Cash for Gold Business License

How to Start a Cash for Gold Business

After investing in our “How to Start a Cash for Gold Business Guide,” one of the first questions we are always asked is:

Hot to start a cash for gold business

Our answer to scrap gold business licensing?

  1. First, READ OUR GUIDE! We cover licensing of cash for gold businesses thoroughly.
  2. Second, visit your local police department. Tell them you are CONTEMPLATING the start up of a cash for gold business. Ask them what you need,  if anything, to buy and sell scrap gold in your city. In some states and provinces, the local police department offers a simple scrap gold licensing application.
  3. Third, visit your local city hall. In many jurisdictions, your city or county will regulate your new cash for gold business. Call them up or drive there and ask. Again, you are CONTEMPLATING a cash for gold startup!
  4. Fourth, your state or province maybe the appropriate agency. Google them and make the call. Often, your state will provide specific scrap gold licensing info. Or, at least they’ll have a Contact Form enabling you to make an inquiry.
  5. Fifth, visit other cash for gold stores in your town. If a license is required, they’ll post a copy of it on a wall inside their location. Usually, the licensing authority for their cash for gold business will have a phone number and address on the license. Write down this info or take a quick picture of the license with your phone.
  6. Sixth, failing all these ideas for determining if you need a cash for gold business license, just simply begin. It’s better to ask forgiveness than for permission.

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