How to Start a Handyman Business In Minnesota
Here is some helpful information on getting your handyman company started in the state of Minnesota. You may want to start here: How To Start A Handyman Business. Make sure you research properly as laws are constantly changing. Getting started– The state of Minnesota has two websites to help you get your business started: https://mn.gov/deed/business/starting-business/ and http://www.sos.state.mn.us/business-liens/start-a-business/how-to-start-a-business-in-minnesota/-One of the first things you will need to do is register your handyman business name.
Find out more about registering a fictitious name or DBA (“Doing Business As”) here: http://www.sos.state.mn.us/business-liens/start-a-business/naming-your-business/ If you need help selecting a name for your handyman business: Choosing a Handyman Business Name and Handyman Business Name Ideas-Before registering your business, you will need to select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: http://www.sos.state.mn.us/business-liens/start-a-business/types-of-minnesota-businesses/ More on Business Entities Here: Handyman Business Structure-You will need to register your business with the state of Minnesota.
You can register your handyman business with the state of Minnesota here: http://www.sos.state.mn.us/business-liens/start-a-business/how-to-register-your-business/-You will need to open a business account at your bank.
You will need to open a separate bank account for your handyman business with your new business name.-You will need to register your business for tax purposes and may want to hire an accountant.
If you are a small company, it is not too difficult to file your own taxes. As you grow, it will be easier to have an accountant do the work. More info about taxes here:-You will need to register as a contractor with the state of Minnesota.
Find out more here: http://www.dli.mn.gov/ccld/register.asp-Get Business Software.
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-Get Liability Insurance.
We work with ContractorsLiability.com because they’re the one-stop-shop for General Liability insurance and are able to get online quotes in all 50 states. Get A Quote >
-Worker’s Compensation.
You will need Worker’s Compensation if you have any employees. Get A Quote >
-Get Health Insurance.
Since you will be self-employed, you will need your own health insurance. If you have employees, you will need a plan that will include their health needs also.
-City License.
You may be required to obtain a license to operate your handyman business in a particular locale, whether you are a resident, or not.
-Permits.
Depending on the locale, you may need to apply for permits before commencing certain types of handyman-related jobs.
-Building Code and Inspections.
You must be aware of building codes for particular jobs, and may be subject to inspections.
-OSHA.
Depending on how many employees you have, you may need to follow OSHA regulations. http://www.osha.gov
