Reloading for profit

[gregintenn]

I like reloading. Several people I come into regular contact with have asked if I'd relaod ammo for them. I'd like to, but in the litigious society in which we live, the prospect of an accident happening scares me to death. I know guys who do this and haven't had any problems. I fear someone having an accident, my fault or not, and sueing me for everything I've worked hard to accumulate. Do any of you do this, and do you have any suggestions of how to legally proctect myself from frivilous lawsuits if I decide to try my hand at relaoding for the public.

[56FordGuy]

Good, general advice is don't do it.

If you're going to, you will need significant liability insurance, along with an 06 FFL.

If you're seriously interested in it, go for it. I would think you would need to do quite a large volume though, to justify the costs and the time.

I think insurance would be the biggest thing. Even if you loaded 100% perfect ammunition, you can expect to get sued if someone fires that 100% good ammunition in a weapon that is, for whatever reason, unsafe to shoot, and the weapon fails.

Edited November 10, 2009 by 56FordGuy

[Guest Plus1Hdcp]

+1 with 56Ford and also consider that it may take away from the enjoyment. As an idea, offer to mentor those individuals in the art of handloading.

[Trekbike]

the prospect of an accident happening scares me to death.

I think your comment above says enough.

Unless you are wanting to get into this as a federal licensed ammo maker with all required insurance, I'd stay away from the idea, IMHO.

[mrmoetn]

Sometimes I get sucked into that line of thinking in various areas of life...i like it...it's fun...maybe i can make a nickel...it's my duty to give back...THEN it turns into a job...and the fun is sucked right out of it and before long it's a large hassle the thought of doing whatever it is absolutely sickens me and the next thing I know...what used to be fun etc. is yesterday's hobby...my .02

[Angus]

As the hubby to a legal assistant...yeahhhhh....no!

She currently works criminal law, but has worked civil, and well.......people suck!!

John

[gregintenn]

Thanks everyone. You have reinforced what I already thought. I'll just shoot my reloads so I'll have empty brass to reload again.

[ftncityfatboy]

more often than not, that hobby that you so enjoy doing, once turned into a business suddenly become very unenjoyable and you end up hating it. i have always believed to find something you love doing and make a career out of it, don't take one of your "hobbies" and try to extract money from it. IMHO, even giving someone else your reloads is putting yourself out there for liability issues. Reload for yourself and the pure enjoyment it gives you. FWIW:D

[broylz]

i had a buddy ask me the same. i offered to teach him to reload and now we split bulk buys on components

[Bad Habit]

The ATF will throw your butt in jail if you reload ammo and sell it without obtaining the proper licenses, etc. There is a federal excise tax on ammo.

[Guest Drewsett]

An umbrella liability policy is suprisingly affordable. I don't know how much the gov't charges for licensing fees, but I am willing to bet you could draw up a contract you could require all ammo purchasers to sign that would minimize your liability. If this is truly something you think you could enjoy doing, I think you should go for it. In all likelihood you will have to charge more for ammo that what ammo manufacturers do because you can't compete with them on quantity...and therefore can't compete with them on price. Beat their quality, and be a reliable source and I think people would come to you...you'd be like a great tailor...not everyone could afford you, but those who could always look great and have plenty of clothes

[DaveTN]

Reloading for profit

Forget the license and the tax; I would like to know how you think that a profit is even possible.

[dlm37015]

license 60.00 insurance about 7500 a year to start more ammo more insurance plus an 11 % exise tax enforced by ATF not worth it for me

[Guest MissouriBullet]

license 60.00 insurance about 7500 a year to start more ammo more insurance plus an 11 % exise tax enforced by ATF not worth it for me

Ammo and component manufacturers are also required to have an ITAR certification from the State Department. It costs $2250.00 per year. Failure to have one is worth $25,000 and 10 years in federal prison.

Believe it or don't.

[Guest grimel]

Don't forget the cost of starting and maintaining a Sub-S corporation or at least a LLC.

[gregintenn]

...and Obama doesn't understand why our economy is suffering. It would be very difficult to start a business amid all the rules, regulations, licenses, taxes, liabilities, etc. you all have listed here.

[Guest grimel]

...and Obama doesn't understand why our economy is suffering. It would be very difficult to start a business amid all the rules, regulations, licenses, taxes, liabilities, etc. you all have listed here.

OH, these are just guns/ammo specific. You should see the rest of the rules, regulations, lice, taxes, insurance, and what not much less the crap he's trying to add to it.

[Guest canebreaker]

With all this bull****, I will not sale my reloads!

[Guest MissouriBullet]

Don't forget the cost of starting and maintaining a Sub-S corporation or at least a LLC.

Actually, it didn't cost us much at all to incorporate as a Subchapter S corporation here in Missouri. We did it online at the SecState's website. It cost, I recall, $53.00. And our bookkeeper doesn't charge us much at all to maintain payroll and tax filings; under $300.00 or so a year. And that's with 4-5 employees.

[Guest canebreaker]

Do you sale ammo?

Do you sale reload components?

[Guest MissouriBullet]

Do you sale ammo?

Do you sale reload components?

Me? No. We only manufacture and sell cast lead bullets.

[broylz]

and great ones at that