How To Start A Roofing Business In Maine

How to Start a Roofing Business In Maine

To start your roofing company in Maine, you will have to complete a few different steps.  You may want to start with a business plan.
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 business name.

Contact your local government agency about registering your name.

If you need help selecting a name for your roofing business:  Choosing a Roofing Company Name and Roofing Business Name Ideas

  • Select your business structure.

Sole-proprietor, LLC, Partnership, Corporation, etc.  Find out more here: https://extension.umaine.edu/publications/3009e/  More on Business Entities: Choosing a Roofing Business Structure

  • Register your 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 business with your new business name.

  • 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 liability insurance.

Talk to a number of insurance agents about your options, as prices and options can vary.  Roofers have a higher risk than other types of contractors, so insurance costs will be more for roofers than landscapers, painters, etc.  More about liability insurance here: Roofing Liability Insurance

  • Register as a contractor.

At this time, roofing contractors are not regulated by the state of Maine.

  • Get worker’s compensation if you have employees.

The insurance agency that provided your liability insurance should be able to help with this.

  • 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 and/or permit to do business in a particular locale, whether you are a resident, or not.  You need to make sure your roofing work follows the building codes in your area, realizing that your work may be subject to inspections.

  • You may be subject to OSHA regulations.

Depending on how many employees you have, you may need to follow OSHA regulations.  Osha Roofing Contractor Regulations Summary and http://www.osha.gov