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Hello everyone this is Demos Johnson with Missouri dealer seminars I want to cover your step-by-step process and show you how to get your dealers license basically hanging on the wall it'basically a twelve-step process we'redoing to cover this extensively in your class, but I want to give you kind of overview here to ensure that you will Beadle to complete these steps in order to obtain your license one of the first things that we're going to do in your class is we×39’re going to talk about your dealer application we actually will give you one in class, and you'll have one in your dealer training manual that you'll get in your class we're going to go through this extensively to ensure that it is filled out correctly if you've got the couple of mistakes on the dealer application the dealer licensing sectioning Jefferson City may reject your application, so we will cover that extensively in class to ensure its fill that correctly a correct dealer application will sail through the dealer licensing section, and you'll get that license back the dealer×39’s license backing about six to seven days but if you×39;begot a couple of mistakes on that application it can hold your licensing process up substantially, and we're also going to talk about your background check now if you live out of state you'll have to get a background check conducted from your States HighwayPatrol or State Police Agency here in Missouri if you live in Missouri you'll have to pass a Missouri Highway Patrol background check so these background checks they go back ten years the state wants to make sure that you haven't×39;stole a car did odometer tampering or been involved in some type of automotive crime when you become a dealer we×39;redoing to talk about in your class how important it is to operate with very high ethical standards and complete integrity and the Department of Revenue does have zero tolerance for any dealer that does not follow the rules, so we are required to operate with a very high level of ethical standards, and we'll talk about that very extensively in your dealer training class we're also going to show you how to register your business name with the Missouri Secretary of State×39’s office the Missouri Secretary of State wants to know every single business that'operating in Missouri including this dealership that you're getting ready to open, so you might be fictitious name registration you might file an LLC we'll talk about this little in class and IN×39’ll always recommend getting legal or tax advice after class you know if you have any questions on how to illegally structure your business entity the state of Missouri does also require that you have business building your building needs to be enclosed, and you need to meet all local zoning requirements we actually have a very simple set of guidelines for the business building you just have to haven enclosed building you done×39’t have Mohave electricity you don't have to have running water but the state...
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