In order to sell funnel cakes, regardless of the venue, you will need to know and adhere to your local and state ordinances. In this, the final installment of this series, you’ll find out what types of licenses and permits are required to sell your funnel cakes at sporting events and fairs around the state. This article utilizes the state of Oklahoma as an example, but you will need to check with your state’s regulatory board for specifics that apply to you. However, these examples will give you a firm grasp of the situation.
Sales Tax Permit
Any vendor can expect to pay sales tax and concessionaires are no exception to this rule. In order to operate a concession business at any venue in the state of Oklahoma, you will have to pay $20, every three years, for a permit to levy sales taxes. In addition, the state of Oklahoma charges 4.2 percent sales tax, and individual counties and cities can levy their own tax on top of this. Therefore, after purchasing your permit from the Oklahoma Tax Commission, you will need to inquire with each county and city you will sell in to determine their rules and regulations. You may also incur an additional fee of $10 per three years in order to sell concessions in more than one location. Continue reading ‘Creating a Profitable Funnel Cake Business – Part Three’ »
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