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Thrift Store
Q: I am a thrift store and i sell used goods to the public in duluth minnesota.id like to open my own thrift store ...not sure what if any license I need
i sell used clothing as well as antabout how long does that take, and how soon can I start looking at property to rent
iques I plan on both buying items from thrift stores to resell as well as buying items wholesale and selling on an online application (Poshmark) as well as my personal site. What type of license do I need? Where do I Apply For Seller's Permit for my non profit thrift store?
A: You can Apply For Sellers Permit for my non profit thrift store here at sellerpermit.com. Your trade name, namely, "Good As New Thrift Store" is a trade name. If your nonprofit is not named with the same exact name, you will need to file a dba under the nonprofit as well. All nonprofits need an EIN as well.
Does a Thrift Store Business Need a Sellers Permit?
What other permits and Tax IDs Does a Thrift Store Business Needs to Legally Start business operations?
A Thrift Store business needs a sellers permit because most of the used items such as clothing, furniture and accessories sold at a thrift store are taxable.
All Thrift Store products, food, equipment that anyone can touch is taxable. In addition, a Thrift Store business must decide on the business type of organization as a sole proprietor, LLC, partnership or corporation. Some thrift stores decide to be non profit organizations, which is also desirable in some cases.
Furthermore, a general business permit and a federal tax ID number is also required for any of the above business type organizations.
The only exception to a federal tax ID number is a Thrift Store sole proprietor, who can use a ss# instead of a Federal ID.
However, even Thrift Store sole proprietors as well as all other business type organizations that are employers, independent contractors, LLCs, or corporation must obtain a federal tax ID number.
Any type of business organization, including Thrift Store sole owners, must obtain a state employer tax ID if hiring employees.
Finally, a Thrift Store sole owner (i.e., an one person business) can obtain and use a federal ID as a business tax ID instead of the social security number and, in addition, he or she can form an LLC or set up a corporation instead of organizing as a sole proprietor.
Most Thrift Store businesses do not need any surety bond insurance either but they can optionally purchase it and also purchase a general liability business insurance or home business insurance.
Want to open thrift store /$ store in az I already have seller's permit, city business license EIN and a dba i want to open a online second hand store never heard of a license to sell online i sell used cars and items i bought from a storage auction.
yes, i want to know if i can sell at flea market in MA What is needed to legally shop at thrift stores and resell purchases for a profit online on pages similar to ebay?
Yes I was wanting to open a thrift store and we're do I start from Please stop blowing up my phone I will answer your questions momentarily. Thanks. WJesus I can't read all your comments nevermind I'll take me business elsewhere. hat do I need for an online thrift store? I sell used clothes. Jesus I can't read all your comments nevermind I'll take me business elsewhere.
Im a Thrift Store Owner and sale items good to the american dollar, in terms rock bottom prices. Hands on store that is built upon true family value and care
Im a Thrift Store Owner and sale items good to the american dollar, in terms rock bottom prices. Hands on store that is built upon true family value and carehello if I open a thirft store to sell items that are donated, do I have to have a permit hi I talked to you yesterday about what I needed in pa and the boro, both of you stated only a business lic. and sellers permit for thrift store is that all i actually need wow thank you Im going to get started right away, I thought of beams and dreams thrift store to thats the hard choice but i will get started have a great week. i did yesterday it stated llc is best for a thrift store operation |
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