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I am Starting a Business

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  #1  
Old 01-24-2011, 10:22 PM
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Exclamation I am Starting a Business

So I have been thinking about this for some time. I am going to be starting a business. I have decided to file as a LLC (limited liability company) instead of a sole proprietorship for liability reasons. I need to get the business registered and create my DBA (doing business as) before I can apply for my license. I will be running the business out of my house and online and if it ever becomes bigger then I will open a store front. The business name will be Barrett Enterprises if no one else in Oregon is registered as that. I have not finalized my DBA yet, but leaning towards Ochoco Sporting Goods. Ochoco is the name of our local mountains outside of my town. I am going to be operating as a firearms dealer and will have my FFL license so that I can receive and sell firearms. I have always loved guns and feel this will be a good side business for me. I will also eventually be able to sell ammo, full auto guns, and silencers.

Any advice or thoughts from your business owners out there? Things I need to know or do? Questions anyone else may have. Let me know.

Thanks

 

Last edited by Teacher; 01-24-2011 at 10:37 PM.
  #2  
Old 01-24-2011, 10:48 PM
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Todd, cool man, goodluck with it! I've always wondered what was needed to get an FFL license. I think with your experience and knowledge of firearms that is a great idea.
 
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Old 01-24-2011, 10:59 PM
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That's awesome! Good for you, best of wishes to you.
I hope it's a great success.

sent ya a PM.
 
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Old 01-24-2011, 11:00 PM
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More than likky there will be a bit of red tape to go throught since your talking firearms good luck on buisness
 
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Old 01-24-2011, 11:01 PM
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There is for sure Justin. I am planning on filing the paperwork this week, then the ATF has 60 days to come and interview me.

Thanks Chris, it requires lots of paperwork, fbi background check, and a few hundred dollars.
 

Last edited by Teacher; 01-24-2011 at 11:47 PM.
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Old 01-24-2011, 11:14 PM
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Originally Posted by Jomao_o
That's awesome! Good for you, best of wishes to you.
I hope it's a great success.

sent ya a PM.
sent you a pm back and thanks.
 
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Old 01-25-2011, 12:09 AM
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Congrats and good luck! I always wondered what LLC stood for. LOL
 
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Old 01-25-2011, 01:52 AM
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Step 1 is done. I created my LLC I am now the owner of Barrett Enterprises LLC.
 
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Old 01-25-2011, 04:11 AM
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Originally Posted by KJRich
Congrats and good luck! I always wondered what LLC stood for. LOL
Same here. Great idea Todd. Really hope it's successful.
 
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Old 01-25-2011, 06:48 AM
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Teacher `Todd
4-Sure.
 


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