Having your own gun shop is a distinctive business that both the federal government and state laws strictly regulate for security reasons. But what’s good about this business is that it provides products that are highly in demand because of the second amendment of the United States constitution and the right of citizens to bear arms.
A person who has a passion for guns, collects guns or joins gun shows may be the perfect owner to a gun store because one should be knowledgeable about this business to run it well.
Before one puts up a business, there are necessary requirements that you should submit and follow. You have to fill out a Federal registration and follow the rules for reporting sales to the letter. This should be followed very strictly as all those who obtain guns should be listed and must acquire licenses. Local laws and city rules must be obeyed and enforced, as well. Once these are all complied, you get your business up and running.
It is also very important to purchase a security system for your store and protect the outside perimeter of the gun store – be cautious at all times. You are dealing with deadly weapons and security is of paramount importance here.
Ways to Run Successful Gun Shops
History has demonstrated that some of the most successful businesses start out with something you have a passion for. If your passion is firearms and you have always wanted to own your own business then owning a gun shop may be perfect for you.
If you're thinking about starting your own firearms business, there has never been a better time to start than right now. Every day you wait you risk the chance that the gun laws will change and your dreams of owning your own business, working with something you have a passion for, will disappear forever.
A Gun Shop is a unique business that is heavily regulated by both the federal government and state and local laws.
The Gun Control Act (18 U.S.C. sec. 923(d)) empowers the Bureau of Alcohol, Tobacco and Firearms the ability to regulate businesses engaging in firearms sales and service. This means the application, review, and the process of the issuing a federal firearms license falls under the jurisdiction of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF). As always, dealing with and navigating the requirements of government paperwork can seem like an intimidating task.
Most gun dealers charge a transfer fee ranging from $15.00 to $50.00 and sometimes more. If you purchase just a few firearms a year you'll save money. Just think of the opportunity you'll have for making money by buying guns at low wholesale prices and then reselling to others for profit.
Your Success Depends on the Right Hunting Equipment
Gun shops, as Federal Firearms Licensees (FFLs) handle hundreds of thousands of background checks every year for their customers. It can be a somewhat emotionally charged process for the purchaser. You have decided to purchase a firearm. You have shopped. You have found the one that fits you and worked out the best price with the dealer you want to work with. You are ready to buy. Now comes the background check. If you are new to this process, some nervousness and uncertainty are not uncommon. What will the result be? Will you be able to purchase the firearm that you already feel is yours, or will all your careful work making your selection be for naught? It can be even more nerve-wracking if you are trying to reclaim a firearm that you have put into pawn temporarily, a family heirloom perhaps. Most gun and pawn shops have seen just about every scenario. While complications do happen, this does not have to be a fear-filled process.
A little knowledge helps to ease most fears. First, lets give a little exposition about what the background check system is. Background checks for firearm purchases became the law of the land with the Brady Handgun Violence Prevention Act, and on November 1st, 1998 Individual states were given the option to use the national system for this or establish their own. The State Legislature mandated that the system must meet or exceed the requirements established by The Brady Act. In addition to the check against the records, the State unit runs a check against the NICS (National Instant Check System) on both the prospective purchaser and the firearm they intend to purchase. This assures that the person is legally able to purchase a firearm and that there is nothing negative in the history of the firearm itself, in the case of previously owned firearms.
What is important to remember about background checks for firearm purchases is that the process is not about judging your worth as a person. They are about making sure that firearms are only sold to people who are legally allowed to purchase them. Sometimes the systems employed by the government are slow or incomplete in their information. If you believe that you should legally be allowed to exercise your Second Amendment rights, but your background check says otherwise, there is a recourse. While it will often take several days or sometimes even a few weeks to get the result changed to reflect the correct information, all is not lost. Just follow the rules and be patient. So, remember to bring your driver's license, leave about 30 minutes before the store closes for the background check, be patient and breathe easy. Your gun shop owner and or dealer is there to help.