Awesome video. Along with all your others. Looking at getting into making my own baits. Can you do a video on how you built your drying turner and what you use to hang the baits on it. I have learned so much from your videos and keep referencing them for stuff I need to buy.
Cody, I received a notification that you replied to me earlier post, but do not see it here. What I meant is, Federal law requires the manufacturer of fishing equipment (including fishing lures) to collect a 10% Excise Tax, in addition to any Sales Tax. So you need to calculate your cost in making the lure, Packaging, Profit you hope to make, Excise Tax, Sales Tax, and possibly Shipping (if included in the price), to determine the sales price of a lure. You will also need to know how often the Excise tax is supposed to be paid to the Government; monthly, quarterly, annually, etc... I do know the answers because I am just a hobbyist and don't sell lures, but I've heard other lure makers mention this Excise Tax. Please do some research if this is something you're not aware of. And, I hope your business venture does very well for you!
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Awesome video. Along with all your others. Looking at getting into making my own baits. Can you do a video on how you built your drying turner and what you use to hang the baits on it. I have learned so much from your videos and keep referencing them for stuff I need to buy.
Another high quality bait! Keep up the good work.
Thank you very much ! Many more videos on there way !
You do beautiful work. Needs a split ring on the eye you tie to.
Thank you very much. And yes I need to put one on the front !
What hooks do you use? Great video. The squarebill addiction is real.
Just depends. Sometimes eagle claw lazersharps. Or vcm
Bravo majstore.
What sealant and smoother do you use? Those in the pickles
Using minwax sanding sealer. The brushed on epoxy
Do you know about the Federal Excise Tax (about 10%) for fishing equipment and lures, in addition to regular sales tax? Best of luck in your venture!
Do you ship worldwide Cody?
With that sanding sealer, does it soak it all cux cuz mine its doesn't soak it all up
It will only soak up to a certain point depends on how long u let it soak
@@codymichael2000 ok, when I do it i have to wipe it off like a hour later. And its hardwood so it would soak it up as good
@@aidanquinn1805 interesting normally sanding sealer dries all the way what type of sanding sealer are u using ?
Cody, I received a notification that you replied to me earlier post, but do not see it here.
What I meant is, Federal law requires the manufacturer of fishing equipment (including fishing lures) to collect a 10% Excise Tax, in addition to any Sales Tax.
So you need to calculate your cost in making the lure, Packaging, Profit you hope to make, Excise Tax, Sales Tax, and possibly Shipping (if included in the price), to determine the sales price of a lure.
You will also need to know how often the Excise tax is supposed to be paid to the Government; monthly, quarterly, annually, etc...
I do know the answers because I am just a hobbyist and don't sell lures, but I've heard other lure makers mention this Excise Tax. Please do some research if this is something you're not aware of.
And, I hope your business venture does very well for you!
Yes this is true. And I replied but it glitched or something I was out in the boonies ha