How To Start A Handyman Business In The State Of Alabama
Here is a list of some items you may need to address when trying to start a handyman company in the state of Alabama. You may want to start here: How To Start A Handyman 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 handyman company, along with a few links to more information.
Alabama has a web page to help you get started with your business:
-Register your handyman business name.
You may need to register a fictitious name for your business.
-Select your business structure.
Determine what business structure you wish to have: Sole-proprietor, LLC, Partnership, Corporation, etc.
-Register your handyman business.
You may be required to register your handyman business with your state.
-Open a Business Checking Account.
You will need to open a separate bank account for your handyman 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.
-Register as a Contractor.
You need to find out if your state or city requires you to register as an insured contractor.
-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 operate your handyman 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 handyman-related 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. http://www.osha.gov
Depending on your startup budget, you may need to apply for financing to help pay for equipment. Direct Capital offers financing for equipment for businesses. *Must have a 700+ FICO score OR be in business 2 years for consideration. Find out more>