Understanding the ATF eForm 4473: Your Guide to Seamless Compliance (and Why E4473 is Your Answer)
Tuesday, April 29 2025
For every Federal Firearms Licensee (FFL) in the United States, managing firearm transactions requires meticulous attention to detail and unwavering compliance with federal regulations. At the heart of this process lies the ATF Form 4473 – the Firearms Transaction Record. With the advent of electronic systems, many FFLs are seeking efficient ways to manage the ATF Form 4473 electronically. So, what exactly is the ATF eForm 4473, and what does it do for your business? What is the ATF eForm 4473? The ATF Form 4473 is a critical document required by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) for every over-the-counter firearm sale or transfer by an FFL. Its primary purpose is to capture essential information from the prospective firearm transferee (the buyer) and the FFL to ensure that the sale complies with federal and state laws. This includes recording the buyer’s identity, their answers to specific eligibility questions, and details about the firearm being transferred. The “eForm” aspect simply refers to the electronic version of this critical document. The ATF has embraced digital submissions to streamline the process, reduce errors, and improve efficiency for FFLs. Instead of filling out paper forms, customers can now complete their portion electronically, and FFLs can manage the entire transaction digitally. What Does the eForm 4473 Do? The eForm 4473 serves several vital functions: Background Check Initiation: The information collected on the form is used by the FFL to initiate a background check on the prospective buyer through the National Instant Criminal Background Check System (NICS) or a state point of contact (POC) system. This ensures the buyer is not prohibited from possessing firearms. Legal Record of Transfer: Once the background check is approved and the firearm is transferred, the completed and signed eForm 4473 becomes the official legal record of that transaction. This record is crucial for tracking firearms and ensuring accountability. Compliance Assurance: The form guides both the buyer and the FFL through a series of questions and confirmations designed to prevent illegal firearm transfers. Accurate completion is a cornerstone of an FFL’s compliance program. Streamlined Process: Moving from paper to electronic (eForm) significantly reduces common issues like illegible handwriting, missed fields, and arithmetic errors. It also speeds up the overall transaction time. Digital Record Keeping: Electronic forms eliminate the need for physical storage of paper documents, making record retrieval for audits far more efficient and less burdensome. The Challenge: Beyond Just “Electronic” While the eForm 4473 brings significant advantages over paper, simply having an electronic form isn’t enough. FFLs still need a robust, reliable, and integrated system to manage these forms, ensure absolute compliance, and seamlessly fit into their existing business operations. This is where many generic eForm solutions fall short. E4473: Your Ultimate Solution for All 4473 Needs This is precisely why E4473, a proud part of the Bravo Store Systems family, stands out as the ultimate solution for FFL business owners. E4473 isn’t just an electronic version of the 4473; it’s a comprehensive, intelligent platform designed to manage the 4473 process digitally and integrate seamlessly into your entire FFL operation. It serves the same purpose as the ATF’s electronic form, but operates as its own stand-alone system, not directly connected to the ATF’s digital submission portal. Here’s how E4473, powered by Bravo Store Systems, addresses all your 4473 needs: Seamless Integration with Bravo Store Systems: As part of the Bravo ecosystem, E4473 offers unparalleled integration with your Point-of-Sale (POS), inventory management, and A&D bound book. This means less manual data entry, fewer errors, and a truly unified system for your entire business. Intelligent Error Prevention: E4473 features smart validation fields and guided workflows that virtually eliminate common errors. This built-in intelligence helps ensure every 4473 processed through the system is accurate and compliant before submission, significantly reducing audit risk. Enhanced Efficiency and Speed: Customers can complete their portion of the 4473 on a tablet or computer quickly and securely. This drastically cuts down on in-store processing time, allowing your staff to focus more on sales and customer service. Secure Digital Record Keeping: Say goodbye to paper storage! All completed 4473s processed through E4473 are securely stored digitally within the Bravo Store Systems framework, making retrieval for ATF audits simple, fast, and stress-free. Unwavering Compliance: E4473 is meticulously designed and regularly updated to reflect the latest ATF regulations, giving you peace of mind that your transactions are compliant. Superior Customer Experience: Offering a modern, streamlined digital process enhances your customers’ buying experience, making it faster and more professional. Elevate Your FFL Operations with Bravo Store Systems For FFL business owners, managing the ATF Form 4473 effectively is not just about compliance; it’s about operational efficiency, risk reduction, and delivering a superior customer experience. E4473, backed by the robust power of Bravo Store Systems, provides the complete package. Ready to ditch the paper mountains and streamline your FFL operations? Visit E4473.com today to learn more and request a demo. Discover how implementing E4473 in Bravo Store Systems can revolutionize your firearm transaction process, ensuring compliance, saving time, and empowering your business for success.
- Published in ATF, Bravo POS, Form 4473, Gun Stores
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Beyond the Counter: Why ATF Compliance is Non-Negotiable for FFLs, Gun Dealers, and Pawn Shops – And How E4473 Secures Your Business
Saturday, March 15 2025
For every business involved in the sale, transfer, or pawning of firearms, adherence to federal regulations isn’t just a suggestion – it’s the law. Federal Firearms Licensees (FFLs), whether they operate as traditional gun dealers, manufacturers, or pawnbrokers, carry a profound responsibility. ATF compliance is the bedrock upon which these businesses are built, safeguarding public safety, ensuring legitimate commerce, and, crucially, protecting the very livelihood of the FFL holder. What Exactly is ATF Compliance? At its core, ATF compliance means operating strictly within the guidelines set forth by the Bureau of Alcohol, Tobacco, Firearms and Explosives. These regulations govern virtually every aspect of a firearm business, including: Acquisition & Disposition (A&D) Bound Book: Meticulous recording of every firearm acquired and disposed of. Form 4473 (Firearms Transaction Record): The essential document completed for every over-the-counter firearm transfer, capturing buyer information and eligibility. NICS Background Checks: Conducting instant criminal background checks on prospective buyers. Inventory Management: Accurate tracking of all firearms in stock. Reporting Requirements: Timely submission of forms like multiple handgun sales reports (ATF Form 3310.4) and theft/loss reports. Security Measures: Protecting firearms from theft or unauthorized access. Employee Training: Ensuring all staff understand and adhere to federal and state laws. Why is Compliance So Critically Important? The stakes for ATF compliance are incredibly high, impacting not just your business’s legal standing but also public safety and your reputation: Legal Obligation & License Preservation: Operating as an FFL is a privilege, not a right. Compliance is a direct legal obligation. Violations can lead to warning letters, fines, and, most severely, the revocation of your FFL license, effectively shutting down your business. Public Safety: The ATF regulations are designed to keep firearms out of the hands of prohibited individuals (felons, domestic abusers, etc.). Diligent compliance by FFLs is a critical layer in preventing illegal gun trafficking and ensuring public safety. Financial Impact: Non-compliance can result in substantial civil penalties and fines, which can quickly cripple a business. Reputation & Trust: Maintaining a strong compliance record builds trust within your community and with regulatory bodies. Conversely, violations can severely damage your reputation, leading to lost customers and public scrutiny. Personal Liability: In cases of willful or repeated violations, FFL owners and even employees can face personal criminal charges, including imprisonment. The Risks of Non-Compliance: A Costly Lesson The consequences of failing to adhere to ATF regulations can be severe and far-reaching: ATF Fines & Penalties: From administrative penalties for paperwork errors to hefty fines for more serious infractions. Warning Letters & Conferences: While not immediately fatal, these indicate increased scrutiny and require documented corrective action. License Revocation: This is the most severe outcome. The ATF has the authority to revoke an FFL, especially for willful violations or a pattern of non-compliance, effectively ending the business. Criminal Prosecution: Serious violations, such as knowingly selling to a prohibited person or engaging in illegal firearms trafficking, can lead to federal criminal charges and incarceration. Increased Audits & Scrutiny: FFLs with a history of violations often face more frequent and intensive inspections, further taxing their time and resources. Lost Business & Damaged Reputation: A revoked license or a public record of non-compliance can permanently harm your brand and deter customers. E4473: Fortifying Your Compliance Strategy Given the critical nature of compliance, manual processes and outdated systems simply aren’t enough. This is where E4473, a proud part of the Bravo Store Systems family, emerges as the essential solution for modern FFLs, gun dealers, and pawn shops. E4473 isn’t just an electronic form; it’s a comprehensive compliance powerhouse designed to simplify and secure your operations: Error Elimination at the Source: E4473’s intelligent, guided interface minimizes human error on Form 4473. It ensures all required fields are completed correctly and flags potential issues before a NICS check is even initiated, drastically reducing the risk of a “Report of Violations.” Seamless Integration for Unified Records: As part of the Bravo Store Systems, E4473 integrates directly with your POS, inventory management, and digital A&D Bound Book. This means firearm dispositions from the 4473 automatically update your A&D book, ensuring consistency and preventing discrepancies. Streamlined NICS & Transaction Flow: The platform facilitates faster customer completion of the 4473, leading to quicker NICS checks and a smoother overall transaction. This frees up your staff to focus on customer service, not paperwork. Bulletproof Digital Storage: Say goodbye to endless filing cabinets! E4473.com provides secure, ATF-compliant electronic storage of all your 4473s and associated documents. This makes retrieval for audits or trace requests instantaneous, organized, and stress-free. Always Up-to-Date: ATF forms and regulations can change. E4473.com is continuously monitored and updated by experts to ensure your forms and processes are always in compliance with the latest federal rules. Audit Preparedness: With all your records digitally organized and easily accessible, you’ll approach ATF inspections with confidence, knowing your compliance ducks are in a row. For FFLs, gun dealers, and pawn shops, ATF compliance is not merely a task to check off a list; it is a continuous commitment to responsible operations. By embracing solutions like E4473, powered by the robust Bravo Store Systems, you’re not just avoiding penalties – you’re building a stronger, more efficient, and more secure business for the long haul. Don’t let compliance be a source of stress. Make it a strength. Visit E4473.com today to learn more and request a demo. Secure your business’s future and ensure peace of mind with the ultimate solution for ATF compliance.
- Published in ATF, Bravo POS, Form 4473, Gun Stores
Correcting Errors on ATF Form 4473
Monday, March 18 2024
The ATF Form 4473 is a critical document in the United States for the legal transfer of firearms. It is used by Federal Firearms Licensees (FFLs) to record pertinent details about the buyer and the sale. Accuracy is paramount, as errors can lead to legal complications for both the buyer and the seller. If you discover an error on your ATF Form 4473 after the transfer has been completed, it’s important to address it promptly and correctly. Identifying the Error First, thoroughly review the form to understand the nature of the error. Common mistakes include incorrect personal information, missing signatures, or improperly answered questions. Once identified, the process to rectify these errors is straightforward but must be followed carefully to ensure compliance with federal regulations. Steps for Correction Photocopy the Original Form: Make a photocopy of the inaccurate Form 4473. This will be the document where corrections are made. Make Necessary Additions or Revisions: On the photocopy, clearly make the necessary additions or revisions. Use a pen for all corrections and avoid using correction fluid or tape. Initial and Date Changes: Whoever makes the changes, whether it’s the transferor/seller or the transferee/buyer, must initial and date the changes. This indicates who made the correction and when. Attach the Corrected Copy to the Original Form: The corrected photocopy should then be attached to the original form 4473. It’s important that the original form is not altered. Instead, it should be kept intact with the corrected photocopy accompanying it. Retain as Part of the Permanent Records: The original form, along with the corrected photocopy, should be retained as part of the transferor’s/seller’s permanent records. Seller’s and Buyer’s Responsibilities The transferor/seller is responsible for making changes only to Sections A, C, and E of the form. Conversely, the transferee/buyer should only make changes to Sections B and D. It’s crucial that both parties understand their respective roles in the correction process to maintain the integrity of the records. Recent Revisions to ATF Form 4473 It’s also worth noting that the ATF Form 4473 has undergone revisions to reflect new statutory requirements and to enhance public safety. These changes include the addition of new questions and the requirement to record privately made firearms (PMFs) on the form. FFLs and buyers should familiarize themselves with these updates to ensure that they are completing the form correctly. Mistakes happen, but when it comes to firearms transactions, it’s essential to correct them promptly and properly. By following the outlined steps, you can ensure that your ATF Form 4473 is accurate and compliant with federal regulations. E4473 is a digital version of the ATF Form 4473, which streamlines the process and reduces the likelihood of errors. Mistakes can occur, especially in critical transactions like firearms purchases. However, when it comes to ATF Form 4473, accuracy and compliance are paramount. To minimize errors, consider using the online ATF Form 4473 via e4473.com. Remember, accuracy matters—especially when dealing with firearms. Choose the digital route with E4473 for a smoother, compliant process.
- Published in ATF, Form 4473, Gun Stores
ATF 4473: Streamlining Firearm Acquisitions for Businesses
Thursday, March 14 2024
Attention Business Owners: The ATF Form 4473 is a crucial part of acquiring firearms through licensed dealers. Understanding this process ensures a smooth transaction and minimizes disruptions. Key Points: Mandatory for all firearms: Every purchase from a licensed dealer necessitates completing the ATF 4473. Information verification: The form verifies your business’s eligibility and responsible ownership through personal details and inquiries about criminal history, mental health, and drug use. Accuracy is paramount: Falsifying information constitutes a federal offense with severe consequences. Completing the ATF Form 4473 Efficiently: Meticulous review: Ensure thorough understanding of the instructions before proceeding. Clear and concise: Utilize black or blue ink for accurate and legible completion. Avoid abbreviations, symbols, or corrections. Mistakes necessitate a new form. Accurate identification: Provide your business’s legal name and current registered address. Background check facilitation: Supplying your Social Security number (if applicable) can expedite the process and minimize delays due to mistaken identity. Understanding Crucial Questions: Questions 11.a – 11.l: These inquiries determine your eligibility based on federal law. Answering “yes” to any disqualifies the purchase. Question 12: This pertains to state-specific regulations. A “yes” response necessitates proof of exemption or rights restoration for a successful purchase. Question 13: This clarifies if you are the direct buyer or acting as an intermediary for someone prohibited from owning firearms. Straw purchases are strictly illegal. Transaction Completion: Signing and verification: After completing the form, both you and the dealer must sign and date it. The dealer will record firearm details in section 24. Background check: The dealer will conduct a National Instant Criminal Background Check System (NICS) verification. You will receive a “proceed,” “delay,” or “deny” response. Proceed: The purchase can be finalized. Delay: Awaiting further NICS instructions is required. Deny: The purchase is prohibited, but an appeal right exists. Enhancing Efficiency: While the traditional form-filling process can be cumbersome, E4473.com offers a streamlined solution: Digital platform: Electronically create and manage your ATF 4473 forms. Reduced errors: The platform minimizes the risk of mistakes associated with manual completion. Improved workflow: Save time and streamline the acquisition process. Accessibility: Access and store your forms securely anytime, anywhere. E4473.com empowers businesses to ensure ATF compliance, minimize delays, and focus on core operations. Disclaimer: This information is for general awareness only and does not constitute legal advice. Please consult with a qualified legal professional for comprehensive guidance regarding ATF regulations.
- Published in ATF, Form 4473, Gun Stores
5 Must-Have Gifts To Stock Your Gun Store With This Holiday Season
Tuesday, November 30 2021
The holiday season is here, a time where everyone is on the hunt for the perfect gifts for friends and family. Some may opt to surprise their dad with a gift certificate for a new firearm, while others may hope to find the ideal accessory to complete their husband’s loadout. Here are five must-have gifts to stock your store with this holiday season. Great gift ideas for gun lovers Picking a new firearm can be a highly personal choice. From sights to cases and everywhere in between, here are some firearm add-ons that will help optimize your loved one’s shooting experience. 1. Aimpoint CompM5b The Aimpoint CompM5b red dot sight is a compact, high-performance accessory that is the first to have a built-in, range-compensating turret system. It allows the user to tailor the experience to meet whatever their shooting requirements may be, including wind or lead compensation adjustments. What’s more, it has a flip-up lens cover, which is solid on the front and transparent on the back, allowing for shooting with both eyes open and the lens caps closed in the case of an emergency. Price: $787-$920, depending on where purchased and any discounts 2. Protac® Rail Mount 1 Long Gun Light Keep your favorite hunter safe in the dark with the Protac® Rail Mount 1 Long Gun Light. Able to run on either an alkaline or lithium battery, the light has three operating modes, including a strobe mode to use to either disorient or signal. It’s also waterproof to one (1) meter for 30 minutes and can operate in temperatures from -40°F to +120°F. To use the light, they can choose either the remote switch or the standard push-button tail switch. Price: $118.99 3. Zeta6 J-PAK A perfect stocking stuffer, the Zeta6 J-PAK is a compact loading device for revolvers that can hold up to 10 rounds. This simple reloading tool can be set up for either right- or left-handed shooters, and it can be used in both hot and cold environments. Made from a durable polyurethane material, the J-PAK can easily lay flat in the user’s pocket when not loaded—an incredibly handy device for everyday/concealed carry Price: $11.95 4. Pelican iM3410 Storm Long Cas Make sure their gear is always protected with the best waterproof case around, the Pelican iM3410 Storm Long Case. Boasting a lifetime guarantee, this case is made in the U.S.A. and features five press-and-pull latches and four pad-lockable hasps. Sturdy doesn’t even begin to describe this case’s capabilities. With three double-layered, soft-grip handles and an o-ring seal, the Pelican iM3410 Storm Long Case is easily and safely transported wherever you’re headed. Price: $279.95 5. Magpul® Frame Lock – Rigger EDC If the shooter in your life is also a hunter, the new Magpul® Frame Lock – Rigger EDC knife is sure to be the gift of the year. This everyday carry knife boats “uncompromised functionality, intelligent design, and exceptional ergonomics,” as the Magpul website states, ensuring its user gets clean, price cuts every time. Made and engineered in the U.S.A., this slick tool boasts a secondary locking feature (SLF) for added safety, which can be disengaged with or without gloves on. Your loved one can clip it onto their lanyard with the aluminum pocket clip—it’s so discreet they’ll love that they can barely notice it’s there. Price: $239.95 Give yourself the gift of peace of mind when you sign up for E4473. Get your store set up today!
- Published in Gun Stores, Holiday Gift Guide
Why Bravo POS Customers Need E4473
Tuesday, September 28 2021
There’s no better way to manage your inventory than with Bravo Store Systems point of sale (POS), but it’s time to take your store to the next level. E4473 is the only 360-degree digital solution that integrates with the Bravo Platform POS for Form 4473—allowing you to quickly and securely process firearm transactions. With seamless integration into your POS, E4473 allows you to safely and easily sell firearms to your customers while saving yourself time and stress. Learn more about why Bravo POS customers need E4473. Why you need E4473 E4473 is an end-to-end digital verification process that cuts out the need for paper versions of Form 4473—no more printing, wet signing, faxing, scanning, mailing, or filing. Integrating E4473 into your Bravo POS is a smart move for both you and your customers, as it ensures your customers’ information is always secure and ATF-compliant. Better for your customers When you use E4473 for your firearm verification process, your customers will love how easy it is for them to fill out the necessary forms in minutes right from their own smartphone. That’s right—no wait times. There are also commonly asked questions, definitions, and exceptions listed within the form to help your customers fill out each field correctly. Your customers can rest assured that their data is always protected with E4473, too, thanks to a secure sign-in process and round-the-clock data monitoring. They’ll love how quickly they can get through firearm verification at your store and move through the purchase process to go home as soon as possible with their latest acquisition. Better for your business No matter the size of your business, E4473 will eliminate the need for manual data entry and help cut down on any potential employee errors. We stay on top of all of the latest releases, regulations, and requirements from the Bureau of Alcohol, Tobacco, Firearms, and Explosives and are constantly updating our system accordingly. Your employees will also be able to easily complete background checks with the National Instant Criminal Background Check System (NICS), which can be completed via form or phone call. E4473 has easy data transfer capabilities from the digital Form 4773 to the NICS form to help streamline the process for your store. Optimized for every major operating system, E4473 can be run both on your customers’ phones and your in-store retail kiosks to give them options. With multi-user capability, there’s never any issue with multiple customers or employees using the system simultaneously, removing any worries about errors or timeouts. You can remotely access the E4473 system from anywhere as long as you have an internet connection. To simplify things even further, the E4473 system can also be integrated into your POS with ease, allowing you to have full control all in one place. Make your life easier and your customers happier with E4473. Sign up for a free demo today!
- Published in Bravo POS, Bulletproof Security, Form 4473, Gun Stores, NICS
9 Ways E4473 Brings Your Business Into the 21st Century
Monday, September 13 2021
E4473 is not just another piece of technology. It’s not just for large firearm retailers or e-commerce firearm stores, either. Bringing your business up to speed has never been easier than with our E4473 system, which fully digitizes the process of firearm verification requests and background checks. It’s time to get with the times, so here are nine ways switching to E4473 will bring your business into the 21st century. Upgrades galore: How E4473 will elevate your store 1. Digital signature and submission With digital paperwork, this means no more printing, wet signing, faxing, scanning, mailing, or filing. Digital signatures can be recorded and submitted from any mobile device. 2. Digital storage You no longer have to deal with physical copies of customers’ paperwork nor having to worry about keeping those copies safe. You’ll also save thousands of dollars a year on paper and always be able to access your forms remotely. 3. Developed for businesses of all sizes E4473 works for pawn shops, small gun shops, e-commerce firearm stores, large firearm retailers, and everywhere in between. Our different pricing packages accommodate every type of business and are based on your unique needs. 4. Bulletproof security With round-the-clock security, your data is being kept safe 24/7/365. We also perform ongoing data back-ups to ensure none of your information is ever lost and offer the utmost in customer privacy and verification, including a secure sign-in process and two-factor authentication. 5. Happier customers Being able to fill out the necessary forms in minutes and from their own mobile device means wait times are a thing of the past. This also means customers can get through the entire verification process and go home with their new firearm much more quickly. 6. Easy-entry NICS system Gone are the days of manually filling out forms for the National Instant Criminal Background Check System (NICS). Our Easy-Entry NICS system ensures error-free forms, accurate background checks, and automatic compliance updates. 7. Integration with Bravo Platform POS Seamless integration with the Bravo Platform POS means you won’t have to change a thing about the way you operate. This allows you to streamline your in-store and even further improve your customer experience. 8. Faster ATF audits E4473 stays up-to-date on all of the latest releases, regulations, and requirements by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), which means your forms, system, and storage are always 100% compliant with ATF regulations. When it comes time for an audit, digital paperwork is also much quicker and easier to go through, as there is less room for error and issues with legibility. 9. Empowered employees The E4473 system comes with exclusive access to 24/7 online training videos, as well as FAQ and support. Inside the platform, each section of the application also has questions with definitions and exceptions to make everything easy to understand and refer back to. Want to see E4473 in action? Schedule a free demo for your store today!
- Published in ATF, Bulletproof Security, Cloud Storage, Form 4473, Gun Stores, NICS
Meet The Founder: An Exclusive Interview with Tally Mack
Tuesday, August 17 2021
Tally Mack, CEO of Bravo Store Systems and Founder of E4473, sat for an exclusive interview to give some insight into what inspired E4473 and why this 360-degree digital solution is the way of the future. Listen as Tally talks about the hurdles firearm retailers and customers deal with when it comes to paperwork, like Form 4473 and NICS background checks, and learn how E4473 solves these problems. Some of the features of E4473 that aid in this process include: Easy-entry NICS submissions, which take all of the manual efforts out of handwriting your background check forms. E4473 Cloud Storage, which allows you to securely store all of your paperwork online for up to 20 years in 100% compliance with ATF regulations. E4473 Business Portal, which gives you on- and off-site access to your account and the ability to add more forms and different packages with the click of a button. As a firearm retailer, digitizing your store with E4473 allows you to streamline your operations. When paired up with the Bravo Store Systems Point of Sale (POS), it gives you full control all in one easy-to-use place. With multi-user capability, you, your team, and your customers can all access E4473 at the same time to make firearm sales a breeze. Most importantly, our 360-degree digital experience eliminates the plethora of errors often committed when filling out 4473 forms by hand. You will no longer have to deal with deciphering someone’s handwriting nor manually combing through customers’ paperwork field by field. When and if the time comes, this also means easier ATF audits, too, as you’ll be able to quickly locate any documents they may need. Have you scheduled your free demo of E4473 yet? Sign up today!
- Published in Form 4473, Gun Stores, NICS
Understanding Critical Threats to Gun Shops and How to Protect Your Store
Wednesday, June 16 2021
Operating a firearm shop is no easy task and shouldn’t be taken lightly. For those in the firearm industry, it’s important to be aware of, and prepared for, the most critical threats to gun stores and pawn shops that sell firearms. There are several different safety steps you can implement to keep you and your store safe, both from government regulations and paperwork issues, as well as immediate threats, such as break-ins. Learn how E4473 plays a role in protecting your business from these potential issues. Keep your shop safe with E4473 One of the biggest threats to firearms sellers is customers manually completing the necessary paperwork. When you use paper versions of Form 4473—done by hand and stored in a file cabinet—the risk is too high for that paperwork to get lost, damaged in a potential fire, and/or simply take up too much physical space. Moreover, with a high possibility of human error, paper forms leave your gun store vulnerable to potential fines by the Bureau of Alcohol, Tobacco, Firearms, and Explosives for a store’s inability to adhere to standard ATF regulations. With the E4473 app, it’s out with the old, paper-based forms and in with our all-inclusive digital application that simplifies—and protects—the lives of both firearm retailers and customers alike. Eliminating any room for error, E4473 is 100% compliant with ATF regulations, offers easy-entry NICS submissions, and provides bulletproof data security. Perfect for pawn shops, small gun shops, e-commerce firearm stores, and large retailers alike, you’re protected at every step. If the ATF should ever audit your business, E4473’s customer support team will stand by you before, during, and after the audit. Other potential threats to firearm retailers In early May 2021, President Joe Biden called for federal gun safety regulation measures. Two bills to strengthen background checks for those purchasing firearms have recently passed in the House of Representatives. Despite these new developments, The Washington Post predicts Congress will not pass new national legislation, but only time will tell if the current president’s efforts will further complicate things for firearm retailers and owners. How else to keep your store safe A more immediate threat to gun and pawn shops are physical break-ins. Burglaries remain a serious cause for concern for firearm retailers. To best protect your store, 24/7 surveillance, security arms, and other such related devices are imperative to keeping your wares safe and sound and saving you the time, hassle, and money lost. According to The National Shooting Sports Foundation (NSSF), criminals specifically look for stores with a “lack of adequate perimeter and site security measures,” like fences and exterior lighting. They also target buildings with little to no security considerations, such as “smash-resistant doors, gates, glass, security grills and gates, exposed perimeter walls, and easy roof access.” Both inside and outside of your building, you must also consider the following: Types of locks Alarm systems Lack of and/or outdated security cameras and/or systems Inferior firearms storage inside your store, including lack of highly secure cases, safes, cable locks, and storage rooms While physical protection, like alarms and cameras, are of the utmost importance, you must also determine where your weak points are, or as the NSSF refers to it, “a site-specific threat analysis and vulnerability assessment,” in addition to what you and you and your team will do on the off chance that a break-in occurs. Both you and your team members will be grateful after having developed a “crisis response action plan,” should you find yourself in this situation. If you haven’t signed up for an E4473 demo yet, contact us today! Let us show you how to protect your store and make your customers happy with E4473.
- Published in ATF, Bulletproof Security, Gun Stores
Firearm Sales: What Pawn Shops Should Expect in 2021
Wednesday, April 14 2021
It’s no secret there’s a shortage of ammunition and firearms. Unfortunately, this shortage has triggered a retail frenzy over the past 18 months. Nearly 40 million guns were purchased legally in 2020, and another 4.1 million were bought in January. U.S. gun sales in January surged 60% to 4,137,480. This makes it the largest single month since figures started to be recorded in 1998. The gun sales industry has become an example of the double-edged sword effect—the basic rule of supply and demand. The less guns, ammo, and supplies that are available, the more people will be lined up to grab any and all inventory as soon as stores stock up. Moreover, without inventory, most shops cannot compete to drive customers into stores. So, where does this end, and what can pawn shops expect in firearm sales through 2021? First off, what happened? Short answer, 2020 happened. Let’s be frank: What didn’t go wrong in 2020? First, COVID-19 hit full force in early 2020, shutting down businesses, manufacturing plants, retail stores, and so much more. By our estimation, this lit the match to cause one serious chain reaction in the firearm industry. Next, our country found itself caught in the midst of a political war. It was the perfect storm. This media-driven “molotov-cocktail” hit the country hard. The minute stores opened, ammunition was swept off the shelves. Firearm application submission went through the roof. More than 21 million gun background checks were conducted in 2020 – up 60% from 2019. All while firearm and ammo manufacturers were still shut down. The end result – one of the largest shortages we have ever seen. Shortages are lightening up. The good news is most of the manufacturers and distributors have stepped up. As of April 2021, we are seeing signs of inventory coming down the pipeline. Companies, like Ruger and Smith & Wesson, have come forward to ensure their customer’s new processes are in place and that product is coming. While it may take some time to restock circulation, we can all sleep a little easier knowing that firearms and ammunition manufacturers are doing their part to make more inventory available in the very short term. This scenario would likely put the general public at ease and in turn decrease the instant demand for guns, ammo, and supplies once again bringing balance to the firearm industry. A shift in power For gun stores, pawnshops, and firearm customers the not-so-good news is a major shift in power has taken effect. One of the largest most controversial items on the forefront of the Biden Administration’s docket is gun control. We may very well in fact be in the midst of firearm history as we know it. In March of 2021, a bipartisan coalition in the House of Representatives passed two bills to close what they refer to as “loopholes” in the gun background check system. Additional major changes are mounting from the Biden Administration aiming to appoint a new Director of the ATF as well as working to pass more restrictions and laws around manufacturing guns, purchasing guns, and yes simply owning guns. Should these reports have any truth and beyond that new laws put into place, this will surely impact the firearm industry as a whole. To what level we can’t exactly say at this moment. We might assume this could make it more difficult to purchase and possess guns and ammunition in the United States. This could push the American consumer market to continue to line up around the block awaiting retail distribution deliveries. The long and the short of the barrel If trends are telling us anything, like a pawnshop or any firearm retail store, it’s more important than ever to stay informed of ATF compliance and offer customers the ability to legally purchase a firearm in the most convenient ways possible. With demands seemingly increasing through 2021 and lines to purchase becoming longer, retailers should aim to find ways to better serve their customer base. Streamlined digital solutions like the E4473 integration will prove largely valuable to keep things quick, simple, and law-abiding when it comes to gun sales. For more information on E4473 and how we are working to digitize a 360-degree firearm selling experience, check out our website! Sources: https://www.usatoday.com/story/money/2021/02/10/this-is-how-many-guns-were-sold-in-all-50-states/43371461/ https://www.whitehouse.gov/briefing-room/statements-releases/2021/04/07/fact-sheet-biden-harris-administration-announces-initial-actions-to-address-the-gun-violence-public-health-epidemic/ https://www.foxbusiness.com/lifestyle/gun-background-checks-2020-record-firearms
- Published in Form 4473, Gun Stores, NICS
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