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by Crossfire
Mon Jun 27, 2011 1:22 pm
Forum: Instructors' Corner
Topic: Business Side of Things
Replies: 25
Views: 5237

Re: Business Side of Things

You have to get the DBA before you get the bank account.

You don't need an EIN unless you are going to pay other employees.

Standard deductions for home office and milage, just like any other home based business. Also for any equipment you buy specifically for the business (laptop, projector, rental guns, etc)

If you are going to sell factory ammo, you don't need an FFL, but you do need a sales tax permit. We don't sell ammo, so we don't have to deal with that. We only rent guns, no sales tax on that. If you are going to reload ammo and sell it, you DO need an FFL.

If you are not an NRA member, then join up, and get their instructor liability insurance. Most ranges won't let use their facility to qualify your classes unless you are insured.

If you need a website, talk to The Annoyed Man on here. He will get you started.

Other than that, all I can think of is good luck to you!

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