A firearms wholesale distributor is an individual who sells firearms to individuals, groups, or associations. Virtually any adult with a clean criminal record can become a firearms wholesale distributor; you just need to obtain the proper certification. This article will give you steps and hints into how to become a firearms wholesale distributor.
The first step in how to become a firearms wholesale distributor is to determine whether you meet the necessary qualifications needed to be a firearms wholesale distributor. Generally, if you are under the age of 21 or have been convicted of a felony, you won’t be able to obtain the licensing necessary to become a firearms wholesale distributor.
The next step in how to become a firearms wholesale distributor is to begin the licensing and approval process. The first couple things you will want to do is contact the ATF, and request the Application for a Federal Firearms License. This license is required for you to become a firearms dealer. On the application, you may need to provide some basic information including a brief business plan.
After you have filled out the application, you should research what federal and local regulations you will need to comply with in order to be a compliant firearms wholesale distributor. You can begin the compliance process prior to your application being approved, but it must be completed within a month of your approval.
After receiving your federal firearms license and becoming compliant with all regulations, the next step in how to become a firearms wholesale distributor is to open your business. The most important part of opening a business is site selection. You will want to open in an area which has a demand for firearms, and in a location which won’t cause any protests by local citizens. Your site will need to be approved by the local government, so be sure to take the proper steps needed to open in your area. As a firearms wholesale distributor, you may need a warehouse as opposed to a retail store.
Before you open your business, the next step in how to become a firearms wholesale distributor is obtaining a loan. This part of the process can be tricky, as many lenders are weary of investing in the firearms business. You will most likely be required to put forth some of your own capital, and place a personal guarantee on the loan.
While operating as a firearms wholesale distributor, you should do your best to grow your business. You should attempt to build relationships with both domestic and international customers, as well as keeping a strong business relationship with the National Rifle Association. While operating and selling firearms, be sure to stay compliant with any national tariffs, and run thorough background checks on all customers.