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The vast majority of flea market vendors have no license of any kind.
But if you want to create an actual small business and reap the tax and small business loan benefits of an actual small business, you would be well-advised to apply for a business license and a tax or resale license or permit.
A resale or tax license or permit means the state wants you to collect sales tax on every sale and submit it to the state once per quarter, just like any retail store. (The cost of the permit would be a business deduction.)
Having a business license would allow you to form an LLC.
Forming an LLC (limited liability corporation) is the easiest to form. A single proprieter type of business would be well to become an LLC. Becoming an LLC protects your personal belongings from liability from your business. It's rare when accidents happen at flea markets, but if one of your displays or tables were to fall on someone and injure or kill them and they or their estate sue, it could cost you dearly. Being an LLC will help insulate your own personal holdings from court judgements.
I make thousands of dollars each and every month selling at flea markets and swap meets and always get paid in cash! It's fun, it's easy.
What else can I help you with?
What is a personal licence?
A personal licence allows an individual to authorise the sale or supply of alcohol under the Licensing Act 2003. One personal licence holder should be named on the premises licence as the Designated Premises Supervisor.If You need Personal licence. You Can get more information link below: innpacked.com
Can a person make and sale his own product or do you need a licence?
weiki doesn't know, try asking jeeves
Do you need a business license to have a bake sale?
yes its needed..because licence is essentional for all kind of business..
Does the Homemade Gourmet company offer recipes for sale?
Yes, Homemade Gourmet does offer recipes for sale. Homemade Gourmet is a company that markets recipes, ingredients, and instructions for how to prepare easy and quick meals from home.
Where could one find a homemade necklace gift box for sale?
The best place to locate a homemade necklace gift box for sale would be at any yard sale or any stores that offer arts and craft items for sale. Also, they can be purchased through Amazon.
How do you get title and licence plate for homemade trailer in ar?
To obtain a title and license plate for a homemade trailer in Arkansas, you need to complete a few steps. First, gather all necessary documentation, including a bill of sale and a completed Application for Title (Form 10-381). Then, have the trailer inspected by the Arkansas State Police if it is over 2,000 pounds. Finally, visit your local Revenue Office to submit your paperwork, pay any applicable fees, and receive your title and license plate.
Do you need a permit for a garage sale in Tyler TX?
no that's the dumbest thing ever
What do you need to do to sell you eggs for eating off the end of your drive?
Post an "eggs for sale" sign. You might also need a licence to sell farm fresh eggs so check with your local county office. Most farms do not need a vendors licence however and selling eggs to local traffic passing by is not an issue. You will also need a storage fridge to keep the eggs cold and plenty of egg cartons.
Do you need a motorcycle licence to register your motorcycle in Nevada?
Sure dont. I registered my bike last year without my license. You just need your dealership paperwork, or bill of sale and your money. Also bring your proof of insurance. You will need at least a normal drivers license.
Where can I find an patio umbrella on sale?
http://www.outdoorpatioumbrellas.com/ you can go to this site and get any kind of umbrella on sale. This site will tell you every thing you need and there is more information.
Can you sell a trailer without a title?
Yes, you can make a bill of sale, or issue a homemade trailor title
What is buying house?
There are many houses that are for sale but choosing would be the most intricate thing. You need to look into details for the type of house you need, the space, as well as the location.
