SIPP Industries Inc (SIPC)

[sam1933]

SOMETHING IS VERY FISHY HERE

The Hemp/CBD beer are in the final stages but nothing is 100% until it
is finalized...

...Please keep in mind that many of the endeavors we are working on are
sensitive due to the nature of legalities

The liquor industry can be a place of tremendous profits or heartbreaking defeat. A sound recipe that captures the imagination and delights the palette just is not enough.

There are licenses to be obtain, production to arrange and logistics to think about.
You need an attorney to obtain your licenses and write contracts, a place to make your product, and enough money to pay for the whole process. Starting with these bare essentials you have a chance for success in the highly competitive world of liquor.

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Step 1
Acquire a warehouse location. All distribution companies must have warehouse space to store the products. You may choose to lease a storage space or purchase a warehouse building. Also, some states may require you to already have a warehouse to store the beverages before you apply for any required liquor licenses or permits.

Step 2
Apply for a license to wholesale liquor with your state department of taxation. Each state has its own laws regarding the distribution of liquor within state borders. In most states, you must obtain a special permit to store and transport alcoholic beverages within the state. Depending on your state, you may be required to undergo a background check, and there may be an extended time frame, such as six months, before you are approved for a liquor wholesaler’s permit or license.

Related Reading: How to Sell Wholesale Liquor-> http://smallbusiness.chron.com/sell-wholesale-liquor-13703.html

Step 3
Apply for a Federal Employer Identification Number (EIN) with the IRS using Form SS-4. Most businesses with employees, including corporations and partnerships, must register for an Employer Identification Number. This nine-digit number is used to identify your business when you file and pay your business taxes.

Step 4
Apply for a permit with the Alcohol and Tobacco Tax and Trade Bureau (TTB) to operate a business as an alcohol wholesaler. TTB grants permits to companies desiring to operate alcohol and tobacco businesses above the retail level. These beverage and alcohol businesses are governed by the Federal Alcohol Administration Act (FAA Act) and the Internal Revenue Code (IRC). Alcohol wholesalers must complete an application for the Wholesaler’s Basic Permit and submit any additional documents, such as a partnership agreement or a corporation’s by-laws and articles of incorporation. Before you can operate your business, TTB must provide written approval of authorization to distribute liquor.