Here are some steps you may need to take when trying to start a masonry company in the state of Alabama. You must do your own thorough research, as laws change regularly. Here are a number of items that need to be addressed (not necessarily in order) to start your masonry business, along with a few links to more information.
Alabama has a web page to help you get started with your business:
-Register your masonry business name.
You may need to register a fictitious name for your business.
-Select your business structure.
Determine what business structure you wish to have: Sole-proprietor, LLC, Partnership, Corporation, etc.
-Register your masonry business.
You may be required to register your masonry business with your state.
-Open a Business Checking Account.
You will need to open a separate bank account for your masonry 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:
-Get Business Software
Business software will streamline your 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. Plus, their expertise means they’re fast when it comes to getting the right bond and liability coverage. Contractors need to win the job and stay protected at an affordable price. Learn more >
More about liability insurance here: Contractor Liability Insurance
-Register as a Masonry Contractor.
You need to find out if your state or city requires you to register as an insured contractor.
-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 masonry business in a particular locale, whether you are a resident, or not.
Depending on the locale, you may need to apply for permits before starting certain types of masonry 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