Everything You Need to Know About Military Surplus

1. Everything You Need to Know About Military Surplus

2. As mentioned above, the definition of military surplus is additional military assets that are no longer needed. These are withdrawn from service and resold in surplus stores, which are available to civilians. They are also commonly known as Army surplus or Army Navy surplus stores. • The "goods" can be anything from embroidered patches, jackets and helmets to parts, firearms, and vehicles like trucks and jeeps. Two other fairly popular items are boots and headlights. • Since the items were originally manufactured for the organization tasked with protecting an entire nation, they are of exceptional quality and are considered military grade. In addition, they are unique, technologically advanced and of national production.

3. So they are definitely a robbery; you will surely get more than what you pay for! • Items can be new or second-hand. Some items may have been used. This should be stated in the description of the specific item or on the price tag. Otherwise, it doesn't hurt to ask! • Store owners or employees will be able to tell you which items are new and which are not. Second-hand items are generally cheaper than new ones. Therefore, it is possible to use the price as an indicator.

4. What is the history of the military surplus? • The military surplus dates back to the American Civil War (1861-1865). During this time, the troops received mass production equipment and equipment. When the war ended, the leftover items were sold to supply stores to get some money back. • From then on, military surplus stores popped up all over the United States. These stores were more popular after the Korean War and the Vietnam War. Many continue to function to this day. • One of the largest stores on record in history is Bannerman's Surplus, owned by Francis Bannerman VI in the 1870s. To accommodate this store, Francis even had a storage house on Pollepel Island, next to the Hudson River, known as Bannerman's Castle.

5. Who Buys Military Surplus • The loyal customers of army surplus stores and army supply stores are hunters, outdoor enthusiasts, survivors, and collectors. Paintball and airsoft players are also frequent buyers. Generally, anyone looking for high-quality military-issued items can happily shop at these stores. • If you don't want to be a customer at a military supply store, how about owning it? Yes, you read that right! Today, many people choose to open a surplus store. So why can't you right? Here are the steps to starting a military surplus business: • The first step you should take is to come up with a clear business plan. Address the essentials, including upfront and ongoing costs, target market, pricing strategy, and company name.

6. If you're starting from scratch, find a location first. Consider working with an agency to research rental and leasing options in your chosen area. Once you have the brick and mortar building, plan your budget for fixtures and constructions. • Then consider any software needed to keep track of sales and inventory of assault vests. In today's digital world, having a website or online presence is also recommended. A logo, store signage, and marketing materials are other costs to budget for. • For ongoing costs, expect rent, insurance, and utility payments. Also, don't forget about payroll, maintenance, travel and shipping costs, along with other entry fees for supply auctions. • The target markets you can consider are civilian and military enthusiasts, ex-military, adventurers, hunters, sports fans, and survivors. The best way to determine your target market is to go out and do some market research. Assess what the needs of the local community are and then meet the demands.

7. Like other stores, you will generate income from sales. You can offer workshops or classes as additional services to increase profits. Some examples are weapons training classes and self-defense workshops, among others. An outdoor or indoor stove is also a cost-effective "add-on" to consider. • To have a successful store, you must have a proper and consistent pricing strategy. There is no "correct" pricing scheme. Consider costs and expenses, as well as your brand's position in the "market." • Profits depend on how well you run your store. However, the most successful homeowners have reported an annual profit of $ 45,000 to $ 95,000. • Finally, you need a good name for your business. Once you have a name in mind, register it. You should check the business records in your state, as well as the federal and state trademark records. For online platforms, check the availability of web domains and social networks.

8. The second step is to establish a legal business entity, such as an LLC, corporation, etc. Then, apply for an EIN through the IRS website, fax, or mail to register for state and federal taxes. • Next, open a business bank account and credit card. This protects your assets, simplifies tax filing and accounting, and helps build a business credit history for later investments. • With that said, the next step is to set up an accounting system to record all income and expenses. This is essential to keep track of the financial performance of your company. • The fifth step is to acquire the necessary permits and licenses. If you skip this step, you may face heavy fines or face closure.

9. After permits and licenses, you need insurance to run your business safely and legally. There are different types of insurance that you will need to investigate. But most small businesses start with general liability insurance. • Now that you have all the technical know-how figured out, move on with defining your brand. A strong brand is necessary to differentiate yourself from the competition. Design a logo and choose the signage. Make sure they are unique and easy to see. • From here, you can advertise your business through various means, such as distributing brochures and placing banners. It is also helpful to have an online presence. Being on social media and community forums online can expand your reach locally and nationally. To do this, you need a website. You can pay for website builders and do it yourself. • Lastly, you must set up a phone system for your business. Helps filter personal and business life conversations. Your business will also be more automated and professional.

10. About Us • Here at the Back Alley Army Store we pride ourselves on being able to provide you with kit you need for your tactical or outdoor pursuits. Whether it's out to the woods or abandoned shopping centre for an Airsoft match, or a weekend in the woods to escape civilisation, we've got you covered with refreshingly good prices and customer service to match. • Website - https://www.backalleyarmystore.co.uk/ • Army surplus - https://www.backalleyarmystore.co.uk/collections/original-military • Assault vests - https://www.backalleyarmystore.co.uk/collections/assault-vests