How to Start a Handyman Business In Colorado
There are a number of steps to take to start a handyman business in the state of Colorado. 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 links to more information.
Getting started- The state of Colorado provides a few helpful websites for getting your business started: https://www.colorado.gov/apps/jboss/cbe/start-business.xhtml and http://www.coloradosbdc.org/starting-your-business
1. Register your handyman business name.
Find out more about registering a fictitious name here: http://www.coloradosbdc.org/resources/resource-guide/legal-structure-and-registration
2. Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: http://www.coloradosbdc.org/resources/resource-guide/legal-structure-and-registration More here: Handyman Business Structure
2. Register your handyman business.
You can find out more about registering your handyman business with the state of Colorado here: http://www.coloradosbdc.org/resources/resource-guide/legal-structure-and-registration
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 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: https://www.colorado.gov/tax 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.
Check with your local government about contractor registration.
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-related jobs.
12. 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