Hello, my wife and I would like to open up a tobacco store in Little Rock, Ar. Can you please tell me how to get it started. And I also want to know the requirement to getting a license.
Reply : infotaxsquare.com
Dear Shane Smith:
Thanks for choosing InfoTaxSquare.com for your business needs. You have the following options to statrt your tobcacco store.
Which state do do want to start? Some states do not require license to sell tobacco products and you just need to have a saller's permit.
How do you want to want structure your business? Under your personal name or other than personal name? If other than personal than than you either have to create a dba/sole proprietor or incorporate as an LLC or a corporation.
If your state require tobacco license then you have to register your business, sales tax and tobacco license.