How to Start a Handyman Business In Maine
To start your own handyman company in Maine, you will have to complete a few different steps. You may want to start here: How To Start A Handyman Business. Make sure you research properly as laws are constantly changing.
Getting started– A few websites created by the state of Maine on how to start a business can be found here: http://www.maine.gov/portal/business/starting.html and https://www1.maine.gov/cgi-bin/online/businessanswers/index.pl
-Register your handyman business name.
Contact your local government agency about registering your name.
-Select your business structure.
-Register your handyman business with the state of Maine.
You can find out more about obtaining a business license here: http://www.maine.gov/portal/business/licensing.html
-Open a business account at your bank.
You will need to open a separate bank account for your handyman business with your new business name.
-Offer Payment Options to CustomersOffering payment options with your bids will help you work with clients that don’t have all the cash up front. Hearth’s software allows you to pre-qualify your customers (without affecting their credit score) directly from a mobile app so that you can win more business and larger project sizes, even on deductibles. With Hearth:
- Loan amounts can range from $1,000-$100,000, and customers can get funds into their account in 1-5 days.
- You can serve clients with credit scores as low as 500.
- You’ll never pay per-loan dealer fees.
- There are no minimum requirements to join!
-Register your business for tax purposes and hire an accountant.
If you are a small company, it is not too difficult 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.maine.gov/portal/business/taxes.html and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business
-Get Business Software
Business software will streamline your handyman business before you even start, giving you visibility and control over all your leads, sales, jobs, and tasks from a single program to get your company on the fast track toward growth.
You’ll also be able to create estimates, place material orders, automate the boring (but necessary) stuff, empowering you and your team to finish jobs on time and on budget. Try JobNimbus for Free!
-Get liability insurance.
More about liability insurance here: Contractor Liability Insurance
-Register as a contractor.
Check with your local government to see if you need to register as a handyman contractor in the state of Maine.
-Get worker’s compensation if you have employees.
-Get your own 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.
-Be aware of building codes and inspections and any necessary city licenses or permits.
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.