Many of the companies that operate in the firearms and ammunition industry have established themselves as limited liability companies, or LLCs. There myriad tax advantages that come along with creating an LLC and it also makes it easy for business owners to keep their personal assets separate from their business assets. Nevertheless, if you have… Read more »
General liability insurance is a type of insurance that all small businesses should have, especially if you’re a part of the firearms industry. It’ll protect you in the event of an accident that takes place on your property. You won’t have to worry about shelling out thousands or even millions of dollars for medical bills… Read more »
Defective product liability claims are an important concern for any business that is involved in the manufacture or sale of goods, including those involving firearms. Businesses need adequate product liability insurance to protect against these types of claims for defective products. Responsible businesses make a dedicated effort to test products before introducing them to the… Read more »
Ocean cargo insurance is an important tool for many businesses that are involved in shipping raw or manufactured goods internationally. Increasingly, even smaller businesses may be sourcing goods or materials from other countries. This is an overview of ocean cargo insurance and how it can benefit your business. While ocean shipping is a common and… Read more »
If you own a business that manufactures products sold to consumers, you might think that the onus is on those consumers to use your products responsibly and at their discretion. However, the truth is that if you produce a product that is defective or later considered to be unsafe in any way, you could be… Read more »
If it’s one thing that most gun owners agree upon, it’s this: the government shouldn’t interfere too much with their constitutional right to bear arms. Furthermore, the government should not be in the business of mandating insurance for gun owners. Suggested? Fine. Mandated? No thanks. Lately, lawmakers in several states and regions are pushing bills… Read more »
If you haven’t heard of product liability insurance before, then it might be a little confusing to you. Product liability insurance will protect a business from claims that are made in relation to the manufacture or sale of products, food, medicines, or other goods that are made public. This covers the liability of the seller… Read more »
With legislation being proposed that would potentially take guns away from citizens across the United States, more people than ever are purchasing guns. This is causing new gun ranges and retailers to open all over the country. So if you are deciding to join in and open your own firearm business, it is important to… Read more »
Seattle, Washington, a large and booming city, is planning to implement a mandatory sales tax on all sales of firearms and ammunition. Though Seattle is labeling this as a “gun violence tax,” many citizens of the city believe the tax is illegal and unfair. By implementing a tax on firearms, Seattle is hoping to decrease… Read more »
Crazy times we live in, wouldn’t you say? Now with all this talk of who’s going to be the next President of the United States, we are poised to experience even more craziness in the coming months. There will be talking heads on the TV and instruments with pens tooting their own horns on blogs… Read more »