Questions on becoming a Dealer?

[BadA$$440]

Ok, me and my dad want to open up little shop, and i was wondering, what it all takes to become a dealer. Like how do you get a license, and how do you become a dealerof another company or example "IMS" or "Axs", etc. Maybe C&D can help me out with this one. Thanks guys;)

[BadA$$440]

bump

[300exazzkikr]

I would like to nkow also..:D

[BadA$$440]

come on, someone has to know

[QuAdRaCeR244]

i have also wanted to know. i want to open a online store:)

[CHAUNCY]

Most places have a certain buy in. Like you have to spend so much each time to become a dealer of their products. Could be 500 dollars or 1000 dollars, it varies compainy to company.

[wyndzer]

You need to get a business license from the town the business will be in. Then you will need to have a printed phone number with the business name in the phonebook. This is required from most companies to get dealer prices.

[Ben]

Jamie is correct - you will need a business license from your state, a seperate business bank account, seperate books for taxes (so you don't mix your personal and business money - a big no-no), a seperate store front (i.e. you can't run your business out of your house), a phone book listing, and some references in the ATV industry, and a substantial amount of capital to buy in to several distributors and manufacturers (some won't even accept new dealers, all make you buy a substantial amount of products before you can become a dealer). These distributors will not deal with internet only businesses, so you need a store front (usually the distributors ask for pictures of your store to be enclosed in your application). It is quite a pricey undertaking. ;)

Good luck :D

Ben

[cdalejef]

Yep....Ben hit that one right on the head!!!!! For example......most manuf. or distributors have around a $5000 first order to receive their dealer discounts.
You should also look into becoming a corporation to protect your personal assets!

[BadA$$440]

man, that sounds like a lot of hasle and money, but im sure its worth it.

ok, well im not sure exactly what im going to be doing, but a good friend of ours is one of the best welders/ metal fabricator in the state and he wats to open p a business with me to make frames,a-arms, etc. ( he used to have his own business but h soldhis name for $500,000 think.) And my dad also wants to be a dealer also.

[AtvMxRider]

Originally posted by Bad*****440
( he used to have his own business but h soldhis name for $500,000 think.)

:rolleyes:

[yamahaCal]

and if some one sells that brand in the imediate area the company won't give you a dealership.

[BadA$$440]

Originally posted by AtvMxRider
:rolleyes:

it was for the whole company , Shop, machines, tools, and his name

[JHF219]

Jeff and Ben are both Dead on if you get caught not having a real buisness they will pull your discounts and all !! i know everytime we get someone new you have to fax a tax id number and all your information and some even require a picture of your store front and the shop area then they will sometimes ask for a buisness card its a tedious process and can get you in trouble i know that Nacs has a 1000 dollar buy in Parts unlimited is a huge by in and so forth !! not worth the hassle if your just wanting to get some good deals !!

[QuAdRaCeR244]

Originally posted by Ben
Jamie is correct - you will need a business license from your state, a seperate business bank account, seperate books for taxes (so you don't mix your personal and business money - a big no-no), a seperate store front (i.e. you can't run your business out of your house), a phone book listing, and some references in the ATV industry, and a substantial amount of capital to buy in to several distributors and manufacturers (some won't even accept new dealers, all make you buy a substantial amount of products before you can become a dealer). These distributors will not deal with internet only businesses, so you need a store front (usually the distributors ask for pictures of your store to be enclosed in your application). It is quite a pricey undertaking. ;)

Good luck :D

Ben


that all sounds good for me but i don't have the money to buy a shop:( all i have is my house

[Ralph]

what about just selling parts online? like knowing places or making your own parts and selling them? or lets say i can get big discounts from lsr for non dealership reasons, could i buy like 6 axles and then turn around and sell them?

[QuAdRaCeR244]

i also just want an online store:ermm:

[yellowex01]

Even more competitive online.

[300exazzkikr]

online store would be perfect i could watch the money roll in without haveing to get up off my ***. :D

[CHAUNCY]

Originally posted by 300exazzkikr
online store would be perfect i could watch the money roll in without haveing to get up off my ***. :D

That would be the life wouldnt it :rolleyes: :p

[BadA$$440]

ok, well we built a garage on the lot by our house, its even bigger than our house. Its were we will build our bikes, chassis, and components, now, could this by my "Store/Shop"?

[Pro400EXC]

Well 1st you gotta go to your local big time sellar....Buy a good amout of bricks ,and so on from him....

Then just go down to any beat up hood,and stand on the corner,and wait til you get a customer, and bam,your a dealer...

lol j/p Jesse.

[lil400exman]

i wonder how beerock did it? he is a dealer of so many friggin guys its crazy!:eek2:

[BadA$$440]

hes not on this board anymore, is he?

[300exazzkikr]

he got booted.