Jump to content
Drakegunner

Selling Jigs - Legal Stuff

Recommended Posts

Drake,

None that I know of. When I first started selling jigs, I asked Do-It Molds if I can use the name "Poison Tail" or "Ultra-Minnow" in my catalog, and they had no problem with it. They were very nice about the whole process, and I use all of their names in my catalog.

Link to comment
Share on other sites

I don't think you will have a problem, Do-it looks at it as advertising. I really think Do-it can raise questions with a lot of companies that make tackle, take a look at a finished poison tail jig and look at Tackle Warehouse's jig section, I bet there are at least 4 or 5 decent size companies tat use a very similar design if not the exact design of that mold and the poison tail was out before those jigs.

Link to comment
Share on other sites

Drake,

All you have to do is call them. I don't think they will send you a letter approving you to use their molds so you can then sell their jigs. I have been doing this for 8 years and never had a problem. Do-It knows that you are going to create jigs from their molds that's why they are selling and making molds. Now if you were going to take one of their molds and then have it copied and then start sellling molds well that is a different story. Everyone I ever spoke to at Do-it has never given me any problems. Even at the worst case possible, a company would usually send you a cease and desist letter before they sue you. However for your peace of mind call them and ask.

Link to comment
Share on other sites

Thanks for sharing your advice and experience cadman. And for all of your help. I started making my jigs specifically for myself and friends, now that it has turned into a small business opportunity, I wanted to check before investing more time and money.

I'll call do-it to make sure there is no problem.

Link to comment
Share on other sites

Drake,

I didn't look closely at the pics you posted. I did now and damn those are nice fish. Were those all caught on your jigging spoon? If so dude, that is money in the bank. If you can catch fish like that with your jigging spoons then definitely start selling them. BTW pardon my ignorance but those are salmpon correct? If so what kind of salmon are they? Just trying to expand my horizons.

Link to comment
Share on other sites

I can see the spoons in 2 different pics Cad, and they look pretty nice. I was looking at getting a mold for down at the beach, but not sure which one to invest in. (Big blues and Stripers)

Is that the diamond jig Drake? Painted or the stick on designs?

Now a question I don't think you posted, but if you are worried about do-it having issues with selling their stuff, you may also want to look into being legal to sell tackle. Do you have your tax numbers? Where I sell, if you don't have it, the registered tackle makers will turn you in fast. Just something else to think about.

Link to comment
Share on other sites

Drake,

I didn't look closely at the pics you posted. I did now and damn those are nice fish. Were those all caught on your jigging spoon? If so dude, that is money in the bank. If you can catch fish like that with your jigging spoons then definitely start selling them. BTW pardon my ignorance but those are salmpon correct? If so what kind of salmon are they? Just trying to expand my horizons.

Thanks, and yes those are Chinook Salmon. Aka Kings

I've always trolled for them and caught a lot, but a couple of years ago, I started vertical jigging for them and it is a blast. Only problem was I couldn't find a jig with all the best elements for my style of fishing, so I sold some stuff and got into making my own. I have to say, my buddies and I have been just pounding them on my jigs. We are consistently out fishing the guys trolling around us.

ImageUploadedByTapatalk1347602084.015097.jpg

ImageUploadedByTapatalk1347602084.015097.jpg

ImageUploadedByTapatalk1347602084.015097.jpg

ImageUploadedByTapatalk1347602084.015097.jpg

ImageUploadedByTapatalk1347602084.015097.jpg

ImageUploadedByTapatalk1347602084.015097.jpg

ImageUploadedByTapatalk1347602084.015097.jpg

ImageUploadedByTapatalk1347602084.015097.jpg

post-29811-134760208564_thumb.jpg

Link to comment
Share on other sites

Now a question I don't think you posted, but if you are worried about do-it having issues with selling their stuff, you may also want to look into being legal to sell tackle. Do you have your tax numbers? Where I sell, if you don't have it, the registered tackle makers will turn you in fast. Just something else to think about.

What steps do I need to take to become legal?

Link to comment
Share on other sites

Here in Missouri, I needed a State business license so I could get set up to submit sales tax. You also need an EIN (employee identification number) from the IRS. There are some hoops to jump through, forms to fill out and I even had a local IRS rep come to see my setup. I think there was another IRS form to submit when getting started but I forget what that is called. Then you have to submit form 720 to the IRS on a quarterly basis and pay your 10% excise tax. That is the short version of how to get started legally. Or you can just fly under the radar and take a chance of someone turning you in or whatever.

  • Like 1
Link to comment
Share on other sites

The Feds should be a main concern on becoming legal. They actually came out to my MFG facility & inspected to be sure that I was really building baits. I never could figure that one out, guess the guy wanted to get out of the office. That was about 20 years ago. If you are going to sell retail, you will need a state tax ID also, as others have already posted.

Link to comment
Share on other sites

As of now I am flying under the radar. Just selling to friends and about 5 customers. I would love to sell online, but thatll be soon enough

You want to be very careful-one disgrutled customer or competitor calls the I.R.S. w/ your name/business name/address and  you will be investigated- no matter how small you are.The penalties and interest will superceed your cost of going legal. Now if they declare you a fraudulent businessman,you're in for a long and expensive road of audits.

 

Edited for spelling

Edited by smallmouthaholic
  • Like 1
Link to comment
Share on other sites

Thanks smallmouthaholic, now we know what those boys in Washington think about. If we had a flat tax rate they would do even less then we could cut the senate and the house in half, but then they would feel like the rest of the unemployed, but they would...........I best stop. :flame:  Just fill out the tax form and find a bean counter to do the tax work.

ravenlures

Wayne

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...


×
×
  • Create New...
Top