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FFL – Planning For Transition

posted on January 18, 2019

Q: Our owner is getting ready to renew his FFL. He is going to be retiring in about a year and a half, and the plan is to sell the business to his son. He has over 20 years worth of records and is wondering what the best way is to proceed in order to make the transition a smooth as possible when the transition time comes. Should he add his son as an RP on the current license or apply for a new license and close the old one down? What does FFLGuard recommend as the best course of action in his situation?

View the answer to this and thousands of other questions in our client-only Support Center.

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