TexasCHLforum.com

I'm just west of Georgetown about 4 miles. Right about midway between Judith in Liberty Hill and Guns Plus downtown. I'll be setting up for consignments, transfers, and also keep a small stock of new for sale.

I'm primarily doing CHL classes for small groups, couples, etc., and added the FFL as most of the people coming to me were just getting into shooting and were heading off to buy after taking a couple classes with me. Training classes are superb at building the customer relationship so it just makes sense for me to round out the picture this way.

Right now I'm working on what to start with as an initial inventory. My approach is for my training company to own one-of-each to use as loaners to students so they can get hands on time with it, then have the stock on hand to finish the deal.

It's official, my FFL came in the mail yesterday just 11 calendar days after my interview. Thanks to everyone here for the help and advice on the process! You were all correct, the ATF guys are super friendly and really are doing everything they can to help. My interview ran about 3 hours and I learned a lot! I've sent in the signup forms to several distributors and am waiting on that process now.

Question: I'm in the process of digging into all the accounting aspects of this business tax wise and I've got the state tax requirements figured out, are there any federal taxing authorities I need to dig into as well? It looks like there's a 10% excise tax on pistols and 11% on everything else, but the firearms section doesn't list 01 dealers so it's not clear if the tax applies? Is this just for manufacturing/importing (that's my impression)?

Anything else you experienced FFL's can warn me about?

I'll post a normal FFL dealer announcement here when I've got all my ducks in a row. Thanks again!