March 15th, 2013 11:47 PM
New Forum member-working on FFL LLC home bussiness
First off, Hi I have been spying on your forums and am grateful for some of helpful info I read here. I am attempting to start my FFL venture in home to provide a service in transfers, then build income in used guns work up to new. I do have a small nest egg for start up, but wonder if anyone in a similar start up has been able to see profitable growth after a year or so. I might get involved selling accessories, knives at flea markets to get my "cards" out for sales/service of guns. So what is a good start up suggestion? I plan on advertising a search service for people because I went to bigger stores looking for pistols in past, to be forgotten. I think 30 mins a night checking sites of my wanted list I get is good start of customer service ... Yes time is money, but sometimes sweat is needed to be successful.
Anyways I thank you all in advance for the expert suggestions. It is a brutal business to start, but most had to start in my shoes, so whats the best way to actually make it? (My full time job is sales and customer service, so I hope to at least have some tools)
March 16th, 2013 12:09 AM
Be great in customer service and satisfaction.
Advertise...if they don't know that you are there, they wont come.
Do transfers from the Internet sales.
Try to have a nitch that no one else does.
Operate from cash, don't go into debt, and if you do, make sure its short term.
Be courteous and friendly.
Get a business page on Facebook...its free.It can be worth lots of money to you.
Don't expect to make much at first. If you do people right, word of mouth will get you more.
Get into things that people want...AR's,AK's black guns of all types,thats the hottest thing going.
I would rather stand against the cannons of the wicked than against the prayers of the righteous.
AR. CHL Instr. 07/02 FFL
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March 16th, 2013 08:08 AM
Welcome to the forum!
Good luck with your venture.
"If you make something idiot proof, someone will make a better idiot."
March 16th, 2013 08:39 AM
Thanks guys, only bad part is I am from and can't get the good selling items. I live upstate nice hunting area tho. Thanks Again...
March 28th, 2013 01:08 PM
Please don't take this the wrong way but your entering a market that isn't going to work with you very well right now and very well may not. Companies have very little stock and what stock they do have goes to FFL's that are the high rollers and bring in tons of money a month.
| Type 01 FFL / SOT |
| NC CHP Instructor | NRA Pistol Instructor |
April 29th, 2013 03:56 AM
Business plan, and capital is key. I learned the hard way when I was a home based FFL a few years back. I could only buy a handful of firearms, and make very little profit. Infact most of my profit was from firearm transfers.
SBA.gov is your friend. I applied for a local grant in my area for economical development for startup companies. Approved 100K credit line with home equity as collateral and the US Index treasury rate as my interest rate.
You must build your business profile with your DUNS so you can get approved for long NET terms, and soon get approved for dealer credit. Also expand your social reach on Facebook, Twitter, and other social media.
April 29th, 2013 08:48 AM
Welcome from Tennessee....... the "Patron State of Shootin' Stuff!"
Good fortune to you on your endeavors!
U.S. Army Desert Storm Veteran
Certified Police Firearms Instructor
Former US Customs Blue Lighting Strike Force Commissioned Officer
Advanced Highway Drug Interdiction Specialist
Graduate Regional Counter Drug Training Academy
Graduate of Bullet Proof Mind Course - (Dave Grossman Course)
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