How to Start a Handyman Business In Tennessee
There are some specific steps to starting a handyman business in Tennessee. 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 a few web pages created by the state of Tennessee that will help if you want to start a business in Tennessee: https://www.tnsmartstart.com/ and https://tnbear.tn.gov/ecommerce/default.aspx
-Register your handyman business name.
Find out more about registering a fictitious name here: https://www.tnsmartstart.com/
If you need help selecting a name for your handyman business: Choosing a Business Name and Handyman Business Name Ideas
-Select your business structure.
Sole-proprietor, LLC, Partnership, Corporation, etc. Click on Step 2 at this link to find out more about business structure: https://www.tnsmartstart.com/
More here: Handyman Business Structure
-Register your handyman business.
You can register your handyman business with the state of Tennessee here: https://tnbear.tn.gov/Ecommerce/RegistrationInstr.aspx
-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: https://www.tn.gov/revenue/ 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.
We work with ContractorsLiability.com because they’re the one-stop-shop for General Liability insurance and are able to get online quotes in all 50 states. Learn more >
More about liability insurance here: Contractor Liability Insurance
You will need Worker’s Compensation if you have any employees. Find out more>
-Register as a Contractor with the State of Tennessee.
To see if you need to register your handyman business with the state of Tennessee, check here: https://www.tn.gov/commerce/regboards/contractor/how-to-become-a-licensed-contractor.html
-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 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