How to Start a Roofing Business In Illinois
There are a few different steps to becoming a successful roofing business. You may want to start here: Starting a Roofing Business.
Make sure you research the laws in your area before starting your roofing company.
Getting started- The state of Illinois has a website about starting a business in Illinois here: Illinois Business Startup Guide
1. Register your business name.
You need to register your business name with your county clerk’s office. Here is a link to county clerk offices in Illinois: County Clerk Addresses
If you need help selecting a name for your roofing business: Choosing a Roofing Company Name
2. Choose your business structure.
Decide what structure you want for your roofing business– Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: Illinois Business Startup Guide
3. Register your business with Illinois.
You can register your business with the state of Illinois here: Illinois Business Registration
4. Open a Business Account with your Bank.
You will need to open a separate checking account for your business with your new business name.
5. Find out about taxes and 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 info about taxes here:
6. Get Liability Insurance.
In Illinois 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. Illinois roofers need to win the job and stay protected at an affordable price. Learn more >
7. Register as a Contractor in Illinois.
You must register as a licensed contractor in the state of Illinois. You can apply for your registration here: Illinois Roofing Contractor License .
8. Worker’s Compensation.
Check with your insurance agency about worker’s compensation. You don’t need Worker’s Compensation unless you have employees.
9. 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.
10. See if you need a City License.
You may be required to obtain a license to do business in a particular locale, whether you are a resident, or not.
11. Don’t forget about Permits.
You may need to apply for permits before commencing certain types of roofing jobs, depending on your location.
12. 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.
14. Get Financing
Depending on your budget, you may need to apply for financing to help pay for equipment. Direct Capital offers financing for equipment purchases. *Must own a business for 2 years OR have a 700+ FICO score for consideration. Find out more>