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<blockquote data-quote="BobbyV" data-source="post: 3305496" data-attributes="member: 32629"><p>Establishing the LLC and dealing with the business/tax side is the biggest pain IMO. The application and interview process isn't too bad.</p><p></p><p>Networking with other FFLs can definitely help get contacts for assisting with establishing accounts with distributors.</p><p></p><p>The profit margin isn't great for small folks but if you've got time and money to invest in a business it will definitely help. You just need to be mindful of the regular monthly fees associated with payment processors, web hosts, etc.</p></blockquote><p></p>
[QUOTE="BobbyV, post: 3305496, member: 32629"] Establishing the LLC and dealing with the business/tax side is the biggest pain IMO. The application and interview process isn't too bad. Networking with other FFLs can definitely help get contacts for assisting with establishing accounts with distributors. The profit margin isn't great for small folks but if you've got time and money to invest in a business it will definitely help. You just need to be mindful of the regular monthly fees associated with payment processors, web hosts, etc. [/QUOTE]
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