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Tag: legal
The ATF’s Requirements for Electronic A&D Books
Now that the ATF permits electronic records of A&D books, it’s important to understand the regulatory changes and the new requirements. The Gun Control Act of 1968 requires FFLs to keep and maintain acquisition and disposition records throughout course of … Continue reading
Best Practices for Keeping Accurate Records
These recordkeeping best practices will streamline your workflow and prevent inaccurate errors. As a federal firearms licensee, you have an obligation to track the serial number of every firearm that passes through your business. In the event of criminal activity, … Continue reading
Why Not Being Audited Doesn’t Mean You’re Safe
A lot of business owners think they’re safe just because they haven’t been audited yet. We show you why this assumption is false. Back in the day it used to be much easier to keep your company audit-free. Before records … Continue reading
The Importance of Lining Up Legal Support Before You’re in Hot Water
As a gun dealer it’s important you do everything in your power to stay on the right side of the law. Your business depends on it. We explore why having a legal team behind you is always a smart move. … Continue reading
Personal Firearms and Your FFL Business
There are several procedures FFLs have to follow in regards to their personal firearms collections if they way to stay compliant with the ATF. As a firearms enthusiast, you probably own a collection of guns yourself for hunting, sport, and … Continue reading
How to Manage Gun Store Inventory
ATF compliance aside, gun stores are still retail businesses. Here are some ways your store can manage and display your firearms and accessories. As if the ATF wasn’t enough to worry about, you have a retail business to run! One … Continue reading
Different Ways You Can Use Your FFL
Use your FFL to make money as many ways as you can. With your federal firearms license, there are multiple ways you can create revenue selling firearms. As a business, you want to make money as many ways as you … Continue reading
Who is Eligible to Buy a Firearm?
Federally licensed firearm dealers are required to check the eligibility of each potential buyer. Who is eligible to buy a firearm and who is prohibited? While the Second Amendment preserves our right to possess firearms, it doesn’t prevent the restriction … Continue reading