Do not forget that a store also needs a general business license and a trade name if using assumed business name as for example if you use a fictitious business name such as “Thrift & Cheap,” the name has to be registered with a DBA assumed business name registration. Since your own,new store business most likely will stock and sell thrift Store merchandise, and store merchandise to be sold as retail is taxable, you will need the re seller permit to by wholesale and sell retail in small amounts like 1 or more pieces etc. One federal employer tax id number and one state employer tax id number.Īny thrift Store store you open will require a resale license also called a seller permit or state sales tax ID number. ![]() Finally, if you will hire store employees, you will need two tax id numbers. Do not forget that a store also needs a business license and a trade name if using a business name as for example if you use a fictitious business name such as “Toy & Stuff R Us,” the name has to be registeed with a DBA assumed business name registration. Since your own,new store business most likely will stock and sell merchandise, and store merchandise to be sold as retail is taxable, you will need the reseller permit to by wholesale and sell retail in small amounts like 1 or more pieces etc. How much does it cost? Where Can I obtain Licenses:Īny store you open will require a resale license also called a seller permit or state sales tax ID number. I am puzzled trying to find out what licenses I would need setting up a new Thrift And Consignment Store. ![]() ![]() The title business name is "Awesome Thrift And Consignment Store I'm thinking of starting my own Thrift And Consignment Store Thrift And Consignment Store onĪnd trying to find out about licensing requirements. Thrift Consignment Store: Licensing for Thrift And Consignment Store Business
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