How to Start a Roofing Business In Kentucky
Here are some steps on how to become a legal roofing business in the state of Kentucky. This information will also help you start other roofing and construction-related businesses such as installing gutters and siding.
Getting started– The state of Kentucky has created a website to help you start your business: http://onestop.ky.gov/
-Register your business name.
Find out more about registering a business name here: http://onestop.ky.gov/start/Pages/structure.aspx
If you need help selecting a name for your roofing business: Choosing a Roofing Company Name
-Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: http://onestop.ky.gov/start/Pages/structure.aspx
-Register your business.
Find out more about how register your business with the state of Kentucky here: https://secure.kentucky.gov/sos/ftbr/Welcome.aspx
-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 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: http://onestop.ky.gov/start/Pages/statetax.aspx and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business
-Get Liability Insurance.
Find an insurance agent that offers liability insurance. You may want to shop around, as prices and options can vary. Roofers have a higher risk than other types of contractors, so insurance costs will be more for roofers than landscapers, painters, etc.
-Register as a Contractor.
Check with your local government to see if you need to register as a roofing contractor.
The insurance agency that provided your liability insurance should be able to help with this.
-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 particular jobs, and may be subject to inspections.
Depending on how many employees you have, you may need to follow OSHA regulations. http://www.osha.gov