Tobacco users often buy accessories.
A tobacco accessories shop carries and distributes loose tobacco, cigarettes, cigars, rolling papers, assorted pipes and water pipes, lighters and other accessories. These shops have a great potential to make profit since all kinds of individuals visit to purchase the accessories. In order to open a shop in Florida, you will need to decide a location, understand laws in Florida and comply with them.
Instructions
1. Identify a suitable location for your tobacco accessories shop based on the type of products you sell as well as your target market. The best locations include shopping malls and single business buildings. Ensure that the area has heavy foot and auto traffic. Ensure that the building complies with the zoning regulations of your Florida county. Purchase all your utilities, shelves and drawers.
2. Write a business plan including your mission and vision statements, operating expenses, projected revenue, funding sources, and ways to make profits and attract more customers. Identify competitors in your locality and assess your funding requirements.
3. Register your company with the Florida Department of State Divisions of Corporations and give a virtual name to your business. You can register as a partnership, individual, corporation, or a limited liability company (LLC), based on your situation. This will make your service official.
4. Obtain retail tobacco products dealer permit from the Florida Department of Business Professional Regulation. Because your start-up may be wholesale or retail, you should obtain the necessary licenses for your type. Based on the license, the fee and requirements change. For a retail dealer, the fee is $50 in 2010 and you must submit the completed application to your Secretary of State or your district office.
5. Obtain a Florida Sellers Permit from your local Florida county. Obtain the Federal Tax ID number from the IRS at their website IRS.gov. Also obtain a State Tax Number from the state of Florida Department of Revenue.
6. Purchase the necessary inventory after deciding on the items that you will be selling. Apart from tobacco accessories such as ashtrays, padded holders for glass pipes, you can also sell T-shirts with tobacco or cigar symbols and others to be unique in your category.
7. Hire employees by performing a background check. Obtain worker's compensation insurance as well as liability insurance for your entire business.
8. Advertise your shop in local radio and TV stations, print and online marketing. Attend events or other parties and distribute business cards.
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