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Day: March 4, 2018

How To Sell Guitars – Make Money Selling Guitars and Musical Equipment

Are you looking to become a guitar reseller or open a guitar store?

I can tell you from experience that selling guitars is a fun and rewarding business to pursue. I love meeting musicians, helping to spread the music, and frankly, I just love being around guitars. Here are a few things to keep in mind if you’re learning how to sell guitars:

Business Licensing/Taxes

The first thing to keep in mind when selling anything in large quantities is business licensing and taxes. First, make sure you keep a record of everything you’ve sold. When it comes time to pay taxes, you’ll need to know the exact nature of the business you’ve done. One of the biggest worries with a start-up reselling business is getting audited by the IRS. In the event of an audit, the more information you can provide the better. As you begin to make a modest profit from reselling, make sure to set money aside for taxes. In many states, the buyer is required to pay sales tax for each transaction, and it’s the seller’s responsibility to set this money aside at the time of the transaction.

You will also need to obtain a business license. These are easy to acquire in most states for a small fee. In many states, a reseller business license will come with a Reseller Permit, with which one is able to purchase in bulk without having to pay a state sales tax. If you start selling a lot of guitars, such as more than 5 per month, then you should seriously consider obtaining a business license. Along with helping your business to be more accountable, it often earns you special rights and tax breaks that will help your business grow.

Finding Your Niche

There are many ways to sell guitars. Websites like Craigslist and eBay are great places to sell guitars, but they often have plenty of competition. Depending on where you’re located, Craigslist might be a great way to spread the word locally. There are many people who are good at repairing, modifying, or parting out guitars (taking them apart and selling the parts separately). Your “niche” will depend partially on your location, but mainly it will depend on your passion. If you love talking to people in a private setting, Craigslist might be your best bet. If you love tinkering with and parting out guitars, you could consider selling parts on eBay, or to a local music shop. If you love the idea of opening up a storefront, or augmenting one you may already own with some quality guitars, maybe you’re meant to be a guitar salesman. If you don’t know which method will work best for you, it can never hurt to try things out. You’ll never know if you don’t try!

Opening a Guitar Store

Opening a guitar store can be a huge challenge, but it can also be very rewarding. With the recent interest in the internet and online retail, many guitar shops are going …

Do You Really Need A Home Business Mentor?

Having a mentor can mean the difference between success and failure if you want to have a successful Internet home business.

Many of you have dreamed of owning your own Internet business, and have probably been involved in countless opportunities, and succeeded at none. Many fail on the Internet because they’re unwilling to put their time into it, but many fail because they don’t know what to do. They don’t know how to get started, what opportunities to join, which ones that work, and the main thing is that they don’t know how to promote their business.

The Internet is creating millionaires out of everyday people who have no education and no money to invest, unlike the traditional businesses of today. And although I don’t have exact statistics, I would bet that 95{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc} of these Internet millionaires had a mentor to help them develop a business plan and show them the ropes. The other 5 percent had the persistence and the tenacity of a Bulldog, and more than likely went through many trials and errors.

If your seriously looking for a way to improve your finances, spend more time with your family and enjoy the many perks that a home business can provide, don’t just sign up for any program. Contact the Webmaster and find out how much experience they have, and find out if they are willing to mentor you.

Please don’t waste anyone’s time if your not willing to spend at least 3-5 hours a week building your business with their help, and please don’t waste anyone’s time if your not willing to spend $20-$30 dollars on a website. There is virtually no financial investment to get started on the Internet, but if your not willing to make the small investment for a website, then your really not committed to having a business anyway.

And if you have never built a website before, don’t worry…if you can do minimal things such as type, copy, paste and send an email, you can build a website.

So yes, I believe that with the right mentor, you CAN start up an Internet business and be very successful. Don’t do it for me, do it for yourself and your family.

Best wishes for your future success and prosperity!…