How long does it take to obtain a liquor license in Texas?
Starting your own liquor line or opening a liquor store can be a profitable endeavor. Alcohol tends to have
Develop a Business Plan
Whether you are starting your own liquor line, opening a liquor store, or buying a bar, you will need to map out a solid business plan. Your business plan should include a list of your necessary expenditures and projected income. Your business plan will not only assist you in honing the business concept, it will prove vital if you are going to seek
Select the Right Corporate Entity
With your business concept fully developed, you will need to register a corporate entity for your new business. You can select from several options, but most liquor related business will register as a corporation or an LLC. Your entity selection is important because it will have an impact on your ability to expand your business, how much you pay in taxes, and more. Consult with a business law attorney for assistance with choosing the right entity and registering the proper paperwork with the state and the federal government.
Obtain a Liquor License
For those interested in opening a liquor store, you will need to find the right location for the business and secure a lease, preferably one contingent upon obtaining a liquor license. You will need to meet with the Texas Alcoholic Beverage Commission or TABC to find out more about your role as a liquor retailer. Texas law requires that you post a notice that you have applied for a liquor license in the window 60 days before receiving the license. The TABC will need to inspect the location.
The process varies slightly for those looking to start their own liquor brand. You will need to obtain a license to distill the liquor and sell it in the state of Texas. You will need to comply with labeling practices and alcohol content laws. While you will save time by not needing to secure a building, liquor sellers often meet obstacles in obtaining the needed licenses from the state. Your attorney will assist you through all stages of the licensing process.
If you are thinking about opening a