:35 PM
I dont think you need a special room in the house but a safe and gun locks are a must. also, you must keep hyperacurate records of all transfers and I think those are on a special form from ATF.
11/6/2010 8:42:37 PM
Originally Posted By Lucky_lefty:
I found the required forms and I am debating applying for a FFL license, but what do I need to have in my house? Anything? Like a safe, firearm locks, a dedicated room? I cant seem to find any information. I own a split level home.
I found the required forms and I am debating applying for a FFL license, but what do I need to have in my house? Anything? Like a safe, firearm locks, a dedicated room? I cant seem to find any information. I own a split level home.
None of that. Just check zoning and make sure you can run a business from your home before you even bother submitting the application. Once your application is received at your local ATF office they will most certainly check zoning.
11/6/2010 8:46:15 PM
Originally Posted By zandyco:
...but a safe and gun locks are a must....
...but a safe and gun locks are a must....
There is no requirement to have a safe.
11/6/2010 11:05:16 PM
+ 1 on the zoning thing my township gave me the go ahead on zoning and ATF call the county I live in and they said no home buissness unless zoning change. In my county 500 bucks and a lot of hoops
I paided it and finished jumping thier hoops but it was a pain in the ass.
Originally Posted By rcoers:
None of that. Just check zoning and make sure you can run a business from your home before you even bother submitting the application. Once your application is received at your local ATF office they will most certainly check zoning.
Originally Posted By Lucky_lefty:
I found the required forms and I am debating applying for a FFL license, but what do I need to have in my house? Anything? Like a safe, firearm locks, a dedicated room? I cant seem to find any information. I own a split level home.
I found the required forms and I am debating applying for a FFL license, but what do I need to have in my house? Anything? Like a safe, firearm locks, a dedicated room? I cant seem to find any information. I own a split level home.
None of that. Just check zoning and make sure you can run a business from your home before you even bother submitting the application. Once your application is received at your local ATF office they will most certainly check zoning.
11/6/2010 11:22:52 PM
I wrote this up based on my experience getting a home-based FFL/SOT:
1) Check your local zoning ordinances and HOA CCR's, if any. If either document prohibits you from obtaining a business license at your residence, go no further until you get a waiver. Otherwise, the ATF will not issue you an FFL.
2) Check with your homeowner's insurance to see how much it will go up if you run a firearm business out of your home. Hopefully you have a local agent who you've personally known and worked with for many years, as the flunkie on the toll-free call center phone will probably freak at your questions. You may find the increase in premium alone makes getting an FFL unviable.
3) Another question for yourself - are you comfortable filing federal and state tax returns every quarter, and monthly sales tax returns? If not, add CPA services to your list of expenses.
4) If you've gotten to this point, find an attorney to help you form a S Corp, C Corp, or LLC (most folks go with an LLC). This is not the time to go with a DIY document off the internet, especially if you plan on dealing in NFA toys. Besides, being in the firearms biz, you're going to need an attorney sooner or later anyway; might as well get to know one now.
5) Once your corp/LLC is formed, get your EIN and obtain any necessary state and local business licenses to run a business. If you don't have these, the ATF will not issue an FFL. See #1 (and yes, they go to your county or city courthouse and check).
6) Call the ATF Distribution Center (703-455-7801) and ask for an application packet. It will include several copies of the application (no carbons unfortunately), fingerprint cards, and instructions.
Note that all manufacturers (Type 06, 07, and 10 FFL's) must register with the Department of State and pay ITAR annually. This registration fee is $2250.00.
1) Check your local zoning ordinances and HOA CCR's, if any. If either document prohibits you from obtaining a business license at your residence, go no further until you get a waiver. Otherwise, the ATF will not issue you an FFL.
2) Check with your homeowner's insurance to see how much it will go up if you run a firearm business out of your home. Hopefully you have a local agent who you've personally known and worked with for many years, as the flunkie on the toll-free call center phone will probably freak at your questions. You may find the increase in premium alone makes getting an FFL unviable.
3) Another question for yourself - are you comfortable filing federal and state tax returns every quarter, and monthly sales tax returns? If not, add CPA services to your list of expenses.
4) If you've gotten to this point, find an attorney to help you form a S Corp, C Corp, or LLC (most folks go with an LLC). This is not the time to go with a DIY document off the internet, especially if you plan on dealing in NFA toys. Besides, being in the firearms biz, you're going to need an attorney sooner or later anyway; might as well get to know one now.
5) Once your corp/LLC is formed, get your EIN and obtain any necessary state and local business licenses to run a business. If you don't have these, the ATF will not issue an FFL. See #1 (and yes, they go to your county or city courthouse and check).
6) Call the ATF Distribution Center (703-455-7801) and ask for an application packet. It will include several copies of the application (no carbons unfortunately), fingerprint cards, and instructions.
Note that all manufacturers (Type 06, 07, and 10 FFL's) must register with the Department of State and pay ITAR annually. This registration fee is $2250.00.
11/28/2010 8:03:47 PM
Originally Posted By Bubbles:
I wrote this up based on my experience getting a home-based FFL/SOT:
1) Check your local zoning ordinances and HOA CCR's, if any. If either document prohibits you from obtaining a business license at your residence, go no further until you get a waiver. Otherwise, the ATF will not issue you an FFL.
2) Check with your homeowner's insurance to see how much it will go up if you run a firearm business out of your home. Hopefully you have a local agent who you've personally known and worked with for many years, as the flunkie on the toll-free call center phone will probably freak at your questions. You may find the increase in premium alone makes getting an FFL unviable.
3) Another question for yourself - are you comfortable filing federal and state tax returns every quarter, and monthly sales tax returns? If not, add CPA services to your list of expenses.
4) If you've gotten to this point, find an attorney to help you form a S Corp, C Corp, or LLC (most folks go with an LLC). This is not the time to go with a DIY document off the internet, especially if you plan on dealing in NFA toys. Besides, being in the firearms biz, you're going to need an attorney sooner or later anyway; might as well get to know one now.
5) Once your corp/LLC is formed, get your EIN and obtain any necessary state and local business licenses to run a business. If you don't have these, the ATF will not issue an FFL. See #1 (and yes, they go to your county or city courthouse and check).
6) Call the ATF Distribution Center (703-455-7801) and ask for an application packet. It will include several copies of the application (no carbons unfortunately), fingerprint cards, and instructions.
Note that all manufacturers (Type 06, 07, and 10 FFL's) must register with the Department of State and pay ITAR annually. This registration fee is $2250.00.
I wrote this up based on my experience getting a home-based FFL/SOT:
1) Check your local zoning ordinances and HOA CCR's, if any. If either document prohibits you from obtaining a business license at your residence, go no further until you get a waiver. Otherwise, the ATF will not issue you an FFL.
2) Check with your homeowner's insurance to see how much it will go up if you run a firearm business out of your home. Hopefully you have a local agent who you've personally known and worked with for many years, as the flunkie on the toll-free call center phone will probably freak at your questions. You may find the increase in premium alone makes getting an FFL unviable.
3) Another question for yourself - are you comfortable filing federal and state tax returns every quarter, and monthly sales tax returns? If not, add CPA services to your list of expenses.
4) If you've gotten to this point, find an attorney to help you form a S Corp, C Corp, or LLC (most folks go with an LLC). This is not the time to go with a DIY document off the internet, especially if you plan on dealing in NFA toys. Besides, being in the firearms biz, you're going to need an attorney sooner or later anyway; might as well get to know one now.
5) Once your corp/LLC is formed, get your EIN and obtain any necessary state and local business licenses to run a business. If you don't have these, the ATF will not issue an FFL. See #1 (and yes, they go to your county or city courthouse and check).
6) Call the ATF Distribution Center (703-455-7801) and ask for an application packet. It will include several copies of the application (no carbons unfortunately), fingerprint cards, and instructions.
Note that all manufacturers (Type 06, 07, and 10 FFL's) must register with the Department of State and pay ITAR annually. This registration fee is $2250.00.
#2 helped keep me from doing my own thing. My insurance agent freaked and canceled my policy. Then 2 layoffs in one year ate up all the startup capital I had. Saving up again.
