How to Start a Handyman Business in Delaware
Here is some important information on how to start a handyman company in the state of Delaware. You may want to start here: How To Start A Handyman Business. Make sure you research properly as laws are constantly changing.
-Register your handyman business name.
Find out more about business name registration by reading Step #1 here: http://firststeps.delaware.gov/get_license.shtml
-Select your business structure.
Determine what business structure you wish to have: Sole-proprietor, LLC, Partnership, Corporation, etc. – https://corp.delaware.gov/howtoform.shtml More on Business Entities Here: Handyman Business Structure
-Register your handyman business.
Find out more here: https://onestop.delaware.gov/osbrlpublic/Home.jsp
-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: http://revenue.delaware.gov/services/BusServices.shtml 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. More about liability insurance here: Contractor Liability Insurance
-Register as a Contractor.
As a handyman, you may need to register as a contractor with the state of Delaware: http://revenue.delaware.gov/services/Business_Tax/Cont_New.shtml
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.
-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. You may also need a license and/or certification to perform certain types of work such as electrical or plumbing.
Depending on the locale, you may need to apply for permits before commencing certain types of handyman 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