How To Start A Roofing Business In The State Of Alabama
Here is a list of some items you may need to address when trying to start a roofing company in the state of Alabama. You may want to start here: Starting a Roofing Business. You must do your own thorough research, as laws change regularly. Here are some steps you may have to take (not necessarily in order) to start your roofing company, along with a few links to more information.
Alabama has a web page to help you get started with your business:
-Register your business name.
You may need to register a fictitious name for your business.
If you need help selecting a name for your roofing business:
-Select your business structure.
Determine what business structure you wish to have: Sole-proprietor, LLC, Partnership, Corporation, etc.
-Register your business.
You may be required to register your business with your state.
-Open a Business Checking Account.
You will need to open a separate bank account for your business with your new business name.
-Find out about taxes, hire an accountant.
You may want to file your own taxes if you are a small company. As you grow, it will be easier to have an accountant do the work. More information about taxes here:
-Get Liability Insurance.
In Alabama and many states, understanding the regulations and laws regarding the need for contractor liability and bonds for contractors can be tricky. Having the right coverage is crucial for all roofing contractors.
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. Plus, their expertise means they’re fast when it comes to getting the right bond and liability coverage. Alabama roofers need to win the job and stay protected at an affordable price. Learn more >
-Register as a Contractor.
You need to find out if your state or city requires you to register as an insured contractor.
The insurance agency that provided your liability insurance should be able to help with this. You don’t need Worker’s Compensation unless you have employees.
-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.
You may be required to obtain a license to do business in a particular locale, whether you are a resident, or not.
Depending on the locale, you may need to apply for permits before commencing certain types of roofing jobs.
-Building Code and Inspections.
You must be aware of building codes for your particular job, and may be subject to inspections.
Depending on how many employees you have, you may need to follow OSHA regulations.