Building a successful hunting business that sells equipment, leases land for hunters to use or provides hunters with the opportunity to see and kill game takes patience and a strong work ethic. Keep abreast of the latest technology and hunting items, so you can ensure that your hunting business stands apart from the rest. Being educated is imperative to meeting your consumer’s needs. You and your employees need to practice excellent customer-service skills and be in the know when it comes to operating hunting devices. Remember the adage that “the customer is always right.” Practice this daily, and your hunting business may become a community favorite.
Decide on the items you want to sell at your hunting business. Weapons, odor suppressors, camouflage and other items may be offered. Offering a wider array of hunting items to your customers may help increase your sales. If you want to start a hunting guide service, decide on the services you will provide, such as transportation to and from the hunt, lectures on safety or equipment available for rent.
Create a professional business plan that states pertinent information pertaining to your hunting business, such as your monthly expenses, expected cash flow and profits and losses. It should also state any plans to expand your business—either by offering more products and services or by opening another location. For free help and tips on creating a stellar business plan for your hunting business, visit the U.S. Small Business Administration online.
Obtain start-up funds to get your hunting business up and running by applying for a small business loan at bank or credit union. You will, in most cases, need collateral, so if you do not have it, consider focusing your time of securing funds elsewhere. Also consult with friends and family members about monetary support. They may not be your next investors, but they might be able to introduce you to one.
Buy, build or lease a building for your hunting business. Depending on the quantity of items and services you plan to offer, you might be able to find an existing building that suits your size needs. Constructing a building will allow you to make customizations, while a lease will help you avoid costly structural repairs.
Visit your local courthouse or municipal office to apply for a business license and permits. Apply for a federal tax identification number by visiting the Internal Revenue Service online--there are several ways to apply including online. You also must apply for a license to sell firearms and ammunition, if that will be part of your business. Such documents are required for the legal operation of you hunting business.
Locate a supplier that can keep the shelves of you hunting business stocked with all of the seasonal goods. Be a smart shopper and compare prices before make a large purchase of camouflage, weapons or other items. Some suppliers offer discounts for large orders, and the discount will increase as your order total increases. Give your supplier a little TLC. He has what you need to make a living.
Decide if you want to operate your hunting business alone or with the help of employees. You cannot answer questions about the latest deer stand while you are in the back preparing a deposit and ordering more items to stock your shelves. Employees can help unload shipments, ring up sales and answer customer questions. Use the services of an employment agency. They can interview and hire employees on your behalf.
Advertise your hunting business to gain exposure. There are many methods to use, but to help increase customer awareness, consider a renting a billboard. You can advertise your company website and provide your contact info as well. Think about placing print ads in the local Sunday newspaper where you can provide coupons and advertise discounts for various seasonal hunting supplies.
- hunting image by Katrina Miller from Fotolia.com