How to establish, open a liquor store in south africa gas tax deduction


The intention of this exercise is to assist the first time Liquor Store entrepreneur to note some factors which might influence his/her decisions when establishing a new Liquor store. The intention is NOT to give legal or financial advice. All information is available for the entrepreneur to use at his / her own discretion and risk and Frik Liebenberg Business advisory services cc does not except any responsibility whatsoever for losses which the entrepreneur may occur when using this information. This information is by no means comprehensive and must be adjusted to suit specific situations and to suit provinces other than Gauteng.

The Criminal Records Centre, First floor, Bothong Plaza West Building, 271 Francis Baard Street, (Previously Schoeman Street) Pretoria and deliver the original Police clearance Certificate to our office or y ou can send us the original finger prints, copy of the receipt of R 59.00 per set of finger prints and a copy of the Identity Document/s and we will deliver it to Pretoria and arrange for collection at an additional cost of R 800.

You need a premises before you can even apply for a Liquor License. The public area must not be less than 50m2. gas finder The ideal is that your premises is +500m or more from a church, school or similar business. However this is not always possible. Do not start spending money on renovating the existing building or start building a new building or sign a lease contract on the building before you have cleared the following:

• Right to renew. The renewal clause gives you the right to renew the lease contract after the expiry of the lease. There should be a % increase or a rand figure of the first year’s renewal increase in rent with an escalation clause for every year thereafter until the end of the renewed contract. The applicant is welcome to contact the writer for more information. (Do not accept a clause stating “The lessee has the right to renew the lease contract, without a clear stipulation of the cost of the lease after renewal.)

Note: The monthly payments stipulated on the lease contract can be inflated by the lessor’s on-costs such as administration cost, security cost, cleaning cost, rates and taxes etc. Establish first what extra cost will be charged before you mak a dicision. A guideline on the influence of rent on the profitability of a Liquor store is that if the rent is in the region 10% or more of a liquor store’s turnover, you are paying too much rent which will inflate your overheads out of proportion. Keep your overheads as low as you can. If you do not achieve at least 11% net profit, then your overheads are too high. Back to top 3. duke electric orlando SARS clearance.

• Contact a reputable Liquor License Consultant to give you a quote clearly confirming all cost. Investigate the Liquor License consultant and ask for references. Make sure you know what is included and what is excluded in the quotation. Apply as soon as possible because a Liquor License Application can take a long time. (4-6 months or longer) You can apply on an existing premises or on a stand on which there is no building yet.

Don’t attempt to do a DIY job on your Liquor License application unless you are fully familiar with all aspects of the Liquor Act. Section 23(3) of the Gauteng Liquor act reads: “Where an application for a license has been refused by the Board, no new application may be made in respect of the same premises within a period of one (one) year from date of refusal,……..” If it takes six months before you receive a refusal from the board it means that you have wasted 18 months before you can apply again and then you might wait another 6 months before your application can be approved. That could mean 24 months which you might pay rent on an empty shop. Back to top 5. Start planning your shop

Decide on your target market. (High income, Medium income or Low income group). gas prices under a dollar Your products that you will sell depends on this decision as well as the outlay and image of your shop. (We will assist you). For a Liquor Store you may decide on a self service or service counter shop. This depends on safety and security and income level of the area. A self service Liquor store will require much more starting- up stock than a service counter shop.

Decide on a Name and Logo and colours of the business. (Remember your business must “jump out in the street” It simply means that your business must not melt into the surrounding shops but stand out very clearly) You must be able to read the signwriting and advertisements at 60 km/hour. Rather write less than clutter the signboard with too much information.

Unfortunately you can not only stock fast moving stock. Some stock should be kept as a service product to customers who are seeking alternative products. Your shop should be well stocked and must look successful. Do not allow partly stocked shelves but rather reduce the number of shelves. gas natural Keep them stocked to the brim. You can achieve this by moving your beverage coolers forward to reduce the initial floor space and removing some shelves.

• At least one male must be employed as a “customer service” person. He will assist the customers in finding their purchase required by the customer, but he is actually there to observe for shoplifters or security threats. He will be equipped with a remote panic button which is connected to an armed response alarm. A liquor store is less busy on Mondays than Fridays and Saturdays. You can plan the number of staff and their working hours accordingly.

• Order your stock. There is a direct correlation between the stock holding and the turnover, but only up to a point. gas pain in chest If you open a self service Liquor store and your stock is less than R150 000 to R200 000 (in 2014), then it is unlikely that your liquor store will survive. If you open a counter service liquor store then you can get away with R70 000 worth of stock. Decide on Minimum / Maximum stock levels and re-order levels of your stock.

• Intoxicated persons. Section 47 of the Gauteng Liquor act 2 of 2003. A licensee shall refuse to admit to the licensed premises or any part thereof, or sell or supply to an intoxicated person and shall have such person removed from the premises or any part thereof. (An intoxicated person is when his/her capabilities are so impaired by liquor that he/she is likely to cause injury to himself/herself or be a danger or nuisance or disturbance to others.

• Festive season. – This is the busiest part of the year. You need to order larger volumes of stock because most suppliers close over the festive season. Initially it will have a detrimental effect on you cash flow if you do not plan for that. You need to plan the fast moving stock such as beer. Again you can order a large quantity of beer for the festive season, and if it rains for three weeks, then in January you can be stuck with a large quantity of beer and a with a cash flow problem. The opposite is also true. If you order too little and run out of stock, you lose customers and sales!