How to Start a Handyman Business In Arkansas
Here is how to start your own handyman business in Arkansas. You must do your own thorough research, as laws change regularly. You may want to start here: How To Start A Handyman Business. Here are some steps you may have to take (not necessarily in order) to start your handyman company, along with links to more information.
Here are two websites from the state of Arkansas that will help if you want to start a business in Arkansas: http://www.dreamitdoitarkansas.com/ and http://www.arkansas.gov/business
1. Register your handyman business name.
Find out more about registering your business name here: https://www.ark.org/sos/ofs/docs/index.php
2. Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: https://www.sos.arkansas.gov/business-commercial-services-bcs/frequently-asked-questions-faqs/corporations-faqs
3. Register your handyman business.
You can get started registering your handyman business with the state of Arkansas here: https://www.ark.org/sos/starting-a-business/index.php/home/question/1
4. Open a Business Checking Account.
You will need to open a separate bank account for your handyman business with your new business name.
5. 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: http://www.dfa.arkansas.gov/Pages/default.aspx and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business .
6. Get Liability Insurance.
More about liability insurance here: Contractor Liability Insurance
7. Register as a Contractor.
Find out if you need to register here: http://www.aclb.arkansas.gov/
8. Worker’s Compensation.
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. City License.
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 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. http://www.osha.gov