How to Start a Roofing Business In North Carolina
There are a number of steps to take to start a roofing business in North Carolina. You may want to start here: Starting a Roofing Business. You may want to create a BUSINESS PLAN. Next, you will need to REGISTER your business. You can find the steps to registration below. Lastly, you will need to take the proper actions to GROW your roofing business.
How to Register Your Roofing Company in North Carolina
Getting started– The state of North Carolina has a website about starting a business in North Carolina here: http://www.blnc.gov/start-your-business
1. Register your business name.
Find out more about registering a business name here: http://www.blnc.gov/start-your-business/business-forms
If you need help selecting a name for your roofing business: Choosing a Roofing Company Name
2. Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: http://www.blnc.gov/start-your-business/selecting-a-business-structure
3. Register your business.
You can register your business with the state of North Carolina here: http://www.dornc.com/electronic/registration/
4. Open a Business Checking Account with your Bank.
You will need to open a separate bank account for your business with your new business name.
5. Find out about taxes and hire an accountant.
When starting out, you may want to file your own taxes. As you grow, it will be easier to have an accountant do the work. More info about taxes here: http://www.dornc.com/ and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business
6. Get Liability Insurance.
In North Carolina 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. North Carolina roofers need to win the job and stay protected at an affordable price. Learn more >
7. Register as a Contractor.
In North Carolina, you currently only need to register as a contractor if you have roofing projects that exceed $30,000.00. Depending on what type of roofing business you are starting, you may not need to register. If you feel you need to register, you can apply for your registration here: http://www.nclbgc.org/ .
8. You may need Worker’s Compensation.
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.
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. Find out 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. Research the need for Permits.
Depending on the locale, you may need to apply for permits before commencing certain types of roofing jobs.
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. Osha Roofing Regulations Summary