How to Start a Painting Business In Illinois
Here is some information to help you become a painting contractor in the state of Illinois. The provided links will help start a residential painting business, commercial painting business, wallpapering, decorating, staining, pressure washing, or any other type of painting-related business you may want to start.
Make sure you take time to plan before starting your painting business. For more on starting and running a successful painting business: How to Start a Painting Business
How to Register Your Painting Business in Illinois
As laws change regularly, make sure you research your local laws before starting your painting company.
Getting started- The state of Illinois has a website about starting a business in Illinois here: https://www2.illinois.gov/dceo/smallbizassistance/beginhere/pages/stepbystepguide.aspx
-Register your painting business name.
You will need to register your business name with your county clerk’s office.
-Choose a business structure.
Decide what structure you want for your new painting business– Sole-proprietor, LLC, Partnership, Corporation, etc. Find out more here: https://www2.illinois.gov/dceo/smallbizassistance/beginhere/pages/stepbystepguide.aspx
-Register your painting business in Illinois.
You can register your painting business with the state of Illinois here: http://tax.illinois.gov/Businesses/register.htm
-Open a Business Account with your Bank.
You will need to open a separate checking account for your painting business with your new business name.
Research the laws for self-employment taxes. You may want to hire an accountant do the work. More info about taxes here: http://tax.illinois.gov/ and http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Starting-a-Business
-Get Painting Software
Painting 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!
Liability insurance will help protect you from job-related accidents and mistakes. Not all insurance companies offer liability insurance. You may also want to check with numerous insurance companies, as prices and options can vary. More on liability insurance here: Contractor Liability Insurance
-Register as a Contractor in Illinois.
Depending on what type of work you will be doing, you possibly will need to register as a contractor. See if you need to register as a licensed contractor here: http://www.idfpr.com/profs/proflist.asp
You don’t need to worry about Worker’s Compensation unless you have employees. Your insurance agent can help you with this.
Since you will be self-employed, you will need to apply for your own health insurance plan. If you have employees, you will need an insurance plan that covers their needs also.
-City License and Permits.
You may be required to obtain a license operate your painting business in a particular locale, whether you are a resident, or not. You may also need to get permits depending on what type of work you will be doing.