Armory Sponsor
Posted: 2/12/2010 8:36:32 AM EDT
| I am finalizing the last few things before I startup my FFL business. How do most of you handle transactions? For instance a customer wants a gun that is in stock at a distributor. Do you order it through your account and pay for it on pickup, or do you wait until their funds arrive from the customer? I do not intend to have a credit card processing system installed for a few more months. I am lucky in the fact that a JSC is 5 miles from my house but know I will not deal only with them. |
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To order a gun for a customer, I usually require 25% down and I wait to order until the money order clears or the credit card $ hits my account. The 25% usually provides enough cushion that if the customer bails and doesn't complete the purchase, I can sell the item and still be ahead. |
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