Sunday, September 20, 2015

How to Make Money off a Peddler's License in Arizona


Identify a gap in the market. Think about what would sell well in the location in which you plan to trade. If you can identify an area close to you that would benefit from a peddler selling refreshments, consider setting up a food and drink stall. If you want to sell your own arts and crafts, look for a spot with heavy footfall that attracts the type of demographic that would be interested in your work.
Calculate your prices. Work out how you'd need to price your goods to turn a decent profit. Factor in the price of your raw materials, income tax deductions, fuel for transportation, your time and any other costs involved in your peddling venture. You'll also need to add sales tax on top of your final figure. The amount you'll need to add in sales tax will depend on where in Arizona you plan to trade. You can find information about sales tax in Arizona counties and cities on the Arizona Department of Revenue website.
Contact your local city or county government offices to find out if you need a peddler's license. You'll also need to ask if you need to meet any health and safety requirements or submit to a health inspection. The method for applying for a license will vary depending on the jurisdiction where you plan to trade. You may not even need to apply for a license if you're selling certain goods.
Buy a vehicle or a stall from which to trade. Make sure any equipment or inventory you invest in meets the requirements of your local licensing office. If you plan to sell your wares by going door to door, buy smart clothes and spend money on making yourself look as presentable as possible.
Apply for a peddler's license from the Arizona city or county government office that has jurisdiction over the area in which you plan to trade, if you require one. The method for doing so will vary from place to place. You'll usually need to submit recent photographs of yourself and a description of where you plan to trade, provide fingerprints and pay a fee. You also may need to submit to compulsory inspections.
Register for transaction privilege tax, or sales tax, with the Arizona Department of Revenue.
Work on making the stall or vehicle you plan to sell from as inviting as possible, or perfect your patter, and get selling.
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